Planning

Replacement of Data Collection System ("BEEDS Replacement")

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Planning

23 Jan 2024 at 15:00

Summary of the contracting process

The Bank of England, a central bank in the United Kingdom, is planning a tender for the "Replacement of Data Collection System" in the services category. This tender aims to find a solution for securely collecting data from firms across the UK to meet supervisory obligations. The Bank is looking to replace its existing data collection portal. The deadline for responses is 20th February 2024, with a future notice date of 3rd June 2024.

This tender by the Bank of England presents an opportunity for businesses in the IT services sector, particularly those involved in consulting, software development, and support. Companies with expertise in software package and information systems may find this tender suitable. Interested parties can access detailed information on the Bank's requirements and submit their proposals before the deadline to potentially support the Bank's data collection needs.

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Notice Title

Replacement of Data Collection System ("BEEDS Replacement")

Notice Description

The Bank of England, as the United Kingdom's central bank, exists to ensure both monetary and financial stability. The Bank of England sets interest rates to achieve the inflation target; has responsibility for UK financial stability; is active in a range of financial markets, and issues bank notes. The Bank is intending to go to tender in Q2 2024 to replace its existing provision for a solution to meet the data collection needs of the Bank. The current provision supports a system for collecting data from firms across the UK. Firms are required to submit regular returns to the Bank, which helps the Bank to meet its supervisory obligations. The Bank requires a platform for securely collecting this data. The RFI document can be found at https://supplierlive.proactisp2p.com/Account/Login and includes further detail on the Bank's current working principles, the scope of the capabilities and sub-capabilities to be delivered and outlines the information requested from suppliers. The deadline to respond is 20th February 2024.

Lot Information

Lot 1

This RFI will be used by the Bank to better understand the feasibility of its requirements, the most appropriate approach to replacing its existing data collection portal, the capacity of the market to deliver and any possible risks or issues that may not have previously been considered. This will allow the Bank to gather and assess responses from the wider market, to then use these responses to facilitate our engagement and support future decision making regarding any future processes. The Bank is also looking to assess the likely costs to enable the Bank to set reasonable budgets for the capabilities it may need. It is not the intent of the Bank to compare responses for the purposes of pre-qualification or short listing.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0433d1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/002279-2024
Current Stage
Planning
All Stages
Planning

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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


CPV Codes

48000000 - Software package and information systems

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

Notice Value(s)

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

Notice Dates

Publication Date
23 Jan 20242 years ago
Submission Deadline
Not specified
Future Notice Date
2 Jun 2024Expired
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
Maneesh Sharma
Contact Email
maneesh.sharma@bankofengland.co.uk
Contact Phone
Not specified

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

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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