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Tender Assessment Consultancy

BANK OF ENGLAND

This public procurement record has 1 release in its history.

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03 Aug 2026 at 15:57

UK7 - Contract Details Notice
Summary of the contracting process

The Bank of England procured procurement consultancy services for the development of tender commercial modelling and an assessment approach. The work supports the Bank’s procurement activities by helping to structure the commercial analysis of tenders and the method used to assess them. The buying organisation is the Bank of England, a central government public authority based in London. The requirement was treated as a single service package rather than being divided into multiple service areas. This is specialist advisory work for a public-sector procurement function, relevant to consultancies that design tender models, develop evaluation approaches and advise contracting authorities on commercial assessment.

The procurement is complete and the contract was awarded directly without competition under a below-threshold procedure. TWS Partners Limited was selected as the supplier on 3 July 2026. The active contract was signed on that date and runs from 3 July 2026 to 2 September 2026, with a maximum extent date of 1 October 2026. Its value is £100,000 excluding VAT and £120,000 including VAT. The contract includes a one-month optional extension. The award covers procurement consultancy services under CPV 79418000. The contracting process had one completed lot, and the award remains active.

This requirement demonstrates demand from the Bank of England for specialist procurement advice focused on tender commercial modelling and assessment design. Businesses well placed for comparable work would be procurement consultancies able to translate a public body’s commercial objectives into robust tender models and practical evaluation approaches. Credible suppliers would need experience advising procurement teams, shaping assessment methodologies and producing work that can support consistent, defensible tender decisions. The awarded supplier was an SME, indicating that this type of focused consultancy can be delivered by a specialist smaller business rather than only by a large professional-services firm. Relevant competitors should be able to show clear capability in procurement commercial analysis and tender evaluation.

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Notice Information

Notice Title

Tender Assessment Consultancy

Notice Description

The provision of procurement consultancy to the Bank of England for the development of tender commercial modelling and assessment approach.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06da42
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/073323-2026
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79418000 - Procurement consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£100,000 £100K-£500K

Notice Dates

Publication Date
3 Aug 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
3 Jul 2026 - 2 Sep 2026 1-6 months
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
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

Supplier Information

Number of Suppliers
1
Supplier Name

TWS Partners Limited

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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