Award

Advisory Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

05 Nov 2025 at 14:27

Summary of the contracting process

The recent procurement process led by the Bank of England, located at Threadneedle Street, London, involves the provision of Marketing and Communication Advisory Services under the title "Advisory Services". This contract falls under the services industry category and has been completed with a direct procurement method below the threshold, meaning it did not involve formal competition. The process was finalised with an award to Eight and Four Ltd, a small to medium enterprise based in London. Key dates include the contract's start on 13th September 2025, with an end date set for 12th September 2026, and potential for a six-month extension if required. The procurement serves various locations across the United Kingdom and aligns with a legal basis set in UK legislation 2023/54.

This tender represents a strategic opportunity for businesses specialising in marketing services, particularly those adept in providing advisory functions to central government authorities. Small to medium enterprises (SMEs), like Eight and Four Ltd, that can effectively deliver bespoke communication strategies and marketing solutions might find such contracts highly beneficial for growth and visibility in the public sector. Engaging in direct contracts with an institution like the Bank of England enhances the business profile and offers prolonged engagement potential through contract extensions, fostering long-term business relationships and financial stability.

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Notice Title

Advisory Services

Notice Description

Marketing and Communication Advisory Services

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05db0e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/071296-2025
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

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79342000 - Marketing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£175,000 £100K-£500K

Notice Dates

Publication Date
5 Nov 20253 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Sep 20255 months ago
Contract Period
12 Sep 2025 - 12 Sep 2026 6-12 months
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

EIGHT AND FOUR

Open Contracting Data Standard (OCDS)

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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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