Award

S&P Global Ratings Direct & Ratings Express

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

11 Sep 2023 at 12:38

Award Notice
Summary of the contracting process

The Bank of England has awarded a contract for the provision of S&P Global Ratings Direct & Ratings Express services. The total contract value is £1,902,932.53. The procurement method used was a Direct Award. The contract period is from June 1, 2022, to May 31, 2026. The contract was awarded on June 1, 2022, and the tender period ended on May 18, 2022. The primary industry category is software packages and information systems, with the delivery address located in England.

This tender presents an opportunity for businesses in the software and information systems industry to grow their market presence by providing services to the Bank of England. Companies specialising in software packages are well-suited to compete for such contracts. The Bank of England, as the buying organisation, has awarded the contract to S&P Global Market Intelligence LLC, a large-scale supplier. Interested businesses can explore further details and engage with the Bank of England through their official website.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

S&P Global Ratings Direct & Ratings Express

Notice Description

Official source for S&P Global Ratings credit ratings and research

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ba12a7f0-1123-44f8-b5e9-9591ef290ebc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1f6b4ad8-6d67-4e66-a400-f3b266b83200
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 - Direct Award
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
£1,902,932 £1M-£10M
Lots Value
Not specified
Awards Value
£1,902,932 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
11 Sep 20232 years ago
Submission Deadline
18 May 2022Expired
Future Notice Date
Not specified
Award Date
31 May 20223 years ago
Contract Period
31 May 2022 - 31 May 2026 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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

S&P GLOBAL MARKET INTELLIGENCE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-ba12a7f0-1123-44f8-b5e9-9591ef290ebc-2023-09-11T13:38:29+01:00",
    "date": "2023-09-11T13:38:29+01:00",
    "ocid": "ocds-b5fd17-ba12a7f0-1123-44f8-b5e9-9591ef290ebc",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON/1000673",
        "title": "S&P Global Ratings Direct & Ratings Express",
        "description": "Official source for S&P Global Ratings credit ratings and research",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "48000000",
            "description": "Software package and information systems"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "England",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 1902932.53,
            "currency": "GBP"
        },
        "procurementMethodDetails": "Other - Direct Award",
        "tenderPeriod": {
            "endDate": "2022-05-18T17:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2022-06-01T00:00:00+01:00",
            "endDate": "2026-05-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
            "name": "BANK OF ENGLAND",
            "identifier": {
                "legalName": "BANK OF ENGLAND",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/9yt6Qa35"
            },
            "address": {
                "streetAddress": "Threadneedle Street",
                "locality": "London",
                "postalCode": "EC2R 8AH",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Jason Cheung",
                "email": "Technology.contracts@bankofengland.co.uk"
            },
            "details": {
                "url": "https://www.bankofengland.co.uk/"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-258021",
            "name": "S&P Global Market Intelligence LLC",
            "identifier": {
                "legalName": "S&P Global Market Intelligence LLC"
            },
            "address": {
                "streetAddress": "55 Water St FL 40 New York NY 10041 US"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
        "name": "BANK OF ENGLAND"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-ba12a7f0-1123-44f8-b5e9-9591ef290ebc-1",
            "status": "active",
            "date": "2022-06-01T00:00:00+01:00",
            "datePublished": "2023-09-11T13:38:29+01:00",
            "value": {
                "amount": 1902932.53,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-258021",
                    "name": "S&P Global Market Intelligence LLC"
                }
            ],
            "contractPeriod": {
                "startDate": "2022-06-01T00:00:00+01:00",
                "endDate": "2026-05-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/1f6b4ad8-6d67-4e66-a400-f3b266b83200",
                    "datePublished": "2023-09-11T13:38:29+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}