Award

Provision of Varigence licences including support and maintenance

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

27 Oct 2025 at 14:40

Summary of the contracting process

The Bank of England has completed a public procurement process for the "Provision of Varigence licences including support and maintenance." This contract falls under the industry category of Software package and information systems and is valued at £61,693.03. The procurement process used a selective method, specifically a call-off from a framework agreement, and is tagged under the 'award' stage as of 27 October 2025. The procurement covers services within the United Kingdom, particularly in England, and spans a contract period from 12 August 2025 to 12 August 2027. The contract was awarded to Softcat PLC on 11 July 2025, following the tender period closure on 9 July 2025.

This tender offers growth opportunities for businesses that operate in the IT and software sectors, particularly those experienced in providing licensed software support and maintenance. While large businesses like Softcat PLC are noted suppliers under this contract, it suggests potential for similar large-scale IT firms to engage in such specialised procurements. Companies looking to expand their footprint in providing technology solutions to prominent financial institutions can find this tender particularly advantageous, given the established engagement with the Bank of England.

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Notice Title

Provision of Varigence licences including support and maintenance

Notice Description

Provision of Varigence licences including support and maintenance

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e260622b-5309-4ade-a16e-6be44af3dcb2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1372877b-17ae-4d4b-8e12-5d5cf6fee062
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

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£61,693 Under £100K
Lots Value
Not specified
Awards Value
£61,693 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Oct 20255 months ago
Submission Deadline
9 Jul 2025Expired
Future Notice Date
Not specified
Award Date
10 Jul 20259 months ago
Contract Period
11 Aug 2025 - 12 Aug 2027 2-3 years
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

SOFTCAT

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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