Planning

Banknote Supply and Services Agreement

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Planning

15 Dec 2025 at 16:42

UK1 - Pipeline Notice
Summary of the contracting process

The Bank of England has initiated a public procurement process titled "Banknote Supply and Services Agreement," concerning the production and delivery of banknotes within the United Kingdom, specifically in the region UKH3. As a key central government public authority, the Bank of England serves as the buying organisation. Currently in the planning stage, this process uses a competitive flexible procedure under the goods category and surpasses the threshold value with a gross amount of £900 million. Interested parties should note the future notice date on 19th January 2026, with the contract period expected from 1st March 2028 to 28th February 2038, and possible extensions until 28th February 2041.

This tender offers significant business opportunities for companies specialising in banknote production and related services. Firms with experience in large-scale manufacturing and delivery within the currency production sector would be well-positioned to compete. The substantial contract value, coupled with a competitive process, suggests potential for considerable growth and long-term collaboration with a prestigious institution like the Bank of England. The planned renewal options further enhance prospects for sustained engagement, making this an attractive proposition for established industry leaders aiming to expand their service offerings and market presence.

How relevant is this notice?

Notice Information

Notice Title

Banknote Supply and Services Agreement

Notice Description

This opportunity relates to the production and delivery of banknotes

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05f615
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/083052-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK1 - Pipeline Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Not Specified
Procurement Method Details
Competitive flexible procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

22 - Printed matter and related products

CPV Codes

22430000 - Banknotes

Notice Value(s)

Tender Value
£750,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Dec 20252 weeks ago
Submission Deadline
Not specified
Future Notice Date
19 Jan 20263 weeks to go
Award Date
Not specified
Contract Period
1 Mar 2028 - 28 Feb 2038 Over 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
TLH3 Essex
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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