Award

Prenax Subscription Consolidation

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

27 Oct 2025 at 12:35

Summary of the contracting process

The Bank of England has concluded the contracting process for the "Prenax Subscription Consolidation" service which falls under the information systems category. The procurement aimed to consolidate multiple journal and subscription contracts into a single contract, overseen through a call-off from a framework agreement and executed via a selective procurement method. The awarded period spanned from 30 July 2025 to 29 July 2026, with finalisation occurring on 15 June 2025. The requirement was centred in London, United Kingdom, with the Bank of England acting as the buyer.

This tender presents substantial opportunities for businesses specialising in subscription management services, particularly small and medium-sized enterprises. As the service involves consolidation and management of subscriptions, companies providing innovative solutions in the information systems sector are well-positioned to benefit. The involvement of a framework agreement signifies potential repeat business and the chance to establish a relationship with the Bank of England, a prestigious financial institution. The award went to Prenax Ltd, highlighting the demand for large-scale professional capabilities in handling subscription consolidation efficiently.

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Notice Title

Prenax Subscription Consolidation

Notice Description

A subscription consolidation and management service. The Bank's information centre is consolidating many individual journal/subscription contracts into one contract. This is non-committed spend.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fca528a0-2eed-4b9e-9901-4d8eecb510b7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1f055407-c759-4624-bad0-80d073784e77
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48810000 - Information systems

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£300,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Oct 20253 months ago
Submission Deadline
15 Jun 2025Expired
Future Notice Date
Not specified
Award Date
14 Jun 20258 months ago
Contract Period
29 Jul 2025 - 29 Jul 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
TLI London

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

PRENAX

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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