Award

Advisory Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

19 Jan 2026 at 10:35

Summary of the contracting process

The competitive procurement process was led by the Bank of England, a central government public authority based in London, seeking advisory services under contract ID CON/1002020. The procurement, categorised in the business services industry, was concluded with an award. The primary procurement method was unspecified but fell below the threshold, and the contract was finalised on 19 January 2026. The contract spans from 26 November 2025 to 25 November 2026 with possibilities for renewal, entailing a non-committal annual expenditure of £30,000, totalling £90,000 GBP over its life. The Bank of England has chosen PGF Policy Ltd based in Essex as the supplier, signalling a focus on consultancy and advisory capabilities.

This tender provides growth prospects particularly for businesses engaged in law, marketing, consulting, or related business services, as outlined in the procurement category. SME firms, like PGF Policy Ltd, that can offer expertise in advisory and consultancy services stand to benefit from such opportunities. The Bank of England’s willingness to engage an SME underlines the potential for small and medium enterprises to secure contracts within central government procurement frameworks, thereby bolstering their portfolio and market presence in the advisory sector.

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Notice Title

Advisory Services

Notice Description

Advisory Services. PS30K per annum. Non-committal spend.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06086a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/004228-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
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

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£90,000 Under £100K

Notice Dates

Publication Date
19 Jan 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Nov 20252 months ago
Contract Period
26 Nov 2025 - 25 Nov 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

PGF POLICY

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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