Award

Corporate Research Forum Subscription

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

12 Nov 2024 at 11:18

Award Notice
Summary of the contracting process

The Bank of England has concluded their procurement process for the "Corporate Research Forum Subscription" in the research and development services category. This direct procurement method resulted in a single tender action below the threshold. The tender was specifically aimed at the region of England, United Kingdom, with the contract period spanning from 1st July 2024 to 30th June 2026. The procurement reached the award stage, and the total contract value is GBP 43,200. Notable dates include the tender period ending on 31st May 2024 and the award notice published on 12th November 2024. The industry category involved focuses on research and development services and related consultancy services, ensuring the completion and direct assignment without complex competitive processes.

This procurement provides a valuable opportunity for small and medium-sized enterprises (SMEs) in the research and consultancy sectors to engage with one of the UK's key financial institutions. The Corporate Research Forum Limited, an SME, has been selected as the supplier, demonstrating that businesses of this scale are well-suited to compete for such contracts. The subscription service will facilitate growth opportunities for similar companies looking to establish their credibility, expand their portfolio, and collaborate with prominent financial entities like the Bank of England. The SME suitability criterion underscores the potential for smaller businesses to secure substantial government contracts.

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Notice Information

Notice Title

Corporate Research Forum Subscription

Notice Description

Corporate Research Forum Subscription

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f485db49-f2bd-49fb-b671-3adab3337cc4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/572e8f1e-a81b-49f6-97c9-c5d056009333
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£43,200 Under £100K
Lots Value
Not specified
Awards Value
£43,200 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Nov 20241 years ago
Submission Deadline
31 May 2024Expired
Future Notice Date
Not specified
Award Date
30 Jun 20241 years ago
Contract Period
30 Jun 2024 - 30 Jun 2026 1-2 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
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

CORPORATE RESEARCH FORUM

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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