Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

25 Jun 2025 at 11:29

Summary of the contracting process

The Bank of England, located in London, has completed a procurement process for "Professional technology services", falling under the industry category of Information systems or technology strategic review and planning services. The contract was awarded to Telstra UK Limited, with the procurement having been conducted through a selective method as a call-off from a framework agreement. The procurement stage reached the award phase on 4th April 2025, under the Technology Support Services Framework. The contract, valued at £358,110, spans from 4th April to 30th December 2025 and covers services to be delivered within England, UK.

This tender represents a substantial business growth opportunity in the professional technology services sector. It is especially pertinent for large companies with expertise in IT strategic review and planning services, as the contract was executed with a substantial financial commitment and duration. Although SMEs and VCSE organisations were deemed unsuitable for this particular procurement, larger enterprises within the technology domain can certainly engage in similar future opportunities supported by the Bank of England's procurement activities.

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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 April and 30th April 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f00f9697-2ad5-4dc2-b502-88a292c822dd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/76b0f8c7-b04b-4a42-aa4b-300ee1394c68
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
£358,110 £100K-£500K
Lots Value
Not specified
Awards Value
£358,110 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jun 20258 months ago
Submission Deadline
28 Mar 2025Expired
Future Notice Date
Not specified
Award Date
3 Apr 202510 months ago
Contract Period
3 Apr 2025 - 30 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

TELSTRA

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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