Award

Professional Technology Services Award

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

20 Mar 2025 at 09:28

Summary of the contracting process

The Bank of England has awarded a contract titled "Professional Technology Services Award" under the industry category IT services, consulting, software development, Internet, and support (CPV code 72000000). The procurement process was completed in 2025, with the contract period spanning from 3rd March 2025 to 3rd July 2025. Located in England, the procurement method employed was a call-off from a framework agreement, categorised under a selective procurement process. Key dates include the tender period ending on 8th January 2025 and the award being published on 20th March 2025. The awarded contract is valued at GBP 155,440.

This tender presents significant business growth opportunities, especially for SMEs, given that the awarded supplier is Airwalk Consulting Reply Ltd, an SME based in London. Businesses operating within the professional technology services sector, especially those specialising in IT consulting and software development, are well-suited to compete for similar tenders. Companies that can demonstrate expertise in delivering technology services on a structured and reliable basis would benefit by positioning themselves for future opportunities with large and prestigious organisations like the Bank of England.

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Notice Title

Professional Technology Services Award

Notice Description

Provision of professional Technology Services - 4+1 month term

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d7ecb3eb-02de-455f-bfe8-834836907122
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/71d53432-e343-4c74-82dc-4dffb565e7b4
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

72 - IT services: consulting, software development, Internet and support


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£155,440 £100K-£500K
Lots Value
Not specified
Awards Value
£155,440 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Mar 202511 months ago
Submission Deadline
8 Jan 2025Expired
Future Notice Date
Not specified
Award Date
22 Jan 20251 years ago
Contract Period
3 Mar 2025 - 3 Jul 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

AIRWALK CONSULTING REPLY

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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