Award

Technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

05 Nov 2025 at 14:06

Summary of the contracting process

The Bank of England has completed a public procurement process for the provision of technology services, as part of the Technology Support Services Framework. This contract involves strategic review and planning services related to information systems, classified under CPV code 72222000. Located in England, this selective procurement method was pursued as a call-off from a framework agreement. Key dates include the tendering period end on 15th September 2025 and the contract period from 22nd September to 12th December 2025. The contract, valued at £105,840, was awarded to Credera Limited, marking the procurement stage as the 'Award' with active status being effective from the award date, 22nd September 2025.

This procurement represents a significant opportunity for businesses specialising in technology and strategic IT services to engage with a major financial institution like the Bank of England. Although this particular contract was awarded to Credera Limited, future similar tenders may offer prospects for large-scale companies with robust capabilities in technology planning and systems review to expand their business and establish valuable connections within the financial sector. Engaging in such tenders can position businesses to deliver critical services that support the Bank's strategic objectives, fostering growth and enhancing market presence.

How relevant is this notice?

Notice Information

Notice Title

Technology services

Notice Description

Provision of technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st September and 30th September 2025

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c36e34be-2eef-49ad-8e8c-962a1856d350
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f1224da0-1bfd-49af-b601-c1c7e428440b
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

72222000 - Information systems or technology strategic review and planning services

Notice Value(s)

Tender Value
£105,840 £100K-£500K
Lots Value
Not specified
Awards Value
£105,840 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Nov 20251 months ago
Submission Deadline
15 Sep 2025Expired
Future Notice Date
Not specified
Award Date
21 Sep 20252 months ago
Contract Period
21 Sep 2025 - 12 Dec 2025 1-6 months
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
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

CREDERA

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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