Notice Information
Notice Title
Services Management
Notice Description
The Bank of England has appointed an administrator to support a variety of services.
Lot Information
Lot 1
The Bank of England has appointed an administrator to support a variety of services.
Options: 2 successive periods of 2 years.
Renewal: The 8 year contract period is being awarded on an initial 4 year basis with options to extend for up to an additional 2 years on a 2+2 basis. During the 4-8 year contracting period re-tender activity is likely to take place in order to remain compliant under the PCR 2015.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-0363df
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/007127-2026
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Selective
- Procurement Method Details
- Restricted procedure
- Tender Suitability
- Not specified
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
75 - Administration, defence and social security services
-
- CPV Codes
66518000 - Insurance brokerage and agency services
66518100 - Insurance brokerage services
75310000 - Benefit services
Notice Value(s)
- Tender Value
- £1,200,000 £1M-£10M
- Lots Value
- £1,200,000 £1M-£10M
- Awards Value
- Not specified
- Contracts Value
- £2,693,624 £1M-£10M
Notice Dates
- Publication Date
- 27 Jan 20263 weeks ago
- Submission Deadline
- 4 Oct 2022Expired
- Future Notice Date
- Not specified
- Award Date
- 29 May 20232 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- This procurement is a re-tender of an existing Bank of England contract.
Notice Status
- Tender Status
- Complete
- Lots Status
- Cancelled
- Awards Status
- Active
- Contracts Status
- Active
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
- TLI31 Camden and City of London
-
- Local Authority
- City of London
- Electoral Ward
- Walbrook
- Westminster Constituency
- Cities of London and Westminster
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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.
{
"tag": [
"compiled"
],
"id": "ocds-h6vhtk-0363df-2026-01-27T14:02:57Z",
"date": "2026-01-27T14:02:57Z",
"ocid": "ocds-h6vhtk-0363df",
"initiationType": "tender",
"tender": {
"id": "CON/1000106 / CON1001134/ REQ/1000106",
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"title": "Services Management",
"status": "complete",
"classification": {
"scheme": "CPV",
"id": "75310000",
"description": "Benefit services"
},
"mainProcurementCategory": "services",
"description": "The Bank of England has appointed an administrator to support a variety of services.",
"value": {
"amount": 1200000,
"currency": "GBP"
},
"lots": [
{
"id": "1",
"description": "The Bank of England has appointed an administrator to support a variety of services.",
"awardCriteria": {
"criteria": [
{
"name": "Quality",
"type": "quality",
"description": "80"
},
{
"type": "price",
"description": "20"
},
{
"name": "Technical criteria",
"type": "quality",
"description": "80%"
},
{
"type": "price",
"description": "20%"
}
]
},
"value": {
"amount": 1200000,
"currency": "GBP"
},
"contractPeriod": {
"durationInDays": 2880,
"endDate": "2031-04-09T23:59:59+01:00"
},
"hasRenewal": true,
"renewal": {
"description": "The 8 year contract period is being awarded on an initial 4 year basis with options to extend for up to an additional 2 years on a 2+2 basis. During the 4-8 year contracting period re-tender activity is likely to take place in order to remain compliant under the PCR 2015."
},
"secondStage": {
"maximumCandidates": 5
},
"selectionCriteria": {
"description": "Suppliers are initially invited to submit a response to the Supplier Questionnaire (SQ) by the stated deadline. Following completion of the SQ phase, the top 5 ranked (highest scoring) bidders will be short-listed and invited to submit a full tender response."
},
"submissionTerms": {
"variantPolicy": "notAllowed"
},
"hasOptions": true,
"status": "cancelled",
"options": {
"description": "2 successive periods of 2 years."
}
}
],
"items": [
{
"id": "1",
"additionalClassifications": [
{
"scheme": "CPV",
"id": "75310000",
"description": "Benefit services"
},
{
"scheme": "CPV",
"id": "66518000",
"description": "Insurance brokerage and agency services"
},
{
"scheme": "CPV",
"id": "66518100",
"description": "Insurance brokerage services"
}
],
"deliveryAddresses": [
{
"region": "UK"
},
{
"region": "UKI31"
},
{
"region": "UK"
}
],
"relatedLot": "1"
}
],
"submissionMethod": [
"electronicSubmission"
],
"submissionMethodDetails": "https://supplierlive.proactisp2p.com/Account/Login",
"documents": [
{
"id": "economic",
"documentType": "economicSelectionCriteria"
},
{
"id": "technical",
"documentType": "technicalSelectionCriteria"
}
],
"procurementMethod": "selective",
"procurementMethodDetails": "Restricted procedure",
"tenderPeriod": {
"endDate": "2022-10-04T12:00:00+01:00"
},
"secondStage": {
"invitationDate": "2022-11-07T00:00:00Z"
},
"submissionTerms": {
"languages": [
"en"
]
},
"hasRecurrence": true,
"recurrence": {
"description": "This procurement is a re-tender of an existing Bank of England contract."
},
"coveredBy": [
"GPA"
]
},
"parties": [
{
"id": "GB-FTS-43054",
"name": "Bank of England",
"identifier": {
"legalName": "Bank of England"
},
"address": {
"streetAddress": "Threadneedle Street",
"locality": "London",
"region": "UK",
"postalCode": "EC2R 8AH",
"countryName": "United Kingdom"
},
"contactPoint": {
"name": "Chloe Ludlow-Gomm",
"email": "chloe.ludlow-gomm@bankofengland.co.uk",
"url": "https://supplierlive.proactisp2p.com/Account/Login"
},
"roles": [
"buyer",
"reviewBody"
],
"details": {
"url": "https://www.bankofengland.co.uk/",
"classifications": [
{
"id": "BODY_PUBLIC",
"scheme": "TED_CA_TYPE",
"description": "Body governed by public law"
},
{
"id": "04",
"scheme": "COFOG",
"description": "Economic affairs"
}
]
}
},
{
"id": "GB-COH-RC000042",
"name": "BANK OF ENGLAND",
"identifier": {
"legalName": "BANK OF ENGLAND",
"id": "RC000042",
"scheme": "GB-COH"
},
"address": {
"streetAddress": "Threadneedle Street",
"locality": "London",
"region": "UKI31",
"postalCode": "EC2R8AH",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "corporate.contracts@bankofengland.co.uk",
"telephone": "+44 2076011116"
},
"roles": [
"buyer"
],
"details": {
"url": "http://www.bankofengland.co.uk/",
"classifications": [
{
"id": "BODY_PUBLIC",
"scheme": "TED_CA_TYPE",
"description": "Body governed by public law"
},
{
"id": "04",
"scheme": "COFOG",
"description": "Economic affairs"
}
]
}
},
{
"id": "GB-COH-04768546",
"name": "Benifex Limited (Previously Benefex Limited)",
"identifier": {
"legalName": "Benifex Limited (Previously Benefex Limited)",
"id": "04768546",
"scheme": "GB-COH"
},
"address": {
"streetAddress": "Mountbatten House, Grosvenor Square, Southampton, Hampshire",
"locality": "Hampshire",
"region": "UK",
"postalCode": "SO15 2JU",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-136",
"name": "High Court of England and Wales",
"identifier": {
"legalName": "High Court of England and Wales"
},
"address": {
"locality": "London",
"countryName": "United Kingdom"
},
"roles": [
"reviewBody"
]
}
],
"buyer": {
"id": "GB-COH-RC000042",
"name": "BANK OF ENGLAND"
},
"language": "en",
"awards": [
{
"id": "009195-2024-CON/1001134-1",
"relatedLots": [
"1"
],
"status": "active",
"suppliers": [
{
"id": "GB-COH-04768546",
"name": "Benefex Limited"
}
]
},
{
"id": "007127-2026-CON/1001134-1",
"relatedLots": [
"1"
],
"status": "active",
"suppliers": [
{
"id": "GB-COH-04768546",
"name": "Benifex Limited"
}
]
}
],
"contracts": [
{
"id": "009195-2024-CON/1001134-1",
"awardID": "009195-2024-CON/1001134-1",
"status": "active",
"value": {
"amount": 1200000,
"currency": "GBP"
},
"dateSigned": "2023-05-30T00:00:00+01:00"
},
{
"id": "007127-2026-CON/1001134-1",
"awardID": "007127-2026-CON/1001134-1",
"status": "active",
"value": {
"amount": 1493624,
"currency": "GBP"
},
"dateSigned": "2023-05-30T00:00:00+01:00",
"period": {
"endDate": "2031-04-09T23:59:59+01:00"
},
"items": [
{
"id": "1",
"classification": {
"scheme": "CPV",
"id": "75310000",
"description": "Benefit services"
},
"deliveryAddresses": [
{
"region": "UK"
}
],
"relatedLot": "1"
}
],
"amendments": [
{
"id": "1",
"description": "Exercise the option to extend the contract by 2 +2 years and upgrade the existing Benefits+ platform for the remaining 4 years of the contract under Regulation 72(1)(b). Cost of the upgrade for 4 years PS293,624 Original contract value = PS1,200,000 + upgrade PS293,624.00 = PS1,493,624.00.",
"rationale": "Need for additional works, services or supplies by the original contractor/concessionaire: 1) the current system is in use and integrated with other Bank systems 2) the modules are proprietary to the supplier"
}
]
}
],
"bids": {
"statistics": [
{
"id": "1",
"measure": "bids",
"relatedLot": "1",
"value": 3
}
]
}
}