Award

Advisory services regarding the SAP S3 to S4/Hana system upgrade

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

12 May 2026 at 09:56

Summary of the contracting process

The BANK OF ENGLAND, a prominent financial institution, has completed a procurement process for advisory services concerning the upgrade of its SAP S3 to the S4/Hana system. The process falls under the IT services category, specifically consulting, software development, Internet, and support, as classified by the CPV system. The contract, worth £3,800,000, has been awarded to Rapid Enterprise Solutions Limited, a large-scale company based in Liverpool, United Kingdom. This procurement followed a selective method, utilising a call-off from a framework agreement. The contract duration will span from 20th April 2026 to 20th January 2027, with services delivered in London.

This tender presents substantial opportunities for businesses in the IT consulting and software development sectors, particularly those experienced in ERP system upgrades and management. Companies capable of providing comprehensive advisory services for technological upgrades, particularly involving SAP systems, will find this tender noteworthy. While this specific opportunity has been concluded, enterprises focussing on technological consulting can look forward to similar opportunities, especially if they align with the service requirements of large institutions like the BANK OF ENGLAND. Since the tender was not designated for SMEs or VCSEs, larger companies and those with extensive technological expertise are particularly suited for such engagements.

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How relevant is this notice?

Notice Title

Advisory services regarding the SAP S3 to S4/Hana system upgrade

Notice Description

Advisory services regarding the SAP S3 to S4/Hana system upgrade

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ff169f32-4dd3-43ef-be0a-5dfaed18c618
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/007da868-6a31-425a-86b2-28731162b014
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
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
£807,329 £500K-£1M
Lots Value
Not specified
Awards Value
£3,800,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
12 May 20262 days ago
Submission Deadline
15 Jan 2026Expired
Future Notice Date
Not specified
Award Date
23 Feb 20262 months ago
Contract Period
19 Apr 2026 - 20 Jan 2027 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

RAPID ENTERPRISE SOLUTIONS

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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