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Facilities Management Services

BANK OF ENGLAND

This public procurement record has 5 releases in its history.

Award

30 Apr 2026 at 14:23

UK7 - Contract Details Notice
Award

16 Feb 2026 at 15:06

UK6 - Contract Award Notice
TenderUpdate

25 Jul 2025 at 10:18

UK4 - Tender Notice
Tender

24 Jul 2025 at 14:06

UK4 - Tender Notice
Planning

22 May 2025 at 18:12

UK1 - Pipeline Notice
Summary of the contracting process

The Bank of England initiated a public procurement process for the provision of Facilities Management Services, with a contract value estimated up to £150 million, including VAT. This comprehensive service encompasses activities across the Bank’s main sites, mainly in London and Essex, and potentially regional offices, including Leeds. The procurement method employed was a selective, competitive flexible procedure, indicating a staggered, multi-phase tender evaluation. The key procurement stages, initiated with planning in May 2025, progressed through tender and negotiation phases, culminating in contract signing by February 2026, with services commencing in March 2026. The contract spans four years with a potential fifth-year extension, leveraging UKPGA legal frameworks and adhering to national and international procurement agreements such as the GPA and CPTPP.

This procurement presents a significant opportunity for growth within the Facilities Management industry, particularly for large-scale enterprises with expertise in a wide range of services, from cleaning and waste management to high-end security and event management. The tender attracted top-tier entities, including ISS Facility Services Limited, which emerged as the successful bidder. Such contracts are ideally suited for businesses capable of delivering multi-site, complex services while ensuring compliance with stringent regulatory and performance standards. The process favours those with robust management capabilities, flexibility, and innovative solutions in service transformation and cost efficiency, thus offering substantial potential for both market entry and expansion within the public sector arena.

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Notice Information

Notice Title

Facilities Management Services

Notice Description

This contract is for the supply of facilities management (FM) services at the Bank's premises over 4 years with the option to extend for a further year. The estimated total contract value is up to PS150m (inc. VAT) comprising of the initial phase of PS31m, and potential subsequent phases. Services are to be primarily delivered in London, and Essex, with ad-hoc services required at regional offices across the United Kingdom and potential for services to be provided in Leeds during the term of the contract.

Lot Information

Lot 1

Options: The Bank intends to (and reserves the right to) directly award additional or repeat services that are similar to the services supplied under the contract, which is the subject matter of this Tender Notice, in accordance with Schedule 5, paragraph 8 of PA 2023.

Renewal: An initial contract term is 4 years with an extension option at the Bank's discretion of 1 year.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-051f72
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/039975-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive flexible procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

31 - Electrical machinery, apparatus, equipment and consumables; lighting

32 - Radio, television, communication, telecommunication and related equipment

35 - Security, fire-fighting, police and defence equipment

38 - Laboratory, optical and precision equipments (excl. glasses)

39 - Furniture (incl. office furniture), furnishings, domestic appliances (excl. lighting) and cleaning products

50 - Repair and maintenance services

55 - Hotel, restaurant and retail trade services

60 - Transport services (excl. Waste transport)

63 - Supporting and auxiliary transport services; travel agencies services

64 - Postal and telecommunications services

77 - Agricultural, forestry, horticultural, aquacultural and apicultural services

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

85 - Health and social work services

90 - Sewage, refuse, cleaning and environmental services

CPV Codes

31625100 - Fire-detection systems

31625200 - Fire-alarm systems

32320000 - Television and audio-visual equipment

35121700 - Alarm systems

38543000 - Gas-detection equipment

39310000 - Catering equipment

50000000 - Repair and maintenance services

55520000 - Catering services

60120000 - Taxi services

63515000 - Travel services

63516000 - Travel management services

64110000 - Postal services

64120000 - Courier services

64224000 - Teleconferencing services

77314000 - Grounds maintenance services

79710000 - Security services

79952000 - Event services

79993100 - Facilities management services

85147000 - Company health services

90500000 - Refuse and waste related services

90731100 - Air quality management

90910000 - Cleaning services

Notice Value(s)

Tender Value
£125,000,000 £100M-£1B
Lots Value
£125,000,000 £100M-£1B
Awards Value
£125,000,000 £100M-£1B
Contracts Value
£125,000,000 £100M-£1B

Notice Dates

Publication Date
30 Apr 20265 months ago
Submission Deadline
Not specified
Future Notice Date
30 May 2025Expired
Award Date
16 Feb 20267 months ago
Contract Period
1 Mar 2026 - 28 Feb 2030 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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
Postcode Area
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
TLE Yorkshire and The Humber, TLH3 Essex, 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

ISS Facility Services

Further Information

Notice Documents

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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