Award

Software license and support

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

07 Aug 2024 at 09:50

Summary of the contracting process

The Bank of England has completed the procurement process for a contract titled "Software license and support" under the industry category of IT services, specifically consulting, software development, Internet, and support. This contract, awarded to FIS Capital Markets US LLC, pertains to the provision of software licenses and support services. This procurement falls in the services category and was necessitated due to the integration complexity with existing applications. The award, made under a limited procurement method without prior publication, was finalised on 12 February 2024 for a total value of GBP 1,381,823. The primary delivery location for this contract is the UKI region.

This tender offers significant opportunities for businesses specialising in IT software and support services, particularly those with capabilities in providing robust software solutions that integrate seamlessly with existing systems. Companies well-versed in delivering tailored IT services and navigating complex technical challenges would find this contract beneficial for growth, as it signifies potential for long-term collaboration and further procurement opportunities within the public sector. The procurement method and the requirements highlighted underscore the importance of reliability, technical expertise, and seamless integration capabilities.

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Notice Title

Software license and support

Notice Description

Contract award to FIS Capital Markets US LLC for software license and support

Lot Information

Lot 1

This service is to provide software license and support

Procurement Information

The degree of integration of the software with existing applications would create disproportionate technical difficulties in changing supplier at this stage.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04885c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024806-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

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
£1,381,823 £1M-£10M

Notice Dates

Publication Date
7 Aug 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Feb 20242 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
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
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

FIS CAPITAL MARKETS US

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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