Award

Digital Media Platform

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

31 Jul 2025 at 09:48

Award Notice
Summary of the contracting process

The Bank of England has successfully completed the procurement process for a digital media management platform aimed at supporting its own and the Bank of England Museum's digital media profiles management. This direct award process, classified under Subscription Services (CPV code 79980000), culminated in an active award status and is set within the services category. The contract has been awarded to Sprout Social Inc, a large-scale company based in Illinois, USA. The procurement process concluded with an award on 26th June 2025, with the contract period spanning from 27th June 2025 to 26th October 2028. The platform will be delivered in London, at the postal code EC2R 8AH.

This tender offers significant opportunities for businesses specialising in digital media management and platform development, particularly those capable of servicing large scale organisational needs. As the procurement method was a direct award, companies able to provide bespoke and comprehensive digital solutions may find lucrative growth opportunities in aligning with similar future tenders from established institutions like the Bank of England. Given the need for sophisticated management of digital media across various platforms, tech firms with robust offerings in digital management tools and services stand to benefit greatly.

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Notice Information

Notice Title

Digital Media Platform

Notice Description

To provide a digital media management platform to support the management of the Bank's and the Bank of England Museum's digital media profiles across different platforms simultaneously.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bced8887-3183-4802-a13a-3787d8691af6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4257410a-50b4-439a-aaf0-475214b5919a
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

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
£60,000 Under £100K
Lots Value
Not specified
Awards Value
£60,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
31 Jul 20256 months ago
Submission Deadline
26 Jun 2025Expired
Future Notice Date
Not specified
Award Date
25 Jun 20258 months ago
Contract Period
26 Jun 2025 - 26 Oct 2028 3-4 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
Not specified
Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

SPROUT SOCIAL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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