Award

Facilities Management Services

BANK OF ENGLAND

This public procurement record has 4 releases in its history.

Award

16 Feb 2026 at 15:06

TenderUpdate

25 Jul 2025 at 09:18

Tender

24 Jul 2025 at 13:06

Planning

22 May 2025 at 17:12

Summary of the contracting process

The Bank of England has recently awarded a contract for Facilities Management Services with an estimated value of up to £150 million, inclusive of VAT, spanning over four years starting from 1st March 2026, with the possibility of a one-year extension. The procurement was conducted using a selective process characterised by competitive flexible procedures and involved various stages culminating in a final award to ISS Facility Services Limited. Services under this contract will mainly be provided at the Bank's premises in London and Essex, with potential assignments in Leeds, supporting the Bank's broader strategic transformation projects across its estate. The award announcement came on 16th February 2026, with the contract expected to commence shortly after, from 1st March 2026.

This contract presents a substantial growth opportunity for companies specialising in integrated facilities services. Businesses devising strategic plans for expansion in the facilities management sector, particularly those experienced in delivering high-quality service across diverse categories, such as security, catering, and maintenance, could find this contract particularly beneficial. Large-scale entities capable of demonstrating robust management capabilities alongside innovative solutions tailored to cost efficiency and data-driven decision-making are expected to be well-suited contenders for the procurement opportunities envisaged under subsequent phases of this tender. Companies like CBRE Managed Services, Jones Lang LaSalle Limited, OCS Group UK Limited, and ISS Facility Services Limited have demonstrated interest by submitting tenders, reflecting a competitive atmosphere inviting expertise at scale.

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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.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-051f72
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/013922-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award 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
Not specified

Notice Dates

Publication Date
16 Feb 20266 days ago
Submission Deadline
11 Aug 2025Expired
Future Notice Date
30 May 2025Expired
Award Date
16 Feb 20261 weeks 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
Pending
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BANK OF ENGLAND
Contact Name
Not specified
Contact Email
askprocurement@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
TLE Yorkshire and The Humber, TLH3 Essex, TLI London, TLI4 Inner London - East

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

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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                            "description": "In summary the technical ability conditions of participation address the following: - Core supplier information - Associated persons - Debarment (including proposed sub-contractors) - Financial capacity - Insurance requirements - Relevant experience and contract examples - Health and safety - Professional memberships/accreditation - Modern slavery - Quality assurance - Equality and diversity - Business continuity - ESG - Bribery Act 2010 - Prompt Payment - Carbon Reduction The questions and the assessment criteria are set out in the Procurement Specific Questionnaire provided as part of the associated tender documents."
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                "documentType": "tenderNotice",
                "noticeType": "UK4",
                "description": "Tender notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/043028-2025",
                "datePublished": "2025-07-25T10:18:44+01:00",
                "format": "text/html"
            }
        ],
        "contractTerms": {
            "financialTerms": "Payment terms in line with the Services Contract provided as part of the associated tender documents."
        },
        "riskDetails": "The Bank is undergoing a transformation project to its estate in London, which involves redesigning and consolidating into the Threadneedle Street building. In addition, the Bank is expanding its Leeds presence over the next three years. In support of these changes, the Bank will be looking at the provision of facilities management services to enhance the operation to be more risk controlled, data driven, and cost-efficient quality service for the future. In light of this, changes may impact the provision of services and there is a risk of modifications to the contract.",
        "amendments": [
            {
                "id": "043028-2025",
                "description": "Corrected the e-mail address Potential Suppliers should contact to fm.contracts@bankofengland.co.uk"
            }
        ]
    },
    "language": "en",
    "bids": {
        "details": [
            {
                "id": "1",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-COH-00890885",
                        "name": "ISS FACILITY SERVICES LIMITED"
                    }
                ],
                "relatedLots": [
                    "1"
                ]
            },
            {
                "id": "2",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-COH-1799580",
                        "name": "CBRE Managed Services"
                    }
                ],
                "relatedLots": [
                    "1"
                ]
            },
            {
                "id": "3",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-COH-01188567",
                        "name": "Jones Lang LaSalle Limited"
                    }
                ],
                "relatedLots": [
                    "1"
                ]
            },
            {
                "id": "4",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-COH-03056469",
                        "name": "OCS GROUP UK LIMITED"
                    }
                ],
                "relatedLots": [
                    "1"
                ]
            }
        ],
        "statistics": [
            {
                "id": "1",
                "measure": "bids",
                "value": 4,
                "relatedLot": "1"
            },
            {
                "id": "2",
                "measure": "finalStageBids",
                "value": 4,
                "relatedLot": "1"
            },
            {
                "id": "3",
                "measure": "smeFinalStageBids",
                "value": 0,
                "relatedLot": "1"
            },
            {
                "id": "4",
                "measure": "vcseFinalStageBids",
                "value": 0,
                "relatedLot": "1"
            }
        ]
    },
    "awards": [
        {
            "id": "1",
            "title": "Facilities Management Services",
            "status": "pending",
            "date": "2026-02-16T00:00:00Z",
            "value": {
                "amountGross": 150000000,
                "amount": 125000000,
                "currency": "GBP"
            },
            "mainProcurementCategory": "services",
            "aboveThreshold": true,
            "suppliers": [
                {
                    "id": "GB-COH-00890885",
                    "name": "ISS FACILITY SERVICES LIMITED"
                }
            ],
            "items": [
                {
                    "id": "1",
                    "additionalClassifications": [
                        {
                            "scheme": "CPV",
                            "id": "79993100",
                            "description": "Facilities management services"
                        }
                    ],
                    "deliveryAddresses": [
                        {
                            "region": "UKH",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        },
                        {
                            "region": "UKI",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        }
                    ],
                    "relatedLot": "1"
                }
            ],
            "standstillPeriod": {
                "endDate": "2026-02-25T23:59:59+00:00"
            },
            "contractPeriod": {
                "startDate": "2026-03-01T00:00:00Z",
                "endDate": "2030-02-28T23:59:59Z",
                "maxExtentDate": "2031-02-28T23:59:59Z"
            },
            "hasRenewal": true,
            "renewal": {
                "description": "Option for extension of term by 1 year."
            },
            "hasOptions": true,
            "options": {
                "description": "Option for the supply of Phase 2 Services: * Events Management * Audio Visuals Services * Security Manned Guarding * Space Management * Catering & Hospitality 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."
            },
            "relatedLots": [
                "1"
            ],
            "documents": [
                {
                    "id": "013922-2026",
                    "documentType": "awardNotice",
                    "noticeType": "UK6",
                    "description": "Contract award notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/013922-2026",
                    "datePublished": "2026-02-16T15:06:05Z",
                    "format": "text/html"
                }
            ],
            "assessmentSummariesDateSent": "2026-02-16T00:00:00Z",
            "milestones": [
                {
                    "id": "1",
                    "type": "futureSignatureDate",
                    "dueDate": "2026-02-27T23:59:59Z",
                    "status": "scheduled"
                }
            ]
        }
    ]
}