Award

Tech Review

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

29 Apr 2022 at 10:53

Award Notice
Summary of the contracting process

The Bank of England is seeking expertise for a contract titled "Tech Review," aimed at enhancing its digital strategy. The procurement falls under the business and management consultancy sector, specifically focused on areas such as digital innovation and organisational impact. This tender is currently in the Award stage, with the contract period set to commence on 5th April 2022 and concluding on 4th April 2023. The tender was formally ended on 21st February 2022, with a total value of £100,000.

This opportunity presents significant growth potential for large consultancy firms with a strong background in digital transformation and strategy development. Businesses that excel in general management consultancy services and possess a comprehensive understanding of digital innovation frameworks will be well-positioned to compete. Given the involvement of a high-profile organisation like the Bank of England, successful bidders can also leverage this contract for further visibility and credibility in the market.

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Notice Information

Notice Title

Tech Review

Notice Description

In devising a digital strategy, the Bank requires input on the following aspects: Comprehensive review of the Bank's approach to digital innovation and provision including skills, organisational structure, size and impact, benchmarking as necessary

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d1ef4fbc-6078-4cbf-b3eb-8ebc331d0a82
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/48d4b5b4-c35a-40fb-9942-d4961cfdfd81
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
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

79400000 - Business and management consultancy and related services

79410000 - Business and management consultancy services

79411000 - General management consultancy services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
29 Apr 20223 years ago
Submission Deadline
21 Feb 2022Expired
Future Notice Date
Not specified
Award Date
28 Apr 20223 years ago
Contract Period
4 Apr 2022 - 4 Apr 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
TONY MORRIS
Contact Email
tony.morris@bankofengland.co.uk
Contact Phone
02034614606

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

OLIVER WYMAN

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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