Planning

S&P Global RatingsDirect & RatingsExpress

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Planning

09 Dec 2025 at 11:15

UK1 - Pipeline Notice
Summary of the contracting process

The Bank of England is planning a procurement process for the renewal of S&P Global RatingsDirect & RatingsExpress data services, expected to have a gross value of £2,687,916. This process falls under the services category and is classified within the data services industry. The buying organisation, which acts as a public authority within the central government, is based in London, UK. The procurement is currently in the planning stage, with the contract expected to begin on 31st May 2026 and end on 31st May 2030. Prospective suppliers can anticipate a future contract notice around 15th April 2026, providing key timelines and opportunities for engagement.

This procurement presents significant business growth opportunities for companies specialising in data services. Firms with expertise in delivering comprehensive data analytics and related services to public sector organisations are well-suited to compete for this contract. Given the substantial contract value and the prestige of working with the Bank of England, this tender offers potential suppliers not only financial gains but also the advantage of bolstering their reputation within the industry. Businesses that can deliver reliable, innovative, and cost-efficient solutions will stand out as strong contenders in this tender process.

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Notice Information

Notice Title

S&P Global RatingsDirect & RatingsExpress

Notice Description

Renewal of S&P Global RatingsDirect & RatingsExpress

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05f196
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/080976-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK1 - Pipeline Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72300000 - Data services

Notice Value(s)

Tender Value
£2,239,930 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Dec 20252 months ago
Submission Deadline
Not specified
Future Notice Date
15 Apr 20262 months to go
Award Date
Not specified
Contract Period
30 May 2026 - 31 May 2030 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

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

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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