Award

Technology Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

16 Jun 2025 at 13:14

Summary of the contracting process

The Bank of England has completed a procurement process titled "Technology Services" to provide Oracle Cloud Implementation Consulting Services. This process falls under the IT services category, specifically focusing on consulting, software development, Internet, and support, classified as CPV 72000000. The procurement was conducted as a selective process through a call-off from a framework agreement, with the contract period spanning from 15th May 2025 to 14th May 2026. The delivery location is specified as England, United Kingdom. This award stage of the procurement process was finalised on 16th June 2025, and the contract, valued at £70,642, has been awarded to Oracle Corporation UK Limited.

This tender presents significant opportunities for businesses specialising in IT consulting services, particularly those adept in Oracle Cloud technologies. Larger enterprises with prior framework agreement inclusions stand to benefit due to the selective procurement method employed. Engaging in this contract allows suppliers to establish or strengthen their relationship with a prestigious buyer such as the Bank of England, fostering growth through high-profile project exposure and bolstering their portfolio with government contracts. With the demand for robust IT solutions in the financial sector, experienced IT service providers can leverage this opportunity for long-term growth and expansion within the industry.

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Notice Title

Technology Services

Notice Description

Provision of Oracle Cloud Implementation Consulting Services.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f9af97b6-83e9-4211-a9d9-9a18c5f2bcf0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f6cf94e9-c4fb-4899-8bad-73ae52755863
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

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£70,642 Under £100K
Lots Value
Not specified
Awards Value
£70,642 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jun 20258 months ago
Submission Deadline
14 May 2025Expired
Future Notice Date
Not specified
Award Date
14 May 20259 months ago
Contract Period
14 May 2025 - 14 May 2026 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

ORACLE

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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