Award

Provision of Trade Manager and MarkitWire

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

12 Feb 2026 at 15:26

Summary of the contracting process

This public procurement process conducted by the Bank of England involves the provision of Trade Manager and MarkitWire software licenses, classified under the industry category of software package and information systems (CPV 48000000). It is a central government-level procurement, with a contract awarded to Osttra Limited, located at London Fruit and Wool Exchange. The procurement method is below threshold, and the current stage is the award phase, having been completed on 12 February 2026. The contract is valid from 12 February 2026 until 11 February 2031 and covers multiple regions across the United Kingdom.

The contract offers valuable opportunities for businesses specialising in software systems for trade management and information processing. Large-scale organisations in the software industry, especially those capable of delivering advanced software packages, are well-positioned to compete for similar contracts. The Bank of England and Osttra Limited’s collaboration underscores the importance of robust software solutions in government operations, presenting growth prospects for experienced suppliers in this field. The procurement could inspire other businesses to pursue similar opportunities within the public sector to fortify their market presence and expand their client base.

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Notice Title

Provision of Trade Manager and MarkitWire

Notice Description

OSTTRA to provide Trade Manager and MarkitWire License

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0652fd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/013039-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£72,469 Under £100K

Notice Dates

Publication Date
12 Feb 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Feb 20261 weeks ago
Contract Period
12 Feb 2026 - 11 Feb 2031 Over 5 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

OSTTRA

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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