Award

Provision of Technology Software

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

03 Feb 2025 at 14:24

Summary of the contracting process

The Bank of England has completed a selective procurement process to award a contract for the Provision of Technology Software, specifically, the Preserve365 SP2 software and its installation service. The procurement falls under the Maintenance of information technology software category and is located in England, United Kingdom. The tender was concluded with a contract value of £50,233.33, and the contract period spans from 16 January 2025 to 30 June 2026. The tender was a call-off from a framework agreement, and all necessary tender stages, including the award phase, have been completed as of 3 February 2025.

This contract presents significant business growth opportunities, particularly for companies excelling in IT software maintenance and installation services. SMEs were considered suitable for this procurement, indicating a potential focus on businesses of varying sizes capable of delivering the specified software solutions. Companies in the IT sector, especially those with experience in providing bespoke and high-security technology solutions, stand to benefit from participating in similar public contracts spearheaded by established institutions like the Bank of England.

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Notice Title

Provision of Technology Software

Notice Description

Provision of Preserve365 SP2 Software and installation service.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f9aa8744-9aa8-45d1-a465-a67815187700
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/94e54e9b-bc6f-4127-871d-40f87e7c5429
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72267100 - Maintenance of information technology software

Notice Value(s)

Tender Value
£50,233 Under £100K
Lots Value
Not specified
Awards Value
£50,233 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Feb 20251 years ago
Submission Deadline
10 Jan 2025Expired
Future Notice Date
Not specified
Award Date
16 Jan 20251 years ago
Contract Period
16 Jan 2025 - 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

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

SOFTCAT

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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