Award

Software Licence Renewal

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

AwardUpdate

13 Jan 2025 at 17:03

Award

20 Nov 2024 at 11:58

Summary of the contracting process

The Bank of England has completed the procurement process for the renewal of a software licence, specifically for document creation software, classified under CPV code 48310000. The project is set within the services industry category and orchestrated through a selective procurement method, specifically a call-off from a framework agreement. The delivery of services will be in England, United Kingdom, with the contract period starting from 1 October 2024 and ending on 1 October 2025. The tender period concluded on 18 September 2024, and an award notice was published on 20 November 2024, following the award on 20 September 2024. The total contract value is £124,912.80.

This tender presents significant business growth opportunities, particularly for large enterprises capable of providing substantial scale software solutions, as evidenced by the successful bid from Softcat PLC. The focus on document creation software suggests opportunities for firms specialising in business productivity and software licensing services. Therefore, large-scale software firms with robust frameworks for rapid deployment and renewal can leverage such opportunities to establish or strengthen their market presence through government contracts.

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Notice Title

Software Licence Renewal

Notice Description

Software Licence Renewal

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-be672d2c-8e7e-42d1-aea0-6c6fe1a869b9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/faaaaa28-a2ef-4a04-8688-bff88cc79be9
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

48 - Software package and information systems


CPV Codes

48310000 - Document creation software package

Notice Value(s)

Tender Value
£124,912 £100K-£500K
Lots Value
Not specified
Awards Value
£124,912 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jan 20251 years ago
Submission Deadline
18 Sep 2024Expired
Future Notice Date
Not specified
Award Date
19 Sep 20241 years ago
Contract Period
30 Sep 2024 - 1 Oct 2025 1-2 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
Technology Procurement Team
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
Not specified

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)

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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