Award

Advisory Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

19 Feb 2025 at 11:58

Summary of the contracting process

The Bank of England, located in London, has awarded a contract for advisory services related to MBPR under the title "Advisory Services." This procurement falls under the Business and Management Consultancy and related services category (CPV 79400000). The contract, valued at £119,850, followed a selective procurement method through a call-off from a framework agreement. The procurement process, now in the Award stage, saw its tender period close on 1st February 2024. The contract runs from 1st March 2024 to 31st May 2024, with services to be delivered in England, United Kingdom.

This tender presents significant opportunities for business growth, particularly for small and medium-sized enterprises (SMEs) with expertise in consultancy services. The Berkeley Partnership LLP, an SME based on Farringdon Street, has been successfully awarded this contract. Businesses well-suited to compete in similar tenders offer specialised advisory services, have previous experience with public contracts, and can meet the strategic needs of high-profile financial institutions like the Bank of England. This procurement method allows SMEs to leverage framework agreements to secure substantial contracts and enhance their market presence.

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Notice Title

Advisory Services

Notice Description

Advisory services for MBPR

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d3606636-2a81-4c17-99ae-6023e11cbaae
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f9dad4df-188d-4826-b108-9f0094038702
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
SME

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

Notice Value(s)

Tender Value
£119,850 £100K-£500K
Lots Value
Not specified
Awards Value
£119,850 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Feb 20251 years ago
Submission Deadline
1 Feb 2024Expired
Future Notice Date
Not specified
Award Date
1 Feb 20242 years ago
Contract Period
1 Mar 2024 - 31 May 2024 1-6 months
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

THE BERKELEY PARTNERSHIP

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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