Award

Cost Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

22 Dec 2025 at 14:22

Award Notice
Summary of the contracting process

The Bank of England has awarded a contract for cost services under the title "Cost Services," classified within the quantity surveying services category (CPV code: 71324000). The procurement process utilised a selective method, specifically a call-off from a framework agreement. Located in London, England, the contract was awarded on 3 July 2025, with a total value of GBP 2,183,102.94. The award marks the transition from the tender stage to the award stage, and the contract period is set from 31 July 2025 to 30 July 2029.

This procurement process presents a significant opportunity for businesses operating in the quantity surveying sector, particularly those capable of handling large-scale projects in London. While this specific contract was not suitable for SMEs or VCSEs, similar opportunities could arise under framework agreements, offering potential growth avenues. Businesses with existing framework agreements with major UK institutions, especially those adept in providing comprehensive cost management and quantity surveying services, would be well-suited to pursue such opportunities in the future.

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Notice Information

Notice Title

Cost Services

Notice Description

Cost Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fc580f05-7cfa-4e91-b1e2-0953a78efaa9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1061ec04-2e7f-4a2f-8d39-6715db8cfc4c
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

71 - Architectural, construction, engineering and inspection services

CPV Codes

71324000 - Quantity surveying services

Notice Value(s)

Tender Value
£2,183,102 £1M-£10M
Lots Value
Not specified
Awards Value
£2,183,102 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Dec 20252 months ago
Submission Deadline
28 Mar 2025Expired
Future Notice Date
Not specified
Award Date
2 Jul 20257 months ago
Contract Period
30 Jul 2025 - 30 Jul 2029 4-5 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
Not specified
Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ARCADIS CONSULTING (UK

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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