Award

Employee services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

04 Aug 2025 at 15:16

Award Notice
Summary of the contracting process

The Bank of England recently concluded a public procurement process titled "Employee services," classified under the guidance services industry category. The process involved a direct award to Sheridan Resolutions Limited, a London-based SME, with a contract value totalling £175,000. The contract period spans from 1st March 2024 to 28th February 2028. The procurement was conducted through a direct award method, specifically designated as "Other - Direct Award," and the award was made official on 24th June 2025, marking the completion of the procurement process. The services will be delivered to the Bank of England’s London address, located in the EC2R postal area.

This tender presents a significant opportunity for businesses specialising in employee and guidance services, especially SMEs looking for collaborative work with prestigious clients like the Bank of England. Given its focus on services, companies experienced in providing strategic employee support and development will find this an excellent chance to expand their market positioning and credibility. The completion of this contract aligns with the procurement's suitability criteria, demonstrating that small to medium enterprises are highly regarded and considered for such contracts.

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Notice Information

Notice Title

Employee services

Notice Description

Employee services. This is a non-committal spend and will be drawn down throughout the life of the contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e9d0e884-3118-42fa-82b3-44c604923c83
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7f75367c-5a42-4cc3-aee3-408edcc91778
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

85 - Health and social work services

CPV Codes

85312310 - Guidance services

Notice Value(s)

Tender Value
£175,000 £100K-£500K
Lots Value
Not specified
Awards Value
£175,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Aug 20256 months ago
Submission Deadline
29 Feb 2024Expired
Future Notice Date
Not specified
Award Date
23 Jun 20258 months ago
Contract Period
1 Mar 2024 - 28 Feb 2028 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

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
Not specified
Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

SHERIDAN RESOLUTIONS

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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