Award

Technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

04 Dec 2025 at 15:16

Summary of the contracting process

The Bank of England has completed the procurement process for technology services under the Technology Support Services Framework. The procurement, classified under information systems or technology strategic review and planning services, involved a selective tender process with a call-off from a framework agreement. Initially commencing on 1st October 2025, the contract period is set to conclude on 31st March 2026. The process, now in the award stage as of 4th December 2025, has been valued at £558,440 and is focused within England.

This tender offers significant business growth opportunities for firms specialising in technology strategic planning services. Large-scale enterprises, particularly those with established frameworks in delivering technology solutions, such as Version 1 Solutions Limited, which was awarded the contract, would be well-suited to compete in similar procurement processes. Though the current procurement process is completed, similar tenders in this industry category by prominent institutions like the Bank of England can present further lucrative opportunities for technology service providers.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Technology services

Notice Description

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

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d7e51020-ebcb-47d5-b8fe-197b73f55d5f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c99f400e-c4a4-4a57-9be8-0a064ccb30b4
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
£558,440 £500K-£1M
Lots Value
Not specified
Awards Value
£558,440 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Dec 20252 months ago
Submission Deadline
22 Sep 2025Expired
Future Notice Date
Not specified
Award Date
30 Sep 20254 months ago
Contract Period
30 Sep 2025 - 31 Mar 2026 6-12 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
020 3461 4878

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)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-d7e51020-ebcb-47d5-b8fe-197b73f55d5f-2025-12-04T15:16:49Z",
    "date": "2025-12-04T15:16:49Z",
    "ocid": "ocds-b5fd17-d7e51020-ebcb-47d5-b8fe-197b73f55d5f",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON/1001310 - 80",
        "title": "Technology services",
        "description": "Provision of technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st October and 31st October 2025",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "72222000",
            "description": "Information systems or technology strategic review and planning services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "England",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 558440,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2025-09-22T17:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2025-10-01T00:00:00+01:00",
            "endDate": "2026-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
            "name": "BANK OF ENGLAND",
            "identifier": {
                "legalName": "BANK OF ENGLAND",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/9yt6Qa35"
            },
            "address": {
                "streetAddress": "Threadneedle Street",
                "locality": "LONDON",
                "postalCode": "EC2R8AH",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Technology Procurement Team",
                "email": "Technology.contracts@bankofengland.co.uk",
                "telephone": "020 3461 4878"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-03438874",
            "name": "Version 1 Solutions Limited",
            "identifier": {
                "legalName": "Version 1 Solutions Limited",
                "scheme": "GB-COH",
                "id": "03438874"
            },
            "address": {
                "streetAddress": "Suite 3D&E, Third Floor, 31 Temple Street, Birmingham, England, B2 5DB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
        "name": "BANK OF ENGLAND"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-d7e51020-ebcb-47d5-b8fe-197b73f55d5f-1",
            "status": "active",
            "date": "2025-10-01T00:00:00+01:00",
            "datePublished": "2025-12-04T15:16:49Z",
            "value": {
                "amount": 558440,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-03438874",
                    "name": "Version 1 Solutions Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2025-10-01T00:00:00+01:00",
                "endDate": "2026-03-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/c99f400e-c4a4-4a57-9be8-0a064ccb30b4",
                    "datePublished": "2025-12-04T15:16:49Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}