Award

UPS Replacement

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

14 Oct 2020 at 12:10

Award Notice
Summary of the contracting process

The procurement process involves the Bank of England, which is seeking a contractor for their "UPS Replacement" project, focusing on installation services for machinery and equipment. This tender is classified within the goods category and is located in London (EC2R 8AH). The procurement was initiated as a tender and has reached the award stage, with the contract value set at £23,150 GBP. The tender period concluded on 1st September 2020, and the contract is expected to commence on 3rd September 2020, lasting until 12th November 2020.

This procurement opportunity presents significant potential for small and medium-sized enterprises (SMEs) specialising in machinery installation and maintenance. Companies with expertise in providing on-site services, particularly those familiar with the requirements of financial institutions or similar environments, would be well-positioned to compete. The awarded contract to Metartec highlights a successful entry for SMEs in the sector, demonstrating an opening for further businesses to engage with public procurement within similar projects.

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Notice Information

Notice Title

UPS Replacement

Notice Description

The Contractor shall provide a replacement service of existing UPS that have come to end of life. It is anticipated that the Contractor will provide services on-site at the Bank (Threadneedle Street, London EC2R 8AH).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c71699b1-5dde-4f93-b92d-cb30ff98d253
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/346dbbc0-e866-4ecb-bc42-16741dec5710
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

51 - Installation services (except software)

CPV Codes

51500000 - Installation services of machinery and equipment

Notice Value(s)

Tender Value
£23,150 Under £100K
Lots Value
Not specified
Awards Value
£23,150 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Oct 20205 years ago
Submission Deadline
1 Sep 2020Expired
Future Notice Date
Not specified
Award Date
1 Sep 20205 years ago
Contract Period
2 Sep 2020 - 12 Nov 2020 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
FM Contracts
Contact Email
fm.contracts@bankofengland.co.uk
Contact Phone
+44 2034613000

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

METARTEC

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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