Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

09 Jul 2025 at 14:48

Summary of the contracting process

The procurement process for 'Professional Technology Services' was conducted by the Bank of England. This procurement, classified under the industry category for information systems or technology strategic review, was a call-off from the Technology Support Services Framework. The process focused on services to be delivered within England, United Kingdom. The tender stage concluded on 24th April 2025, with the subsequent contracting period set from 1st May 2025 to 31st December 2025. The awarded contract value is £880,590, with Telstra UK Limited as the successful supplier.

This tender presents significant opportunities for large-scale technology firms specialising in strategic planning and review of information systems. The selective procurement method and the framework agreement suggest that businesses with prior experience in working with frameworks and those capable of strategic technology service delivery would find this opportunity well-suited. Moreover, as the buyer is the esteemed Bank of England, associations formed here could bolster a company's credentials, potentially leading to further business growth and opportunities within the financial sector.

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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 May and 31st May 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e20a949b-52c5-4552-acf2-1fe649470f1e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dbe8dd1b-1895-4a8f-8228-846a6167fa9d
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
£880,590 £500K-£1M
Lots Value
Not specified
Awards Value
£880,590 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Jul 20257 months ago
Submission Deadline
24 Apr 2025Expired
Future Notice Date
Not specified
Award Date
30 Apr 20259 months ago
Contract Period
30 Apr 2025 - 31 Dec 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
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

TELSTRA

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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