Award

Technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

18 Sep 2025 at 15:57

Summary of the contracting process

The recent procurement process, conducted by the Bank of England, focused on securing technology services under the Technology Support Services Framework. With the procurement classified under 'Information systems or technology strategic review and planning services' (CPV: 72222000), the tender was set within the region of England, United Kingdom. The process was concluded on 24th June 2025, and the contract will span from 1st July to 31st December 2025. This selective procurement was executed as a call-off from a framework agreement, with the total contract value amounting to £567,525. The tender stage is now complete, with Cognizant Worldwide Limited being awarded the contract.

This tender presents robust opportunities for businesses looking to expand in the technology services market, particularly those capable of delivering strategic IT planning services. While small and medium enterprises (SMEs) or voluntary, community and social enterprises (VCSEs) were not specifically targeted in this procurement, larger companies like Cognizant Worldwide Limited exemplify the kind of business suited to such significant, framework-based contracts. This project will allow technology-focused firms to demonstrate their capacity in delivering comprehensive technology support and planning services, potentially leading to further collaborations or expanded service offerings with the Bank of England.

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Notice Title

Technology services

Notice Description

Provision of technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st July and 31st July 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e7c22d8d-6954-445d-bcb6-7e27ff1c9ed5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f6c4f1ca-403f-44a4-bdc3-3717f4b15d36
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
£567,525 £500K-£1M
Lots Value
Not specified
Awards Value
£567,525 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Sep 20255 months ago
Submission Deadline
24 Jun 2025Expired
Future Notice Date
Not specified
Award Date
30 Jun 20257 months ago
Contract Period
30 Jun 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

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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