This public procurement record has 2 releases in its history.

Planning

14 Jul 2026 at 16:03

Planning

09 Apr 2026 at 09:26

Summary of the contracting process

The Bank of England, a central government public authority, is currently in the planning stages for its procurement process entitled "Market Engagement of Payments Roadmap Technology Delivery Partner (TDP)." This initiative lies within the IT services industry, specifically targeting consulting, software development, Internet, and support services. The procurement process is set within the United Kingdom, with a gross project value of £36,000,000. Key dates to note include a premarket engagement deadline on 28th July 2026, where service providers are invited to express their interest. This step is a precursor to further procurement activity aimed at enhancing the newly launched RTGS system, effective from April 2025. The engagement involves a planned contract period from 31st May 2027 to 30th May 2031.

This tender presents a significant opportunity for IT service companies specialising in payments, payment processing, AMH, and SWIFT messaging who are looking to expand their business with large-scale, strategic government projects. The Bank of England is particularly interested in scalable and flexible technological solutions that can support ongoing regulatory, operational, and technology changes. Companies capable of end-to-end innovation in payment messaging and those with established capabilities in the relevant fields are well-suited to compete. Participating in this engagement can provide businesses with a foothold in government contracting and lead to future procurement opportunities as needs evolve.

How relevant is this notice?

Notice Title

Market Engagement of Payments Roadmap Technology Delivery Partner (TDP)

Notice Description

The Bank of England launched the new RTGS system successfully in April 2025. After a year of maintenance and support, enhancements have been identified to ensure the system is running as effectively as possible. The TDP is required to work alongside the Bank of England to align the core settlement product family and to deliver these strategic enhancements. The Bank plans to explore the options from the market along with how the TDP and enhancements could be procured. Particular suitability: -Understand what capabilities exist in the market for payments, payment processing, AMH and SWIFT messaging. -Assess how suppliers support end-to-end innovation in payment messaging. -Identify scalable and flexible approaches that can support future regulatory, operational, and technology change -Inform subsequent discovery and procurement activity This Notice is for information only. The information contained in this notice, including information relating to the nature and scope of the requirements, the estimated value, the service classification of this requirement and the list of CPV codes, is only indicative of current thinking and is neither exhaustive nor binding and the Authority reserves the right at its absolute discretion to amend it at the time of issue of any further notices or at any other time. The publication of this notice in no way obliges the Authority to commence any competitive tender process. The Authority is not and shall not be liable for any costs incurred by those expressing an interest in participating in this premarket engagement exercise.

Planning Information

The Bank of England (Authority) would like Service Providers to express their interest in premarket engagement before 3pm on Tuesday 28th July 2026 by sending an email to RTGSCommercial.Mailbox@bankofengland.co.uk. Please title your e--mail "Market Engagement of Payments Roadmap Technology Delivery Partner CD-2337" and include the following detail in your message: - Quoting Reference - 'Market Engagement of Payments Roadmap Technology Delivery Partner CD-2337' - Full name - Company/organisation name - Contact details (E-mail and phone number) In return we will send you a Non-Disclosure Agreement (NDA) to sign and, following receipt of an NDA, an invitation to a premarket engagement event.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067e7e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/066395-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£30,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jul 20261 months ago
Submission Deadline
Not specified
Future Notice Date
31 Jul 2026Expired
Award Date
Not specified
Contract Period
31 May 2027 - 30 May 2031 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

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
Postcode Area
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

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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