Award

Data Platform Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

22 Oct 2024 at 17:31

Award Notice
Summary of the contracting process

The Bank of England has completed the procurement process for the provision of Data Platform Services, classified under IT services: consulting, software development, Internet and support (CPV 72000000). The awarded contract, valued at £920,013.60, covers the period from 16 July 2024 to 6 March 2025 and will be delivered in London, United Kingdom. This selective procurement process was a call-off from a framework agreement and has reached the award stage, with the official award date being 3 July 2024. The tender period concluded on 4 June 2024.

This tender presents significant opportunities for businesses specialising in IT services, particularly those experienced in data platforms. Small and medium-sized enterprises (SMEs) would find this contract especially suitable due to the specified suitability criteria. The awarded contract to Version 1 Solutions Limited, a large-scale organisation, highlights the potential for robust partnerships and business growth within the IT consultancy and support industry. Companies aiming to expand their footprint in government contracts should consider similar opportunities in future procurement processes.

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Notice Information

Notice Title

Data Platform Services

Notice Description

Provision of Data Platform services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cf731045-533c-472f-81c4-f93d017d7573
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3cd01923-031b-44d6-945b-064817434f78
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£920,013 £500K-£1M
Lots Value
Not specified
Awards Value
£920,013 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Oct 20241 years ago
Submission Deadline
4 Jun 2024Expired
Future Notice Date
Not specified
Award Date
2 Jul 20241 years ago
Contract Period
15 Jul 2024 - 6 Mar 2025 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
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
TLI London
Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

VERSION 1 SOLUTIONS

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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