Award

Credit Risk Database services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

12 Apr 2023 at 13:44

Summary of the contracting process

The Bank of England has awarded a contract for Credit Risk Database services through a direct procurement method. The contract value is £156,240 GBP, with a contract period starting on March 25, 2023, and ending on March 24, 2026. The tender period ended on March 24, 2023, with the contract awarded on March 25, 2023. The procurement is classified under the "Software package and information systems" category, targeting suppliers capable of providing such services in England. The tender was planned and executed by the Bank of England and awarded to CB Information Services Inc.

This procurement presents an opportunity for businesses specializing in software packages and information systems to engage with the Bank of England. The awarded contract involves providing credit risk database services, catering to the specific needs of the Bank of England. Companies proficient in delivering such services, especially those able to meet the contract requirements and deadlines, are well-suited to compete in this procurement process and potentially expand their business through collaboration with the Bank of England.

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Notice Title

Credit Risk Database services

Notice Description

Provision of credit risk database services.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b19f0ef2-dea3-4729-ac15-f8bc1c4d73b5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d82a7c14-b711-4836-bcb1-d95353842298
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£156,240 £100K-£500K
Lots Value
Not specified
Awards Value
£156,240 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Apr 20232 years ago
Submission Deadline
24 Mar 2023Expired
Future Notice Date
Not specified
Award Date
25 Mar 20232 years ago
Contract Period
25 Mar 2023 - 24 Mar 2026 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BANK OF ENGLAND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2R 8AH
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

CB INFORMATION SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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