Award

Technology Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

27 Aug 2025 at 15:13

Summary of the contracting process

The procurement process, led by the Bank of England, focused on the provision of technology services under the framework of Technology Support Services. This procurement, classified under the industry category of "Information systems or technology strategic review and planning services," was specifically targeted at delivering strategic technology services within England, United Kingdom. The procurement method employed was a "selective" call-off from a framework agreement. The procurement process has reached the award stage, having previously culminated in statements of work between 1st June and 30th June 2025. The contract period commenced on 1st June 2025 and will run until 1st December 2025. The contract, valued at £136,725, was awarded to Cognizant Worldwide Limited and was published on 27th August 2025.

This tender presents opportunities for businesses that specialise in providing strategic technology services to expand their clientele and enhance their market presence. Particularly, large enterprises capable of leveraging existing framework agreements stand in a favourable position to engage with future opportunities from major financial institutions like the Bank of England. The tender showcases the demand for companies proficient in technology consulting and planning services, enabling growth by participating in high-value, strategic projects within the public sector.

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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 June and 30th June 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ec19e327-3930-4a8a-8832-836b4889d5be
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3ccdc6ec-52c3-43a2-8c35-a7f02e422dff
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
£136,725 £100K-£500K
Lots Value
Not specified
Awards Value
£136,725 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Aug 20256 months ago
Submission Deadline
19 May 2025Expired
Future Notice Date
Not specified
Award Date
31 May 20258 months ago
Contract Period
31 May 2025 - 1 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
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

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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