Award

Xpress API

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

07 May 2026 at 08:55

Summary of the contracting process

The procurement process involves the Bank of England, situated in London, acting as the buying organisation for a service contract titled "Xpress API". This contract falls under the services industry category, specifically focusing on data services. It aims to provide firm financial metrics at a group level through the XpressAPI service. The contract, starting on 1st April 2026 and concluding on 31st March 2030, was awarded on 1st April 2026 following a direct procurement method. The procurement process proceeded without competition, falling under the 'Below Threshold' category, and the status of both the tender and contract is marked as complete and active, respectively.

This tender offers substantial opportunities for businesses specialising in data services to expand their footprint in servicing central government agencies. Large firms that have the capacity to deliver comprehensive financial data metrics efficiently stand to benefit significantly from contracts like this. Engaging in such projects can enhance market reputation and establish long-term relationships with prominent governmental bodies such as the Bank of England. The contract's exclusive nature, bypassing competitive procedures, indicates that suppliers with established credibility in delivering high-quality data services are preferred, thereby creating a lucrative business avenue for such enterprises.

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How relevant is this notice?

Notice Title

Xpress API

Notice Description

Service contract to provide supply of firm financial metrics at a group level via XpressAPI. Start - 01/04/2026 End - 31/03/2030

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0692f9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/041752-2026
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

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


CPV Codes

72300000 - Data services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£73,400 Under £100K

Notice Dates

Publication Date
7 May 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Mar 20261 months ago
Contract Period
31 Mar 2026 - 31 Mar 2030 4-5 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
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

S&P GLOBAL MARKET INTELLIGENCE

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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