Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

25 Mar 2025 at 16:22

Summary of the contracting process

The Bank of England has awarded a contract for professional technology services to ITC Infotech Limited, covering information systems or technology strategic review and planning services. The contract, valued at £144,410, will be conducted at the Bank's location in London (EC2R 8AH). The procurement process was executed through a selective method under the Technology Support Services Framework, starting on 16th September 2024 and concluding on 14th March 2025. The award notice was published on 25th March 2025.

This contract presents significant opportunities for businesses within the technology services sector, particularly those capable of offering strategic review and planning services. Companies already aligned with framework agreements or possessing a robust track record in delivering comprehensive technology consultations would find this contract beneficial. It highlights the potential for large-scale service providers to engage with high-profile financial institutions, thereby expanding their market presence and fostering ongoing business growth.

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Notice Title

Professional technology services

Notice Description

Provision of professional technology services. Awarded under Technology Support Services Framework. For statements of work awarded in 2024 between 1st Sept and 30th Sept.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d8ba26b5-410a-4857-afa1-1010508563c5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7e8ac41c-7ec5-40d7-a241-8ed1ee3fed49
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
£144,410 £100K-£500K
Lots Value
Not specified
Awards Value
£144,410 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Mar 202511 months ago
Submission Deadline
9 Sep 2024Expired
Future Notice Date
Not specified
Award Date
15 Sep 20241 years ago
Contract Period
15 Sep 2024 - 14 Mar 2025 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
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

ITC INFOTECH

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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