Planning

Banknote Destruction Equipment Request for Information (RFI)

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Planning

01 Oct 2021 at 12:05

Summary of the contracting process

The Bank of England is initiating a procurement process for new banknote destruction equipment and a waste handling solution, aimed at replacing the existing systems in use at its Debden banknote printing facility. This is currently in the planning stage, characterised as a Request for Information (RFI), with the primary industry category being industrial machinery. Suppliers must submit a non-disclosure agreement by 15 October 2021 to gain access to RFI documentation and respond by the final deadline of midday, 29 October 2021.

This tender presents a significant opportunity for businesses specialising in industrial machinery and waste management solutions. Companies that can demonstrate expertise in banknote destruction technology and compliance with the Bank of England's high operational standards will be particularly well-positioned to engage in this procurement process. Given the importance of security and efficiency in the handling of currency, suppliers capable of providing innovative and effective solutions stand to benefit from this initiative, potentially leading to a competitive tender in the near future.

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Notice Title

Banknote Destruction Equipment Request for Information (RFI)

Notice Description

The Bank of England ('the Bank') is planning to conduct a formal procurement for new banknote destruction equipment and waste handling solution to replace the current equipment and processes being used at the Bank's banknote printing facility located at Debden ('BDE'). The purpose of this Request for Information ('RFI') is to seek information on available relevant products and services from suppliers to provide information and details to enable the Bank to make informed decisions relating to its proposed procurement. INSTRUCTIONS FOR SUPPLIERS To access the information, suppliers are required to sign a non-disclosure agreement ('NDA'), a copy of which can be provided on request by e-mail to FM.Contracts@bankofengland.co.uk and also register on the Proactis e-sourcing portal via www.bankofenglandtenders.co.uk. Deadline for Requesting NDA: 14 October 2021 Deadline for Return of duly completed and signed NDA + Proactis E-Sourcing Portal registration: 15 October 2021 Suppliers are required to complete the NDA in its entirety and satisfactorily. The signed and dated NDAs must be returned to FM.Contracts@bankofengland.co.uk by no later than 16:00, Friday 15 October. Suppliers are to include the email address used to register to the Proactis e-sourcing portal within the email response, this allows suppliers to be invited to the project and gain access to supporting documentation and information relating to this PIN. Suppliers will not have access to any information relating to this RFI until a duly completed and signed NDA has been provided, along with the email address used to register to the Proactis e-sourcing portal. Upon receipt of signed NDA's and registration on Proactis e-sourcing portal, please download the Banknote Destruction Equipment RFI which provides all the key information relating to this project. Suppliers are required to provide responses, including supporting documentation on the options available to deliver the requirement, by the deadline detailed below. Deadline for the Return of the Banknote Destruction Equipment RFI: Suppliers' responses to the Banknote Destruction Equipment RFI must be submitted via the ProContract e-sourcing portal by no later than midday, Friday 29 October 2021. Please ensure suppliers allow sufficient time to respond to the Banknote Destruction Equipment RFI prior to the closing date and time, especially where documents are required to be uploaded to the portal. Following receipt of written responses from suppliers in relation to the questions set out in the RFI, the Bank plans to develop specification and determine the optimal method of tendering for the replacement equipment and solution. There is no guarantee that this RFI will lead to a competitive tender. PLEASE NOTE: Any communication that does not relate to the request of an NDA must be submitted via the ProContract e-sourcing portal www.bankofenglandtenders.co.uk.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02e6e3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024437-2021
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

42 - Industrial machinery


CPV Codes

42000000 - Industrial machinery

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
1 Oct 20214 years ago
Submission Deadline
Not specified
Future Notice Date
28 Feb 2022Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BANK OF ENGLAND
Contact Name
FM Contracts
Contact Email
fm.contracts@bankofengland.co.uk
Contact Phone
+44 2034613000

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

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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