Award

Message Development Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

29 Sep 2023 at 14:33

Award Notice
Summary of the contracting process

The Bank of England has recently awarded a contract for Message Development Services under a four-year single supplier framework to BR-AG P.S.A. The procurement method used was a selective procedure, with a total contract value of £800,000. The contract period is from June 26, 2023, to June 25, 2027. The services to be provided include delivering and maintaining technical artifacts for messaging services like CHAPS and settlement services using ISO 20022, with the tender period ending on December 1, 2022, and the supplier located in Poland.

This tender presents an opportunity for businesses specialising in IT services such as consulting, software development, and Internet support to collaborate with the Bank of England. The contract, suited for SMEs, aims to enhance real-time gross settlement messaging services using ISO 20022. Businesses interested in providing messaging services or technical artefacts for payment services in England would find this tender suitable, given the Bank's focus on current and future payment messaging services.

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Notice Information

Notice Title

Message Development Services

Notice Description

The Bank has identified a suitable supplier to provide resource and expertise to help deliver the renewed real time gross settlement (RTGS) messaging services. This will enable the Bank to deliver current and future payment messaging services using ISO 20022. The services include delivery and maintenance of technical artefacts (e.g. ISO 20022 XML messages) for messaging services such as CHAPS, settlement services, and reserves account services. The contract is awarded to BR-AG for a four-year single supplier framework.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d1882870-f5f3-4346-94d8-32bbfc58a4ac
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2425b0a8-9c3f-46c7-bbf5-c5be243471a5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME
Awardee Scale
SME

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
£800,000 £500K-£1M
Lots Value
Not specified
Awards Value
£800,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
29 Sep 20232 years ago
Submission Deadline
1 Dec 2022Expired
Future Notice Date
Not specified
Award Date
25 Jun 20232 years ago
Contract Period
25 Jun 2023 - 25 Jun 2027 4-5 years
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
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

BR-AG P.S.A

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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