Award

Market Data Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

30 Jul 2025 at 14:53

Summary of the contracting process

The procurement process conducted by the Bank of England, a central government public authority, focuses on Market Data Services within the IT services sector. Located in London, the procurement stage has reached completion, with a contract period from 1st September 2025 to 31st August 2028. Key participants in this procurement include BMLL Technologies Limited, the supplier awarded the contract valued at £39,621.54 net (gross £47,545.85). The procurement was conducted below the threshold using an unspecified method, and the contract was signed on 26th June 2025.

This tender offers significant growth opportunities for businesses involved in IT services, particularly those specialising in consulting, software development, internet, and support services. Although the contract has already been awarded to a large-scale firm, other businesses in this sector can glean insights into procurement preferences and requirements of central government buyers, potentially positioning themselves for future opportunities in similar tenders. Engagement with such public contracts can enhance a company's profile and experience, proving beneficial for future competitive bids.

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Notice Title

Market Data Services

Notice Description

Market Data Services Contract term: 01/09/2025 - 31/08/2028

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-056963
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/044404-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

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

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£39,621 Under £100K

Notice Dates

Publication Date
30 Jul 20256 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Jun 20258 months ago
Contract Period
31 Aug 2025 - 31 Aug 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
technology.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
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

BMLL TECHNOLOGIES

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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