Planning

Replacement and Upgrade of Mechanical and Electrical Systems & Assets

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Planning

22 May 2025 at 17:47

Summary of the contracting process

The Bank of England is planning a significant procurement process titled "Replacement and Upgrade of Mechanical and Electrical Systems & Assets." The project focuses on providing supply, installation, and handover of HVAC, electrical, control, and monitoring systems as part of a planned lifecycle replacement and infrastructure upgrade programme. The procurement falls under the works category and is located within the region classified as UKH3 in the United Kingdom, with an estimated contract value of £19,000,000. This procurement is currently in the planning stage, with key future communications anticipated by 1st October 2026, and the contract period scheduled to commence on 1st April 2027, concluding on 31st March 2029.

This procurement opportunity offers substantial potential for businesses involved in mechanical and electrical systems overhaul and refurbishment. Companies specializing in the installation and maintenance of HVAC, electrical, control, and monitoring systems are particularly well-suited to participate. The project not only supports business growth through a sizeable contract but also aligns with industry ambitions to collaborate with central government bodies. This initiative by the Bank of England presents an excellent opportunity for businesses aiming to expand their portfolio in government-backed infrastructure upgrades.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Replacement and Upgrade of Mechanical and Electrical Systems & Assets

Notice Description

Provision of Supply, Installation & Handover of HVAC, Electrical, Control and Monitoring systems as part of a planned life cycle replacement and infrastructure upgrade programme.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-051f80
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/025391-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK1 - Pipeline Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work


CPV Codes

45453000 - Overhaul and refurbishment work

Notice Value(s)

Tender Value
£15,200,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
1 Oct 20268 months to go
Award Date
Not specified
Contract Period
31 Mar 2027 - 31 Mar 2029 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BANK OF ENGLAND
Contact Name
Not specified
Contact Email
fm.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
TLH3 Essex

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

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-051f80-2025-05-22T18:47:50+01:00",
    "date": "2025-05-22T18:47:50+01:00",
    "ocid": "ocds-h6vhtk-051f80",
    "initiationType": "tender",
    "planning": {
        "documents": [
            {
                "id": "025391-2025",
                "documentType": "plannedProcurementNotice",
                "noticeType": "UK1",
                "description": "Pipeline notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/025391-2025",
                "datePublished": "2025-05-22T18:47:50+01:00",
                "format": "text/html"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-COH-RC000042",
            "name": "BANK OF ENGLAND",
            "identifier": {
                "scheme": "GB-COH",
                "id": "RC000042"
            },
            "additionalIdentifiers": [
                {
                    "scheme": "GB-PPON",
                    "id": "PRDB-1113-HPPT"
                }
            ],
            "address": {
                "streetAddress": "Threadneedle Street",
                "locality": "London",
                "postalCode": "EC2R 8AH",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI31"
            },
            "contactPoint": {
                "email": "FM.Contracts@bankofengland.co.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "classifications": [
                    {
                        "scheme": "UK_CA_TYPE",
                        "id": "publicAuthorityCentralGovernment",
                        "description": "Public authority - central government"
                    }
                ]
            }
        }
    ],
    "buyer": {
        "id": "GB-COH-RC000042",
        "name": "BANK OF ENGLAND"
    },
    "tender": {
        "id": "PROC/575",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "Replacement and Upgrade of Mechanical and Electrical Systems & Assets",
        "description": "Provision of Supply, Installation & Handover of HVAC, Electrical, Control and Monitoring systems as part of a planned life cycle replacement and infrastructure upgrade programme.",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "45453000",
                        "description": "Overhaul and refurbishment work"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKH3",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "value": {
            "amountGross": 19000000,
            "amount": 15200000,
            "currency": "GBP"
        },
        "mainProcurementCategory": "works",
        "lots": [
            {
                "id": "1",
                "contractPeriod": {
                    "startDate": "2027-04-01T00:00:00+01:00",
                    "endDate": "2029-03-31T23:59:59+01:00"
                },
                "status": "planned"
            }
        ],
        "communication": {
            "futureNoticeDate": "2026-10-01T23:59:59+01:00"
        },
        "status": "planned"
    },
    "language": "en"
}