Award

Maintenance and Storage of Stillage Cages

BANK OF ENGLAND

This public procurement record has 5 releases in its history.

Award

08 Jan 2021 at 15:44

Award Notice
Tender

15 Sep 2020 at 10:14

Tender Notice
Tender

15 Sep 2020 at 10:01

Tender Notice
Tender

09 Sep 2020 at 11:53

Tender Notice
Tender

02 Sep 2020 at 10:41

Tender Notice
Summary of the contracting process

The Bank of England is seeking tenders for the maintenance and storage of stillage cages, critical for the secure storage and transportation of banknotes. This contract is classified under the CPV code for "Storage units" and falls within the services industry category. The procurement process is at the award stage, with a total contract value of £400,000, which may rise to £592,256.80 if the full term is utilised. The contract is set to commence on 1 March 2021 and will run for an initial three-year period, with potential extensions bringing the total duration up to five years. Tenders must have been submitted electronically by 7 October 2020.

This tender represents an opportunity for small and medium-sized enterprises (SMEs) specialising in maintenance services and storage solutions to position themselves within a significant contract with the Bank of England. Businesses that provide repair and maintenance services, particularly for storage and large containers, would find this tender well-suited to their capabilities. Engaging in this contract could lead to substantial growth and further contracts within the public sector.

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Notice Information

Notice Title

Maintenance and Storage of Stillage Cages

Notice Description

The Contractor shall provide maintenance and storage services of stillage cages issued from the Bank of England Debden site. The cages are essential to provide secure storage and enable transportation of banknotes. The contract term if three years' initial term, with two possible one-year extensions (total possible term of five years). Additional information: The procurement documents are available for unrestricted and full direct access, free of charge, at: http://www.bankofenglandtenders.co.uk Tenders or requests to participate must be submitted electronically via: http://www.bankofenglandtenders.co.uk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f61264c6-67a0-4354-b927-420291ffa7f7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a22f4094-de2c-4b15-bd3e-2b391091d51a
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

39 - Furniture (incl. office furniture), furnishings, domestic appliances (excl. lighting) and cleaning products

44 - Construction structures and materials; auxiliary products to construction (except electric apparatus)

50 - Repair and maintenance services

63 - Supporting and auxiliary transport services; travel agencies services

CPV Codes

39173000 - Storage units

44613000 - Large containers

44613400 - Storage containers

50000000 - Repair and maintenance services

50514000 - Repair and maintenance services of metal containers

63121100 - Storage services

Notice Value(s)

Tender Value
£400,000 £100K-£500K
Lots Value
Not specified
Awards Value
£592,256 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
8 Jan 20215 years ago
Submission Deadline
7 Oct 2020Expired
Future Notice Date
Not specified
Award Date
1 Dec 20205 years ago
Contract Period
1 Mar 2021 - 29 Feb 2024 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
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

DISTRIBUTION MAINTENANCE

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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