Award

Technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

02 Oct 2025 at 14:42

Summary of the contracting process

The public procurement process facilitated by the Bank of England has culminated in the awarding of a contract for "Technology services" under the Technology Support Services Framework. This procurement falls within the industry category for information systems or technology strategic review and planning services, specifically classified under CPV 72222000. The entire process takes place within England, United Kingdom, with the procurement method designated as selective, involving a call-off from a framework agreement. The tender stage is complete, with the contract period starting on 14th August 2025 and concluding on 30th September 2025. The tendering process had its end date on 7th August 2025, and the total contract value awarded amounts to £33,825, paid in GBP. The supplier identified for this contract is Version 1 Solutions Limited, a large-scale enterprise based in Birmingham, England.

This tender presents substantial growth opportunities for businesses specialising in technology services, primarily those proficient in strategic planning and review of information systems. Companies that are capable of engaging in framework agreements, particularly those with experience in selective procurement processes, would find this tender advantageous. Although the contract was awarded to a large enterprise, businesses of similar scale and capability in delivering strategic technology services should seek to explore future tenders under similar frameworks. Engaging with established frameworks like the one used by the Bank of England can open avenues for networking, collaboration, and long-term contractual relationships, thereby aiding in business expansion and market presence within the financial and strategic technology sectors.

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Notice Title

Technology services

Notice Description

Provision of technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st August and 31st August 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d4507af3-b646-44e9-bb58-c79caa6a0caa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/42ef6345-bd32-4aa9-a6db-5c5b6da46793
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
£33,825 Under £100K
Lots Value
Not specified
Awards Value
£33,825 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Oct 20254 months ago
Submission Deadline
7 Aug 2025Expired
Future Notice Date
Not specified
Award Date
13 Aug 20256 months ago
Contract Period
13 Aug 2025 - 30 Sep 2025 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

VERSION 1 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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