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Fixed Fee Programme

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

Award

07 Oct 2026 at 14:36

UK6 - Contract Award Notice
Award

07 Oct 2026 at 14:27

UK5 - Transparency Notice
Summary of the contracting process

The Bank of England procured its Fixed Fee Programme, covering all messaging and API calls for live and test environments. The requirement is for communications and data transmission services, with associated technology services. Delivery is in the United Kingdom.

The process is complete and SWIFT SC was selected for the contract. The award is valued at €6.4 million, with a contract period from 21 October 2026 to 20 October 2029. The award is dated 7 October 2026. This was a direct award on the stated basis that the service has a sole supplier; the rationale also cites technical reasons and intellectual property or exclusive rights. The procurement was arranged as one lot.

For suppliers preparing for a comparable requirement from the Bank of England, the relevant capability is providing messaging and API services that cover both live and test environments, alongside data transmission and supporting technology services. The outcome indicates that the buyer used a direct award because it considered the service to have a sole supplier, citing technical reasons and intellectual property or exclusive rights. A credible competitor would therefore need to demonstrate that its service can meet the same communications requirement and address the buyer’s technical and rights-related rationale, as well as deliver across both environments. The selected supplier is a large organisation, indicating that the awarded requirement was placed with a supplier operating at substantial scale.

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Notice Information

Notice Title

Fixed Fee Programme

Notice Description

The Fixed Fee Programme includes all messaging and API calls for live and test environments.

Procurement Information

Sole Supplier of this service.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0782d5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/094811-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

64 - Postal and telecommunications services

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

CPV Codes

64210000 - Telephone and data transmission services

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

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£6,400,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Oct 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
7 Oct 20262 weeks ago
Contract Period
21 Oct 2026 - 20 Oct 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

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

SWIFT SC

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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