Award

Accounting Software

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

Award

14 Jan 2025 at 10:33

Tender

06 Aug 2024 at 09:52

Summary of the contracting process

The Bank of England is conducting a procurement process for a new Energy Accounting Software system to meet statutory requirements. The procurement falls under the services category with a specific focus on energy management services. This tender is currently in the active stage and is being managed through an open procedure. The procurement process was initiated on 6th August 2024, and the deadline for bid submission is set for 4th September 2024. The location of the delivery will be within the UKI region. The contract will have an initial term of 2 years, with an option for a 1-year extension.

This tender represents a significant opportunity for businesses specialising in software packages and IT services, particularly those with expertise in energy management and environmental auditing. Small and medium enterprises (SMEs) are encouraged to participate, as the contracting authority deems them suitable for this opportunity. Successful bidders can leverage this contract to establish or strengthen relationships with a prestigious institution like the Bank of England, driving business growth and expanding their market presence. The open procurement method ensures a competitive and transparent process, providing a level playing field for all qualified suppliers.

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Notice Title

Accounting Software

Notice Description

Award to supply a new Accounting Software system to meet statutory requirements. The contract will be a 2-year initial term with the option to extend for 1 year.

Lot Information

Lot 1

An Accounting Software system to meet statutory requirements.

Renewal: The contract will be a 2-year initial term with the option to extend for 1 year.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0487f2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001130-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

71 - Architectural, construction, engineering and inspection services

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


CPV Codes

48000000 - Software package and information systems

71314200 - Energy-management services

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
£160,000 £100K-£500K

Notice Dates

Publication Date
14 Jan 20251 years ago
Submission Deadline
4 Sep 2024Expired
Future Notice Date
Not specified
Award Date
18 Nov 20241 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
Technology Procurement Team
Contact Email
technology.contracts@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

Supplier Information

Number of Suppliers
1
Supplier Name

NORMATIVE

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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