Award

Technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

20 Jan 2026 at 13:09

Summary of the contracting process

The procurement process, led by the Bank of England, sought to award a contract for the provision of technology services under the Technology Support Services Framework. This procurement, classified under the industry category of Information systems or technology strategic review and planning services (CPV 72222000), took place in England, United Kingdom. The process has reached the award stage, with significant dates including the contract period from 1st November 2025 to 31st December 2025, and the award notice published on 20th January 2026. The procurement method utilised was selective, specifically a call-off from a framework agreement, with a contract value of £61,950 GBP.

This tender provides growth opportunities for businesses, particularly those involved in the technology services industry, given its strategic relevance for the technology market. Although the process is complete and has been awarded to Cognizant Worldwide Limited, businesses operating at a large scale may look for similar forthcoming opportunities with the Bank of England. The tender’s structured approach through a framework agreement highlights the importance of being part of such agreements for businesses aiming to secure similar public sector contracts in the future.

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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 Q3/Q4 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d788702c-62c1-4a8a-82f1-e4352bcb1154
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/54a9d635-a2af-4450-b5e5-9d539634dd4b
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
£61,950 Under £100K
Lots Value
Not specified
Awards Value
£61,950 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jan 20261 months ago
Submission Deadline
20 Oct 2025Expired
Future Notice Date
Not specified
Award Date
1 Nov 20253 months ago
Contract Period
1 Nov 2025 - 31 Dec 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
Technology Procurement Team
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
Not specified

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

COGNIZANT WORLDWIDE

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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