Award

Staff Training - Financial Risk

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

12 Feb 2026 at 10:33

UK7 - Contract Details Notice
Summary of the contracting process

The Bank of England recently completed a procurement process for the delivery of essential staff training related to financial risk, a service aimed at enhancing the organisation's competence in handling financial uncertainties. This procurement falls within the services industry category, specifically focusing on staff training services, and took place in London, United Kingdom. The process was executed using a direct procurement method described as below threshold without competition. The contracting phase transitioned from planning to completion with the award granted on 12th February 2026 to London Financial Studies Limited. The contract, dated for 19th to 21st January 2026, was signed on 10th December 2025 and is valued at £26,100 excluding VAT.

This tender presents a significant opportunity for businesses specialising in educational and professional development services, particularly those offering training in financial risk management. Large organisations or those with expertise in the financial sector may find potential growth in similar procurement processes, as they expand their services into government sectors. Companies with a robust track record in training delivery will be well-suited to compete in this domain, enhancing their market presence and contributing to workforce development. The Bank of England's engagement in this initiative underscores the growing demand within central government bodies for specialised training services.

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Notice Information

Notice Title

Staff Training - Financial Risk

Notice Description

Delivery of essential staff training in relation to financial risk.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-064ea5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/012732-2026
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

80 - Education and training services

CPV Codes

80511000 - Staff training services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£26,100 Under £100K

Notice Dates

Publication Date
12 Feb 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
10 Dec 20252 months ago
Contract Period
19 Jan 2026 - 21 Jan 2026 30 days
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

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
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

LONDON FINANCIAL STUDIES

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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