Award

Technology Discovery Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

09 Dec 2024 at 17:10

Summary of the contracting process

The Bank of England has completed a procurement process for Technology Discovery Services, focusing on the provision of discovery support and optional technical/software support for Coda. This contract falls under the industry category of systems and technical consultancy services (CPV code 72220000). The procurement was conducted through a direct procurement method, specifically a single tender action below threshold. The awarded tender, valued at £68,050, will be executed within England, United Kingdom, over a period beginning on 19 November 2024 and concluding on 14 November 2025. The initial tender period ended on 10 November 2024.

This tender presents considerable opportunities for small and medium-sized enterprises (SMEs) specialising in technology and consultancy services to expand their business footprints. The awarded contract, granted to Millennium Business Technology Limited, offers a significant value and scope for service provision. This type of procurement is ideal for businesses with expertise in systems and technical consultancy, particularly those able to provide robust technology support and software solutions. Engaging in such contracts can lead to enhanced market reputation and further business opportunities with prominent institutions like the Bank of England.

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Notice Title

Technology Discovery Services

Notice Description

Provision of discovery support and optional technical/software support for Coda

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c122786f-e8be-4fd0-a81b-fb385026880c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/914c3fe9-2574-4e6b-812f-4644d59e00e2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72220000 - Systems and technical consultancy services

Notice Value(s)

Tender Value
£68,050 Under £100K
Lots Value
Not specified
Awards Value
£68,050 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Dec 20241 years ago
Submission Deadline
10 Nov 2024Expired
Future Notice Date
Not specified
Award Date
19 Nov 20241 years ago
Contract Period
19 Nov 2024 - 14 Nov 2025 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
Technology Procurement Team
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
020 3461 4878

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

MILLENNIUM BUSINESS TECHNOLOGY

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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