Award

Polymer Waste Haulage & Recycling

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

21 Jul 2025 at 14:03

Summary of the contracting process

The contracting process conducted by the Bank of England, a public authority within the central government, involves the award of a three-year contract for "Polymer Waste Haulage & Recycling." This process is classified in the services category, specifically targeting refuse transport and recycling services. The contract was awarded on 1st July 2025, following a direct procurement method without competition, due to it being below the financial threshold. The estimated contract value is £180K. The location for the implementation of these services includes the region of UKH3, United Kingdom, with Q Plastics Ltd being the designated supplier.

This tender provides a significant opportunity for growth for businesses involved in waste management and recycling services, particularly those specialising in polymer waste. Companies that have the capability and resources to offer refuse transport and recycling services can find substantial growth potential by engaging in similar procurement opportunities led by large entities like the Bank of England. SMEs focused on niche waste management solutions could have a competitive edge in future tenders where specific expertise is required, although this round was conducted directly and without competition.

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Notice Title

Polymer Waste Haulage & Recycling

Notice Description

This contract is for the supply of services; for the provision of polymer waste haulage and recycling. A three year contract has been awarded with estimated contract value of PS180K on a non-committal basis.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-056317
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/041700-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

90 - Sewage, refuse, cleaning and environmental services


CPV Codes

90512000 - Refuse transport services

90514000 - Refuse recycling services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£150,000 £100K-£500K

Notice Dates

Publication Date
21 Jul 20257 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Jun 20257 months ago
Contract Period
30 Jun 2025 - 30 Jun 2028 3-4 years
Recurrence
Not specified

Notice Status

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

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
Not specified

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

Supplier Information

Number of Suppliers
1
Supplier Name

Q PLASTICS

Further Information

Notice Documents

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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