Award

FX Transaction Cost Analysis Data and Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

04 Feb 2026 at 13:46

Summary of the contracting process

The Bank of England, a central government public authority, has completed the procurement process titled "FX Transaction Cost Analysis Data and Services." This procurement falls under the services category and involved the provision of foreign exchange services and data analysis. The contracting process was executed through a direct procurement method, below the threshold and without competition. The contract was awarded to New Change Currency Consultants LTD, with the contract active from 1st February 2026 until 31st January 2029. The total contract value is £59,582.00, grossing £71,498.40, and is based in the United Kingdom.

This contract provides significant growth opportunities for businesses specialising in financial services, particularly those with expertise in foreign exchange services and data analysis. Small and medium-sized enterprises (SMEs) in the financial consultancy sector are well-positioned to compete in similar procurement opportunities. Companies capable of offering specialised and tailored data services via online platforms would have a competitive edge in this type of government procurement.

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Notice Title

FX Transaction Cost Analysis Data and Services

Notice Description

FX Transaction Cost Analysis Data and Services Data is downloaded via web login 01/02/2026 - 31/01/2029 Located in UK

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-064700
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010001-2026
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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


CPV Codes

66180000 - Foreign exchange services

72316000 - Data analysis services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£59,582 Under £100K

Notice Dates

Publication Date
4 Feb 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Jan 20264 weeks ago
Contract Period
1 Feb 2026 - 31 Jan 2029 3-4 years
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

NEW CHANGE CURRENCY CONSULTANTS

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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