Award

Security Vetting & Overseas Checks (MHG)

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

16 Aug 2023 at 11:42

Summary of the contracting process

The BANK OF ENGLAND has completed a procurement process for Security Vetting & Overseas Checks (MHG) within the security services industry. The procurement method used was direct, specifically a Single tender action (below threshold). The tender period ended on February 20, 2023, with a contract period from April 10, 2023, to October 9, 2024. This opportunity was for services to be delivered in England, United Kingdom.

This tender by the BANK OF ENGLAND is suited for small and medium-sized enterprises (SMEs) looking to provide overseas security vetting checks. Businesses in the security services industry, particularly those with expertise in security vetting, would find this opportunity well-suited for growth. The awarded contract, valued at £400,000 GBP, was given to MHG Corporate Risk Services Ltd, signifying a potential area for business expansion for similar entities.

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Notice Title

Security Vetting & Overseas Checks (MHG)

Notice Description

The service is for the provision of overseas security vetting checks for all individuals who intend to work at the Bank.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c98ccd38-f30f-49dc-955f-95d955886686
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fb2dbe42-b9ca-41f4-a1a9-e31a272e86af
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

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79710000 - Security services

Notice Value(s)

Tender Value
£400,000 £100K-£500K
Lots Value
Not specified
Awards Value
£400,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Aug 20232 years ago
Submission Deadline
20 Feb 2023Expired
Future Notice Date
Not specified
Award Date
20 Feb 20233 years ago
Contract Period
9 Apr 2023 - 9 Oct 2024 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
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

MHG CORPORATE RISK SERVICES

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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