Award

Apprenticeship Delivery Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

13 Mar 2025 at 16:27

Summary of the contracting process

The Bank of England has awarded a contract for the provision of Apprenticeship Delivery Services to BPP Professional Education Limited. The procurement falls under the Education and training services category and is located in England, United Kingdom. The contract, valued at £720,000, will run from 13 January 2025 to 12 July 2030, with an optional extension of 18 months. The procurement was conducted using a selective method, specifically a call-off from a dynamic purchasing system, and reached the award stage on 15 January 2025.

This tender presents significant opportunities for business growth, especially for SMEs proficient in delivering apprenticeship services. It allows businesses to engage with a major institution like the Bank of England, leveraging the apprenticeship levy for compensation. The contract's extensive duration provides a stable and continuous engagement, conducive to substantial planning and long-term growth strategies. Companies focused on educational training and development, particularly those with experience in apprenticeship programmes, would find this contract a lucrative and strategic business opportunity.

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Notice Title

Apprenticeship Delivery Services

Notice Description

To provide Apprenticeship Delivery Services. The length of the contract is set out as 4 years + optional 18 months. This maximum contract value is awarded on a no commitment basis and is payable via the Bank's apprenticeship levy (the Bank is not invoiced directly for these services).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bf6b566c-6c83-48f7-8155-529969674f57
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/00407547-0f87-4b5c-ad84-ac9221e56e0a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services


CPV Codes

80000000 - Education and training services

Notice Value(s)

Tender Value
£720,000 £500K-£1M
Lots Value
Not specified
Awards Value
£720,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
13 Mar 202511 months ago
Submission Deadline
24 Jun 2024Expired
Future Notice Date
Not specified
Award Date
15 Jan 20251 years ago
Contract Period
13 Jan 2025 - 12 Jul 2030 Over 5 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

BPP PROFESSIONAL EDUCATION

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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