Award

Thermal Insulation Repairs

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

17 Oct 2025 at 10:49

Summary of the contracting process

The Bank of England recently completed a procurement process for "Thermal Insulation Repairs" at its Threadneedle Street office in London, classified under the industry's repair and maintenance services category. The procurement, now in the contract stage, was awarded without competition under a direct procurement method on 28th September 2025, and the service contract is set to run from 29th September 2025 to 28th September 2027. The contract's total value is £200,000, with DJ Wright Insulation Limited, an SME based in Essex, serving as the supplier. The tender aligns with UKPGA legal standards, referenced under 2023/54, and addresses public authority central government needs.

This procurement represents a significant opportunity for SMEs specialising in repair and maintenance services, highlighting the potential for growth through direct contracts with central government bodies like the Bank of England. Businesses capable of delivering high-quality thermal insulation repairs without engaging in a competitive bidding process are particularly well-suited for such opportunities, especially those located in the UK. Collaborating on similar projects can bolster a company's portfolio and pave the way for future government contracts, reinforcing its market position and expanding its reach within the sector.

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Notice Title

Thermal Insulation Repairs

Notice Description

Thermal Insulation Repairs to the Banks Threadneedle Street office

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05ceb0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/066251-2025
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

50 - Repair and maintenance services


CPV Codes

50000000 - Repair and maintenance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£166,666 £100K-£500K

Notice Dates

Publication Date
17 Oct 20254 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Sep 20254 months ago
Contract Period
28 Sep 2025 - 28 Sep 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

DJ WRIGHT INSULATION

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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