Award

Internal Restoration Works

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

09 Feb 2026 at 15:42

Summary of the contracting process

The procurement process for the "Internal Restoration Works" at the Bank of England's London site involved direct procurement below the threshold, without competition. This project was classified under the works category, specifically for restoration work based on CPV code 45454100. Initiated on 22nd December 2025 and completed by 28th February 2026, this contract was awarded to Specialist Decorating Contractors Limited, a small to medium-sized enterprise (SME) based in Croydon, UK. The total contract value was £65,400 GBP, and the contract was officially signed on the start date, 22nd December 2025. The procurement occurred under the legal framework provided by the UK Public General Act of 2023.

This tender offers substantial opportunities for businesses specializing in restoration and renovation services, particularly those capable of directly engaging with projects commissioned by central government authorities like the Bank of England. SMEs in the construction and decoration sectors could benefit from such contracts by providing specialised services that cater to the intricate needs of restoration work. The direct procurement method favours firms that have pre-established relationships or proven capabilities, potentially reducing the time and resources required for competitive bidding processes. Furthermore, successful completion of this contract may enhance the company's profile, potentially paving the way for future projects and collaborations with notable public authorities.

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

Internal Restoration Works

Notice Description

Intrusive renovation works at the Bank's Threadneedle Street site

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-064b76
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/011493-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work


CPV Codes

45454100 - Restoration work

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£65,400 Under £100K

Notice Dates

Publication Date
9 Feb 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
22 Dec 20252 months ago
Contract Period
22 Dec 2025 - 28 Feb 2026 1-6 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

SPECIALIST DECORATING CONTRACTORS

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-064b76-2026-02-09T15:42:10Z",
    "date": "2026-02-09T15:42:10Z",
    "ocid": "ocds-h6vhtk-064b76",
    "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-FTS-173920",
            "name": "Specialist Decorating Contractors Limited",
            "address": {
                "streetAddress": "376 Wickham Road",
                "locality": "Croydon",
                "postalCode": "CR0 8BH",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI62"
            },
            "contactPoint": {
                "email": "tbc@specialist.co.uk"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "sme",
                "vcse": false
            }
        }
    ],
    "buyer": {
        "id": "GB-COH-RC000042",
        "name": "BANK OF ENGLAND"
    },
    "tender": {
        "id": "ocds-h6vhtk-064b76",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "Internal Restoration Works",
        "description": "Intrusive renovation works at the Bank's Threadneedle Street site",
        "status": "complete",
        "procurementMethod": "direct",
        "procurementMethodDetails": "Below threshold - without competition",
        "lots": [
            {
                "id": "1",
                "status": "complete"
            }
        ]
    },
    "awards": [
        {
            "id": "1",
            "status": "active",
            "mainProcurementCategory": "works",
            "suppliers": [
                {
                    "id": "GB-FTS-173920",
                    "name": "Specialist Decorating Contractors Limited"
                }
            ],
            "items": [
                {
                    "id": "1",
                    "additionalClassifications": [
                        {
                            "scheme": "CPV",
                            "id": "45454100",
                            "description": "Restoration work"
                        }
                    ],
                    "deliveryAddresses": [
                        {
                            "region": "UKI",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        }
                    ],
                    "relatedLot": "1"
                }
            ],
            "relatedLots": [
                "1"
            ]
        }
    ],
    "contracts": [
        {
            "id": "1",
            "awardID": "1",
            "status": "active",
            "period": {
                "startDate": "2025-12-22T00:00:00Z",
                "endDate": "2026-02-28T23:59:59Z"
            },
            "value": {
                "amountGross": 78480,
                "amount": 65400,
                "currency": "GBP"
            },
            "aboveThreshold": false,
            "dateSigned": "2025-12-22T00:00:00Z",
            "documents": [
                {
                    "id": "011493-2026",
                    "documentType": "contractNotice",
                    "noticeType": "UK7",
                    "description": "Contract details notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/011493-2026",
                    "datePublished": "2026-02-09T15:42:10Z",
                    "format": "text/html"
                }
            ]
        }
    ],
    "language": "en"
}