Award

Data modelling, platform tool (Lot 1) & ISO 20022 message development (Lot 2)

BANK OF ENGLAND

This public procurement record has 3 releases in its history.

TenderUpdate

29 Sep 2023 at 15:04

Award

29 Sep 2023 at 10:47

Tender

14 Oct 2022 at 09:23

Summary of the contracting process

The Bank of England is awarding two contracts for Data Modelling, Tooling & ISO20022 Message Development services to BR-AG. The procurement process has concluded, and two Lots are being awarded for these services. The Bank of England, based in London, United Kingdom, is the buying organisation. The main procurement category is services within the IT industry. The procurement method used is a selective process, with the procurement stage currently complete. The deadline for submissions was on 15th November 2022.

This tender opportunity presents a chance for businesses in the IT services sector, particularly those involved in consulting, software development, and Internet support, to compete for contracts with the Bank of England. Companies specialising in systems consultancy services, software implementation services, and business consultancy services may find this tender especially suitable. The awarded contracts, amounting to GBP 2,950,000 for Data Modelling and GBP 800,000 for ISO20022 Message Development, are part of a four-year framework that offers growth opportunities for successful suppliers.

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Notice Title

Data modelling, platform tool (Lot 1) & ISO 20022 message development (Lot 2)

Notice Description

The Bank of England ("the Bank") has concluded the tender and is awarding two contracts via two Lots for Data Modelling, Tooling & ISO20022 Message Development services to BR-AG.

Lot Information

Data Modelling & Platform Tool

Lot 1 The Bank has identified a suitable supplier to provide data point modelling expertise and related tooling to enable the Bank to meet current and future data collection requirements. The contract is awarded to BR-AG for a four-year single supplier framework.

ISO20022 Message Development

Lot 2 The Bank has identified a suitable supplier to provide resource and expertise to help deliver the renewed real time gross settlement (RTGS) messaging services. This will enable the Bank to deliver current and future payment messaging services using ISO 20022. The services include delivery and maintenance of technical artefacts (e.g. ISO 20022 XML messages) for messaging services such as CHAPS, settlement services, and reserves account services. The contract is awarded to BR-AG for a four-year single supplier framework.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0375b5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/028849-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

72246000 - Systems consultancy services

72253200 - Systems support services

72263000 - Software implementation services

72266000 - Software consultancy services

79400000 - Business and management consultancy and related services

79995000 - Library management services

Notice Value(s)

Tender Value
£3,750,000 £1M-£10M
Lots Value
£3,750,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£3,750,000 £1M-£10M

Notice Dates

Publication Date
29 Sep 20232 years ago
Submission Deadline
15 Nov 2022Expired
Future Notice Date
Not specified
Award Date
25 Jun 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
BANK OF ENGLAND
Contact Name
Procurement Group
Contact Email
technology.contracts@bankofengland.gsi.gov.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

Supplier Information

Number of Suppliers
1
Supplier Name

BR-AG P.S.A

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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