Award

Advisory services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

12 Nov 2024 at 15:43

Summary of the contracting process

The Bank of England has awarded a contract for advisory services related to Banknote operations. The procurement process, classified under the business and management consultancy services industry category, was conducted using a limited procurement method below the competitive quotation threshold. The procurement process is now in the award stage, with the contract awarded to Efficio Ltd. The advisory services are to be delivered in England, United Kingdom, with the contract period running from 1st July 2024 to 30th September 2024. The total contract value is £167,518.

This tender represents a significant opportunity for businesses specialising in consultancy and advisory services, particularly those catering to financial and governmental sectors. Small and medium-sized enterprises (SMEs) are well-suited to compete for such contracts due to their flexibility and specialised knowledge. Engaging in this contract can help businesses expand their portfolio, increase industry experience, and enhance their reputation by working with a prestigious institution like the Bank of England.

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Notice Title

Advisory services

Notice Description

Advisory services to Banknote operations

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e572ffe6-dc0e-46e5-a988-303a32854422
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/323cefd0-5d0f-4e74-8ac2-76785833c3c9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£167,518 £100K-£500K
Lots Value
Not specified
Awards Value
£167,518 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Nov 20241 years ago
Submission Deadline
3 Jun 2024Expired
Future Notice Date
Not specified
Award Date
26 Jun 20241 years ago
Contract Period
30 Jun 2024 - 30 Sep 2024 1-6 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
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

EFFICIO

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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