This public procurement record has 1 release in its history.

Award

23 Sep 2026 at 15:06

Summary of the contracting process

The Bank of England commissioned mechanical and electrical enabling works to support installation of audio-visual equipment. The work is electrical installation and associated mechanical and electrical preparation, rather than the supply of audio-visual equipment itself. The buyer is the Bank of England, and the work is for its requirements in the United Kingdom. The procurement was treated as one lot. The published description gives the purpose and broad scope, but does not provide a breakdown of individual tasks or sites. Suppliers whose work covers building-services enabling activity in support of audio-visual installations are the closest fit.

The procurement is complete and has been awarded to Volmech Limited. The Bank of England used a direct award below the relevant threshold, without competition. The contract was signed on 14 June 2026 and runs from 15 June to 14 November 2026. Its value is £160,000 excluding VAT (£200,000 including VAT). The award is for electrical installation works and relates to a single lot. The available procurement details do not set out a separate evaluation basis or eligibility conditions; the route used did not involve a competed selection. The contract is active, and the award is active.

This award demonstrates demand from the Bank of England for mechanical and electrical enabling work needed to accommodate audio-visual installations. Suppliers best placed to compete when this requirement next comes to market will be able to deliver electrical installation alongside relevant mechanical and electrical preparation, and coordinate that work with an audio-visual installation. The contract was awarded to a small and medium-sized supplier, showing that a smaller specialist business was selected for this requirement. A credible competitor would need the practical capacity to undertake building-services works to the buyer’s requirements and experience supporting equipment installations in an operational building. The procurement was handled as a below-threshold direct award without competition, so this outcome does not establish a competitive scoring model or specific accreditation requirements.

How relevant is this notice?

Notice Information

Notice Title

AV Project M&E Enabling Works

Notice Description

Mechanical and Electrical Enabling works to support the installation of Audio-Visual equipment.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0778d1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/090235-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work


CPV Codes

45310000 - Electrical installation work

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£160,000 £100K-£500K

Notice Dates

Publication Date
23 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
15 Jun 2026 - 14 Nov 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

Volmech Electrical Contractors Limited

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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