Award

Advisory Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

13 Nov 2024 at 15:48

Award Notice
Summary of the contracting process

The Bank of England has concluded a procurement process for advisory services within the business services category, including law, marketing, consulting, recruitment, printing, and security. This procurement, following a call-off from a framework agreement using a selective method, has reached the award stage and is now complete. The Bank of England, headquartered in London, awarded the contract to The Berkeley Partnership LLP, with the contract period starting from 22nd January 2024 and ending on 21st January 2025. The procurement process included a tender period that ended on 10th November 2023, with the award being published on 13th November 2024. The contract value is set at £460,260.

This tender presents significant growth opportunities for businesses specialising in consultancy and legal advisory services. SMEs are particularly well-suited to participate in such tenders, given the nature of the selective procurement process and the classification under business services. Companies with expertise in strategic consulting and advisory roles can benefit greatly by securing such contracts, enhancing their portfolio, and establishing a relationship with a high-profile client like the Bank of England. The procurement process welcomes qualified small and medium enterprises to showcase their capabilities and gain substantial contracts in a competitive industry.

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Notice Information

Notice Title

Advisory Services

Notice Description

Advisory services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d73021ec-5992-4068-99a0-ce6b140a4469
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d6a6f442-226c-4826-ad45-22938e5fea89
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

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

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£460,260 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Nov 20241 years ago
Submission Deadline
10 Nov 2023Expired
Future Notice Date
Not specified
Award Date
2 Jan 20242 years ago
Contract Period
22 Jan 2024 - 21 Jan 2025 1-2 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
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

THE BERKELEY PARTNERSHIP

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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