Award

Services Management

BANK OF ENGLAND

This public procurement record has 3 releases in its history.

Award

21 Mar 2024 at 14:12

Award Notice
TenderAmendment

23 Sep 2022 at 13:57

Tender Notice
Tender

30 Aug 2022 at 08:29

Tender Notice
Summary of the contracting process

The Bank of England has awarded a contract for 'Services Management' through a selective procurement method. The contract, valued at £1,200,000 GBP, will support various benefit services. The tender period ended on November 25, 2022, with a contract period from June 10, 2023, to April 9, 2027, benefiting businesses in the services sector.

Another opportunity available is the 'Employee Benefits 2022' tender, aiming to broker and manage the Bank's benefits package. This active tender has a value of £1,200,000 GBP and a tender period ending on October 11, 2022. The contract period spans from February 2, 2023, to February 1, 2031, providing growth potential for firms specializing in insurance brokerage and agency services within the services sector.

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Notice Information

Notice Title

Services Management

Notice Description

The Bank of England has appointed an administrator to support a variety of services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dc664766-29f3-4e3e-a675-8b92161a5677
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dfc71ffb-69e5-43c1-9426-0591a065922b
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

75 - Administration, defence and social security services

CPV Codes

75310000 - Benefit services

Notice Value(s)

Tender Value
£1,200,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,200,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Mar 20241 years ago
Submission Deadline
25 Nov 2022Expired
Future Notice Date
Not specified
Award Date
12 Jan 20233 years ago
Contract Period
9 Jun 2023 - 9 Apr 2027 3-4 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
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

BENEFEX

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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