Award

Financial Markets Online Learning

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

13 Apr 2022 at 09:32

Summary of the contracting process

The Bank of England is conducting a public procurement process for a contract titled "Financial Markets Online Learning," aimed at providing access to financial markets training integrated into the Bank's learning system. This tender falls under the category of adult and other education services, specifically focusing on e-learning services. The procurement process is complete, with the award made on 7th April 2022, and the contract period spanning from 11th April 2022 to 1st April 2025. The contract has a total value of £135,000 and was initiated through a tender method, following a process that included three invited suppliers, with the tender period officially closing on 14th March 2022.

This contract presents significant growth opportunities for businesses, particularly small and medium-sized enterprises (SMEs) that specialise in e-learning and educational services. Companies that provide innovative and effective online training modules, particularly those with experience in financial markets training, would be well-positioned to compete in future tender opportunities. The emphasis on integrating learning within the Bank's observatory learning system suggests a demand for high-quality, tailored educational solutions that can enhance the skills of financial professionals.

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Notice Title

Financial Markets Online Learning

Notice Description

Provision of the Bank's access to financial markets training modules integrated on the Bank's OBS learning system. This contract was competed following a below FTS services threshold process where 3 suppliers were invited to submit tenders.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b50cc45c-1746-4457-b9e1-d2049471f7d1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/afee0664-090c-4942-aabe-f0479c3b5d9b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services


CPV Codes

80400000 - Adult and other education services

80420000 - E-learning services

Notice Value(s)

Tender Value
£127,000 £100K-£500K
Lots Value
Not specified
Awards Value
£135,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Apr 20223 years ago
Submission Deadline
14 Mar 2022Expired
Future Notice Date
Not specified
Award Date
6 Apr 20223 years ago
Contract Period
10 Apr 2022 - 1 Apr 2025 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

INTUITION PUBLISHING

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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