Award

Variation 1 - Oracle database licences including maintenance and support

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

20 May 2026 at 07:25

Summary of the contracting process

The Bank of England, based in London, has completed a procurement process for "Variation 1 - Oracle database licences including maintenance and support". This contract falls under the IT services category, specifically consulting, software development, Internet, and support services. The procurement method used was selective, involving a call-off from a framework agreement. Key dates include the tender period ending on 17th April 2026, and the contract running from 30th May 2026 to 29th May 2027. The contract, valued at £410,734.99, was awarded to Oracle Corporation UK Ltd on 29th April 2026, with the award notice published on 20th May 2026.

This tender presents growth opportunities for businesses specializing in IT services, particularly those with expertise in database management and maintenance support, though the procurement process, in this case, was selective. While the contract has been awarded to a large-scale supplier, Oracle Corporation UK Ltd, businesses looking to engage in similar future procurements should ensure alignment with framework agreements and focus on building robust capabilities in IT consultancy and support services. This tender also serves as an indicative opportunity for IT-focused enterprises aiming to establish partnerships or sub-contractual relationships with large IT service providers.

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Notice Title

Variation 1 - Oracle database licences including maintenance and support

Notice Description

Variation 1 - the provision of additional Oracle licences and support

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-be10b52d-cfc8-4c86-9591-2370243f7e69
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0e763e16-8606-44b7-987e-9f8147a96388
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
£410,734 £100K-£500K
Lots Value
Not specified
Awards Value
£410,734 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 May 20263 days ago
Submission Deadline
17 Apr 2026Expired
Future Notice Date
Not specified
Award Date
28 Apr 20263 weeks ago
Contract Period
29 May 2026 - 29 May 2027 6-12 months
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
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

ORACLE

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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