Award

Support Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

01 Apr 2025 at 13:50

Summary of the contracting process

The Bank of England has completed a public procurement process for the provision of advisory services titled "Support Services" under the miscellaneous business-related services category. The procurement process, identified by the code CON/1001612, utilised a direct procurement method, specifically a single tender action below threshold. This process culminated in the award stage, with the contract awarded to PA Consulting Services Ltd. The contract value is £126,289, and the contract period is from 29 July 2024 to 7 October 2024. This opportunity was limited to the region of England in the United Kingdom.

This tender presents significant business growth opportunities, particularly for advisory service providers, especially small and medium-sized enterprises (SMEs). The nature of the services involves delivering specialised advisory services, which could contribute to the awarded company's portfolio and industry reputation. The contract's relatively short duration and the direct procurement method highlight a streamlined opportunity for qualified businesses to secure additional government contracts and foster long-term partnerships with prestigious institutions like the Bank of England.

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Notice Title

Support Services

Notice Description

To provide advisory services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e84a1f65-eb75-4a6b-82ce-7e52dcc4c4f9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/59c359a1-73ea-44ee-9abe-b119f2cbade4
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (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

79990000 - Miscellaneous business-related services

Notice Value(s)

Tender Value
£126,289 £100K-£500K
Lots Value
Not specified
Awards Value
£126,289 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Apr 202510 months ago
Submission Deadline
19 Jul 2024Expired
Future Notice Date
Not specified
Award Date
19 Aug 20241 years ago
Contract Period
28 Jul 2024 - 7 Oct 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
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

PA CONSULTING SERVICES

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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