Award

Technology Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

24 Jul 2024 at 15:14

Summary of the contracting process

The BANK OF ENGLAND has completed the procurement process for a contract titled "Technology Services" within the IT services category, which includes consulting, software development, Internet, and support. This procurement was conducted through a call-off from the Bank's Value Added Reseller framework. The services, which will cover Content Delivery Network, App and API protection, and DDoS services, are to be delivered in England. The contract award was finalized on 28th March 2024 and the services are scheduled to commence on 1st April 2024 and conclude on 31st March 2027. The total contract value amounts to GBP 485,388, with the procurement method being selective.

This tender represents a significant opportunity for businesses in the IT services sector to engage in large-scale contracts and demonstrates a clear pathway for technology service providers to expand their operations and gain a prestigious client. Although SMEs and VCSEs are not marked as suitable for this contract, it is ideal for large enterprises specializing in IT service delivery, particularly those with capabilities in content delivery, cyber security measures, and framework agreements. Engaging with this procurement can enhance the supplier’s market credibility and establish a long-term relationship with a notable financial institution like the BANK OF ENGLAND.

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Notice Title

Technology Services

Notice Description

Content Delivery Network, App and API protection, and DDoS services. This is a Call-Off Contract which was awarded via Bank's Value Added Reseller framework.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b257e514-8b1f-44c4-9857-094acfe5036c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c9eb8673-98c4-4799-bc88-db235c935546
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£485,388 £100K-£500K
Lots Value
Not specified
Awards Value
£485,388 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jul 20241 years ago
Submission Deadline
28 Mar 2024Expired
Future Notice Date
Not specified
Award Date
28 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2027 2-3 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

SOFTCAT

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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