Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

07 Apr 2025 at 15:49

Award Notice
Summary of the contracting process

The Bank of England has completed the procurement process titled "Professional technology services" under Technology Support Services Framework. This contract, focusing on information systems or technology strategic review and planning services (CPV 72222000), was awarded to Cognizant Worldwide Limited. The procurement method was selective, utilising a call-off from a framework agreement. Contracts for statements of work were awarded between 1st November and 31st December 2024, with the contract period running from 1st November 2024 to 31st July 2025. The total contract value is GBP 780,025, and the services will be delivered to the address with postal code EC2R 8AH in London, England.

This tender presents significant opportunities for businesses specialising in technology services, particularly those adept at strategic review and planning within information systems. Although not suited for SMEs or VCSEs, large-scale technology service providers like Cognizant Worldwide Limited are ideal competitors for such contracts, given their capacity to meet the robust demands outlined. Engaging in this tender can foster growth and visibility in the specialised domain of technology strategic planning, offering a gateway to forge long-term relationships with prestigious institutions like the Bank of England.

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Notice Information

Notice Title

Professional technology services

Notice Description

Provision of professional technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st Nov and 31st Dec 2024

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ecdfc95e-b74d-40c9-a148-5723d6a1b45f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3cc15984-036f-440e-b402-432333c8fbba
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
£780,025 £500K-£1M
Lots Value
Not specified
Awards Value
£780,025 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Apr 202510 months ago
Submission Deadline
25 Oct 2024Expired
Future Notice Date
Not specified
Award Date
1 Nov 20241 years ago
Contract Period
1 Nov 2024 - 31 Jul 2025 6-12 months
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

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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