Award

Expense management tool services

BANK OF ENGLAND

This public procurement record has 4 releases in its history.

AwardUpdate

16 Nov 2023 at 15:57

Award Notice
Award

15 Nov 2023 at 14:38

Award Notice
AwardUpdate

12 Apr 2023 at 12:20

Award Notice
Award

12 Apr 2023 at 12:19

Award Notice
Summary of the contracting process

The Bank of England has awarded a £40,000 contract for Expense Management Tool services through a Single Tender Action (below threshold) procurement method. The contract, which started on September 24, 2022, and ends on September 23, 2023, was awarded to VISA Europe Limited. The tender period ended on September 23, 2022, and the contract is in the active stage.

This procurement process by the Bank of England presents business growth opportunities for companies providing Software Package and Information Systems. Small and medium-sized enterprises (SMEs) are particularly well-suited to compete in this tender. The main procurement category is services, and the contract is valued at £40,000 GBP in British pounds. The location of delivery is in England, United Kingdom.

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Notice Information

Notice Title

Expense management tool services

Notice Description

Provision of expense management tool services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ceabe6cc-2a65-4d9b-b874-2f6c319748c1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4863fece-711d-4033-b233-d34dbe7dbacd
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

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£40,000 Under £100K
Lots Value
Not specified
Awards Value
£40,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Nov 20232 years ago
Submission Deadline
23 Sep 2022Expired
Future Notice Date
Not specified
Award Date
23 Sep 20223 years ago
Contract Period
23 Sep 2022 - 23 Sep 2023 6-12 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
Jason Cheung
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
Not specified

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
2
Supplier Names

VISA EUROPE

VISA EUROPE 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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