Award

Data Storage and Insight

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

25 Feb 2026 at 14:58

Summary of the contracting process

The recent procurement process by the Bank of England involves the award of a contract titled "Data Storage and Insight" aimed at providing bespoke data storage solutions and analysis services. Located in London, this procurement falls under the services category and has been completed with the award date signed on 1 January 2026. It spans across various regions within the United Kingdom including UKC, UKD, UKE, UKF, UKG, UKH, UKI, UKJ, and UKK, with the main procurement method being below the threshold and classified as unknown. The Bank of England operates as a public authority within central government, offering opportunities for service providers keen on expanding their operations within the analytical data services sector.

This tender presents significant growth opportunities for businesses specialising in data analysis and storage services. It caters well to large-scale enterprises able to meet the bespoke requirements laid out by the Bank of England. The contract's duration throughout 2026 provides ample time for suppliers to establish a foothold in the central government services market. Given the scope of delivery across multiple regions in the UK, it creates potential for businesses looking to expand their geographical reach. The awarded supplier, Investment Property Databank Limited, exemplifies the type of large-scale organisations equipped to compete effectively in this sector.

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Notice Title

Data Storage and Insight

Notice Description

Provision of bespoke data storage solutions and analysis.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-065c42
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/016977-2026
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72316000 - Data analysis services

72317000 - Data storage services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£26,790 Under £100K

Notice Dates

Publication Date
25 Feb 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Jan 20262 months ago
Contract Period
1 Jan 2026 - 31 Dec 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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

INVESTMENT PROPERTY DATABANK LIMITEED

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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