Award

Technology Transformation & Delivery Framework Contract Award

BANK OF ENGLAND

This public procurement record has 5 releases in its history.

Award

15 Dec 2025 at 12:04

Tender

19 Mar 2025 at 20:55

TenderUpdate

19 Mar 2025 at 20:55

TenderUpdate

19 Feb 2025 at 14:23

TenderUpdate

19 Feb 2025 at 10:39

Summary of the contracting process

The Bank of England has completed the award phase for its Technology Transformation & Delivery Framework (TDF) under a restricted procedure, focusing on IT services including consulting, software development, and support. This large-scale, multi-lot framework agreement spans four years, serving the Bank's Technology Directorate with services delivered both on-site in London and off-site as needed. Although the process saw no committed spend, the estimated value of each contract reached £180 million, signed on 20th October 2025. The procurement process adhered to legal frameworks and industry regulations and was designed to enhance the foundational technology systems crucial to the Bank's operations.

This framework agreement creates substantial opportunities for businesses specialising in IT services and consulting, particularly those capable of delivering innovative solutions for infrastructure, platform, enterprise, and data services. It provides a structured pathway for vendors like Accenture, Capgemini, and Cognizant to expand their project portfolios. Companies adept in cloud computing, AI, data management, and enterprise solutions are particularly well-suited for engagement, allowing them to influence influential sectors like banking and finance while fostering technological advancements. This represents a significant opportunity for large-scale companies seeking to solidify their presence and impact within the UK's financial technology landscape.

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Notice Title

Technology Transformation & Delivery Framework Contract Award

Notice Description

Award of the Technology Transformation & Delivery Framework (TDF). The contracts are a multi-lot, multi-supplier framework agreement for the provision of services to support the various functions of the Bank's Technology Directorate. The appointed suppliers will provide project delivery services both on-site at the Bank's premises as well as off-site where appropriate. The TDF Framework contract will be in place for four years. There is no committed spend. Lot 1 - Infrastructure Services - Accenture, Capgemini, Cognizant, Virtusa. Lot 2 - Platform Services - Accenture, Capgemini, Cognizant, Version 1. Lot 3 - Recruit, Train, Deploy - Coforge, FDM, La Fosse, Peregrine, Resource Solutions. Lot 4 - Enterprise Services - Accenture, Capgemini, Civica, Coforge, Cognizant, Mastek. Lot 5 - Product Delivery and Management - Accenture, Capgemini, Cognizant. Lot 6 - Data Services - Accenture, Baringa, Capgemini, Cognizant, Version 1. Lot 7 - Architecture, Transformation and Advisory - Accenture, Baringa, Capgemini, CGI, Credera, PA Consulting,

Lot Information

Infrastructure Services

Technology infrastructure services encompass a broad range of foundational services and systems that support the operation, management, and scalability of IT environments. This lot covers Data Centre, Security Services, Storage, Support and Maintenance, Virtualisation, Integrations, Monitoring and Optimisation as related to the Bank's Technology Infrastructure

Platform services

Technology platform services refer to a broad range of digital tools, systems, and infrastructures that support various activities across businesses, governments, and individual users. This lot covers Cloud Computing, Data Management, Networking and Security, Application services, Developer tools, AI and Machine learning, IoT, UX tools, Payment platforms as relates to the Bank's Cloud services.

Recruit, Train, Deploy

Identify and attract individuals who have the potential to fulfil specific roles within an organization. Equip new hires with the necessary knowledge, skills, and organizational culture to perform their roles effectively. Integrate trained individuals into their roles where they can contribute to the organization's objectives

Enterprise Services

Technology enterprise services refer to a broad category of services and solutions designed to support the complex operational and strategic needs of large organizations. Specifically here, this refers to the Product support and change for the Bank's Enterprise services, such as those internal services supporting the Bank's back office functions.

Product Delivery and Management

Technology Product Delivery and Management Services encompass a suite of activities and roles focused on the creation, development, and delivery of technology-based products.

Data Services

Technology Data Services encompass a broad range of services and solutions aimed at managing, processing, analysing, and leveraging data within various technological frameworks. This includes Data collection and storage, data processing and analysis, data analytics and BI, Data security and compliance, data integration, Real time data systems, data governance and any other data specific technologies, as relates to the Bank's on premise and cloud based services.

Architecture, Transformation and Advisory

Technology Architecture Transformation and Advisory Services refer to a suite of consulting and strategic services designed to help organizations evolve their IT infrastructure, systems, and processes to align with business goals, adapt to new technologies, and meet future demands.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04e2bb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/082845-2025
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

03 - Agricultural, farming, fishing, forestry and related products

48 - Software package and information systems

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


CPV Codes

03000000 - Agricultural, farming, fishing, forestry and related products

48000000 - Software package and information systems

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

Notice Value(s)

Tender Value
£180,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£180,000,000 £100M-£1B

Notice Dates

Publication Date
15 Dec 20252 months ago
Submission Deadline
20 Mar 2025Expired
Future Notice Date
Not specified
Award Date
19 Oct 20254 months 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 Team, Technology Category Team
Contact Email
technology.contracts@bankofengland.co.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
TLI London

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
16
Supplier Names

ACCENTURE

BARINGA PARTNERS

CAPGEMINI

CGI IT

CIVICA

COFORGE

COGNIZANT WORLDWIDE

CREDERA

FDM GROUP

LA FOSSE ASSOCIATES

MASTEK (UK

PA CONSULTING SERVICES

PEREGRINE INTERNATIONAL

RESOURCE SOLUTIONS WORKFORCE MANAGEMENT LIMITED (TRADING AS ROBERT WALTERS

VERSION 1 SOLUTIONS

VIRTUSA CONSULTING AND SERVICES

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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