Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

03 Mar 2025 at 13:06

Award Notice
Summary of the contracting process

The Bank of England has completed the award stage of its procurement for professional technology services, under the Technology Support Services Framework. This contract, worth £616,624, focuses on information systems or technology strategic review and planning services. The procurement falls within the services industry category and is set to be delivered in London, EC2R 8AH. The contract period spans from 1st November 2024 to 31st October 2025. The procurement method used was selective, specifically a call-off from a framework agreement, concluding its tender period on 25th October 2024.

This tender offers significant opportunities for large technology firms specialising in strategic technology reviews and planning services. By securing contracts like this, such businesses can enhance their portfolio and reputation in the financial services sector, particularly with prominent clients such as the Bank of England. Although SMEs and VCSEs were deemed unsuitable for this particular tender, larger establishments can take advantage of such streamlined framework agreements to expand their market presence and demonstrate their expertise in delivering comprehensive technology support services.

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Notice Information

Notice Title

Professional technology services

Notice Description

Provision of professional technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st Nov and 31st Dec 2024

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cf9d744a-01b4-438c-b8bb-f8b9ac846ced
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3616e230-6365-4e52-a67b-4eb126e00828
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72222000 - Information systems or technology strategic review and planning services

Notice Value(s)

Tender Value
£616,624 £500K-£1M
Lots Value
Not specified
Awards Value
£616,624 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
3 Mar 202511 months ago
Submission Deadline
25 Oct 2024Expired
Future Notice Date
Not specified
Award Date
24 Oct 20241 years ago
Contract Period
1 Nov 2024 - 31 Oct 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
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

CIVICA

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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