Award

Provision of News Aggregation Service

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

AwardUpdate

18 Nov 2022 at 11:15

Award

08 Nov 2022 at 15:06

Summary of the contracting process

The Bank of England has awarded a contract for the Provision of News Aggregation Service to LexisNexis Risk Solutions UK Limited. The procurement process was selective, involving a call-off from a framework agreement. The contract value is £261,360 GBP, with a contract period running from 1st March 2021 to 28th February 2024. The tender deadline was on 24th February 2021. The contract is in the services category and the delivery location is in England, United Kingdom.

This tender presents an opportunity for businesses in the business services industry, particularly those offering law, marketing, consulting, recruitment, printing, or security services. Companies with experience in providing news aggregation services to large enterprises may be well-suited to compete. As the tender was awarded to a large-scale supplier, businesses with the capacity to handle similar scale projects could potentially benefit from participating in future procurement processes by the Bank of England.

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Notice Title

Provision of News Aggregation Service

Notice Description

Full enterprise access for up to 4000 users for Nexis; a news aggregation service.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cfa780c3-dd38-43b0-bebe-7411b79038b0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e8571bec-18ec-4896-b237-2ee63a945ccb
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

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


CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£261,360 £100K-£500K
Lots Value
Not specified
Awards Value
£261,360 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20223 years ago
Submission Deadline
24 Feb 2021Expired
Future Notice Date
Not specified
Award Date
24 Feb 20215 years ago
Contract Period
1 Mar 2021 - 28 Feb 2024 2-3 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

LEXISNEXIS RISK SOLUTIONS

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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