Award

Office Furniture

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

15 Oct 2025 at 11:51

Summary of the contracting process

The Bank of England initiated a procurement process for a 2-year rental agreement for office furniture, including items such as acoustic pods, team tables, reception desks, and chairs. The procurement falls under the 'goods' category and targets the office furniture industry. This direct procurement was conducted without competition as it was below the threshold. The process has progressed to the award stage, with the contract signed on 15th October 2025, effective until 12th October 2027. The office furniture will be delivered throughout various regions in the United Kingdom, covering UKC to UKK.

This tender presents substantial opportunities for businesses specialising in office furniture rental and related services. SMEs with a focus on efficient delivery and high-quality office furnishings are particularly well-suited to compete in such procurement processes. As the contract has been awarded to Welltek Ltd, it reflects the potential for similar companies to engage in future non-competitive direct procurement opportunities with central government entities like the Bank of England. The established nature of this contract also paves the way for potential growth in the office furniture rental market within the public sector.

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Notice Title

Office Furniture

Notice Description

2 year rental agreement for office furniture including acoustic pods, team tables and reception desks and chairs. Hire price dependent on items hired during the period.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05cd41
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/065568-2025
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

39130000 - Office furniture

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£118,661 £100K-£500K

Notice Dates

Publication Date
15 Oct 20254 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
14 Oct 20254 months ago
Contract Period
14 Oct 2025 - 12 Oct 2027 1-2 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

WELLTEK

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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