Award

Corporate Cards

BANK OF ENGLAND

This public procurement record has 3 releases in its history.

Award

10 Feb 2026 at 11:19

Award

22 Dec 2025 at 13:09

Award

10 Dec 2025 at 09:59

Summary of the contracting process

The Bank of England has concluded a procurement process for the provision of corporate cards services, selecting NatWest Group PLC as the supplier. The procurement, under the identifier CON/1002024, fell under the industry category of banking services and was conducted through a direct procurement method, specifically below threshold and without competition. The contract, awarded in the "services" category, commenced on 1st February 2026 and is set to conclude on 31st January 2027. Central to the procurement process were important dates such as the signing of the contract on 16th January 2026, with the relevant regulations governed by the UKPGA 2023/54. This awarded contract is pertinent to the UK region, with the Bank of England's purchasing operations managed from its London headquarters on Threadneedle Street.

This tender presents significant opportunities for businesses engaged in banking and financial services. Companies that specialise in the development and management of corporate cards systems with capabilities for handling throughput transactions are particularly well-suited to similar contracts in the future. While this specific tender is complete, it indicates potential areas of collaboration with central government institutions like the Bank of England. Large-scale service providers with a strong foothold in financial services may find this sector ripe for expansion, especially if they can offer value through cost-efficient and rebate-linked credit card services. This highlights a strategic entry point for financial institutions aiming to secure partnerships with central government entities.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Corporate Cards

Notice Description

Supply of corporate cards services. There is no direct cost to the Bank and annual rebates are provided based on throughput transactions.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05f275
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/011743-2026
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

30 - Office and computing machinery, equipment and supplies except furniture and software packages

66 - Financial and insurance services


CPV Codes

30161000 - Credit cards

66110000 - Banking services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Feb 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Dec 20252 months ago
Contract Period
1 Feb 2026 - 31 Jan 2027 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

NATWEST GROUP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-05f275-2026-02-10T11:19:10Z",
    "date": "2026-02-10T11:19:10Z",
    "ocid": "ocds-h6vhtk-05f275",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-COH-RC000042",
            "name": "BANK OF ENGLAND",
            "identifier": {
                "scheme": "GB-COH",
                "id": "RC000042"
            },
            "additionalIdentifiers": [
                {
                    "scheme": "GB-PPON",
                    "id": "PRDB-1113-HPPT"
                }
            ],
            "address": {
                "streetAddress": "Threadneedle Street",
                "locality": "London",
                "postalCode": "EC2R 8AH",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI31"
            },
            "contactPoint": {
                "email": "askprocurement@bankofengland.co.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "classifications": [
                    {
                        "id": "publicAuthorityCentralGovernment",
                        "scheme": "UK_CA_TYPE",
                        "description": "Public authority - central government"
                    }
                ]
            }
        },
        {
            "id": "GB-COH-SC045551",
            "name": "NATWEST GROUP PLC",
            "identifier": {
                "scheme": "GB-COH",
                "id": "SC045551"
            },
            "additionalIdentifiers": [
                {
                    "scheme": "GB-PPON",
                    "id": "PZLH-2183-VYHD"
                }
            ],
            "address": {
                "streetAddress": "36 St Andrew Square",
                "locality": "Edinburgh",
                "postalCode": "EH2 2YB",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKM75"
            },
            "contactPoint": {
                "email": "FM-059366@rbos.co.uk"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "url": "http://www.natwest.com",
                "scale": "large",
                "vcse": false
            }
        }
    ],
    "buyer": {
        "id": "GB-COH-RC000042",
        "name": "BANK OF ENGLAND"
    },
    "tender": {
        "id": "CON/1002024",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "Corporate Cards",
        "description": "Supply of corporate cards services. There is no direct cost to the Bank and annual rebates are provided based on throughput transactions.",
        "status": "complete",
        "procurementMethod": "direct",
        "procurementMethodDetails": "Below threshold - without competition",
        "lots": [
            {
                "id": "1",
                "status": "complete"
            }
        ]
    },
    "awards": [
        {
            "id": "1",
            "status": "active",
            "value": {
                "amountGross": 0,
                "amount": 0,
                "currency": "GBP"
            },
            "mainProcurementCategory": "services",
            "aboveThreshold": false,
            "suppliers": [
                {
                    "id": "GB-COH-SC045551",
                    "name": "NATWEST GROUP PLC"
                }
            ],
            "items": [
                {
                    "id": "1",
                    "additionalClassifications": [
                        {
                            "scheme": "CPV",
                            "id": "30161000",
                            "description": "Credit cards"
                        },
                        {
                            "scheme": "CPV",
                            "id": "66110000",
                            "description": "Banking services"
                        }
                    ],
                    "deliveryAddresses": [
                        {
                            "region": "UK",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        },
                        {
                            "region": "UK",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        },
                        {
                            "region": "UK",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        }
                    ],
                    "relatedLot": "1"
                }
            ],
            "contractPeriod": {
                "startDate": "2026-02-01T00:00:00Z",
                "endDate": "2027-01-31T23:59:59Z"
            },
            "relatedLots": [
                "1"
            ],
            "documents": [
                {
                    "id": "081330-2025",
                    "documentType": "awardNotice",
                    "noticeType": "UK5",
                    "description": "Transparency notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/081330-2025",
                    "datePublished": "2025-12-10T09:59:39Z",
                    "format": "text/html"
                },
                {
                    "id": "085393-2025",
                    "documentType": "awardNotice",
                    "noticeType": "UK6",
                    "description": "Contract award notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/085393-2025",
                    "datePublished": "2025-12-22T13:09:00Z",
                    "format": "text/html"
                }
            ],
            "milestones": [
                {
                    "id": "1",
                    "type": "futureSignatureDate",
                    "dueDate": "2026-01-01T23:59:59Z",
                    "status": "scheduled"
                }
            ],
            "date": "2025-12-01T00:00:00Z"
        }
    ],
    "language": "en",
    "contracts": [
        {
            "id": "1",
            "awardID": "1",
            "status": "active",
            "period": {
                "startDate": "2026-02-01T00:00:00Z",
                "endDate": "2027-01-31T23:59:59Z"
            },
            "value": {
                "amountGross": 0,
                "amount": 0,
                "currency": "GBP"
            },
            "aboveThreshold": false,
            "dateSigned": "2026-01-16T00:00:00Z",
            "documents": [
                {
                    "id": "011743-2026",
                    "documentType": "contractNotice",
                    "noticeType": "UK7",
                    "description": "Contract details notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/011743-2026",
                    "datePublished": "2026-02-10T11:19:10Z",
                    "format": "text/html"
                }
            ]
        }
    ]
}