Award

Legal Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

25 Sep 2024 at 15:43

Summary of the contracting process

The Bank of England has completed a procurement process for the provision of legal services, awarding the contract to Ashurst LLP. The tender, titled "Legal Services", falls under the industry category of Legal services (CPV 79100000) and covers the delivery location in England, United Kingdom. The procurement was conducted using a competitive quotation method (below threshold) and was targeted towards small and medium-sized enterprises (SMEs). The procurement process started with the end of the tender period on 23 January 2023 and the contract period spanned from 30 January 2023 to 30 June 2023. The awarded contract was valued at £48,000 GBP and the award status was set as active on 26 January 2023.

This tender presents a significant opportunity for businesses specialising in legal services to expand their client base by engaging with prestigious organisations such as the Bank of England. Given the procurement method used, small and medium-sized enterprises (SMEs) are particularly well-suited to compete in such tenders, allowing them to build credibility and gain valuable experience in the public sector. Legal services firms capable of providing high-quality, reliable services efficiently, stand to benefit greatly from such opportunities, opening doors for future contracts and collaborations.

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Notice Title

Legal Services

Notice Description

Provision of Legal services.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e75f1750-8b36-4f2f-b13b-6beeefd2440a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/577d392b-e8b7-4b5b-a425-0e1de6765cbe
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

79100000 - Legal services

Notice Value(s)

Tender Value
£48,000 Under £100K
Lots Value
Not specified
Awards Value
£48,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Sep 20241 years ago
Submission Deadline
23 Jan 2023Expired
Future Notice Date
Not specified
Award Date
26 Jan 20233 years ago
Contract Period
30 Jan 2023 - 30 Jun 2023 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
Not specified
Contact Email
corporate.contracts@bankofengland.co.uk
Contact Phone
Not specified

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

ASHURST

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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