Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

15 Apr 2025 at 12:37

Summary of the contracting process

The Bank of England has awarded a contract for the provision of professional technology services under the Technology Support Services Framework. This contract, valued at £1,112,875, falls within the category of Information systems or technology strategic review and planning services (CPV 72222000). Located in London (postal code EC2R 8AH), this tender was completed via a selective procurement method, specifically a call-off from a framework agreement. The tender period ended on 23rd December 2024, with the contract period running from 1st January 2025 to 15th August 2025.

This tender presents significant opportunities for businesses involved in the technology services sector, particularly those specialising in strategic review and planning services. Large-scale businesses with the capability to meet the comprehensive service requirements set by the Bank of England could benefit from engaging in similar future tenders, gaining critical contracts and fostering substantial business growth. While the current contract has been awarded to Cognizant Worldwide Limited, other proficient businesses operating in the technology services domain may find potential openings in collaborative or subsequent engagements within the framework.

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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 between 1st Jan and 28th Feb 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-de5776f1-b415-44ae-b14b-6e8001d8d7e9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e21c1a1d-39cc-4d8d-9ed9-c97f24b5539a
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
£1,112,875 £1M-£10M
Lots Value
Not specified
Awards Value
£1,112,875 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Apr 202510 months ago
Submission Deadline
23 Dec 2024Expired
Future Notice Date
Not specified
Award Date
1 Jan 20251 years ago
Contract Period
1 Jan 2025 - 15 Aug 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

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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