Award

Advisory services for Bank Reference Data extract with Legal Entity Identifiers (LEIs)

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

13 Jan 2025 at 14:38

Summary of the contracting process

The Bank of England has awarded a contract for advisory services related to the provision of Bank Reference Data extract with Legal Entity Identifiers (LEIs) to Pay UK. This contract falls under the financial consultancy, financial transaction processing, and clearing-house services category (CPV: 66170000). The contract, valued at £277,000, will run from 31st January 2025 to 31st July 2025 in England, United Kingdom. The procurement process was conducted through a single tender action, and the award stage was completed with the decision published on 13th January 2025.

This tender offers significant growth opportunities for businesses experienced in financial consultancy and data services. Large companies with expertise in financial transaction processing, especially those proficient in handling legal entity identifiers, will be well-suited to compete for similar contracts. The Bank of England’s requirement for such specialised advisory services could also signal recurrent opportunities in this high-value sector, encouraging further participation from established entities in the financial consultancy industry.

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Notice Title

Advisory services for Bank Reference Data extract with Legal Entity Identifiers (LEIs)

Notice Description

Advisory services for provision of Bank Reference Data extract with Legal Entity Identifiers (LEIs).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cae28aba-6bf0-4d1d-a24b-d87743402272
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2808bd8d-0ec6-41a1-959c-c23479e2a38f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Single tender action
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£277,000 £100K-£500K
Lots Value
Not specified
Awards Value
£277,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jan 20251 years ago
Submission Deadline
5 Dec 2024Expired
Future Notice Date
Not specified
Award Date
12 Dec 20241 years ago
Contract Period
31 Jan 2025 - 31 Jul 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
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

PAY

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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