---
title: "Life Cycle Analysis for Polymer Series Banknotes"
ocid: "ocds-b5fd17-20c906b4-ff14-415e-aaef-1b5dbcbcf7b3"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-20c906b4-ff14-415e-aaef-1b5dbcbcf7b3"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-20c906b4-ff14-415e-aaef-1b5dbcbcf7b3.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-20c906b4-ff14-415e-aaef-1b5dbcbcf7b3.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2023-04-13"
---

# Life Cycle Analysis for Polymer Series Banknotes

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-20c906b4-ff14-415e-aaef-1b5dbcbcf7b3

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-20c906b4-ff14-415e-aaef-1b5dbcbcf7b3)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-20c906b4-ff14-415e-aaef-1b5dbcbcf7b3.json)

## Summary

The Bank of England has awarded a contract for 'Life Cycle Analysis for Polymer Series Banknotes' to Ricardo-AEA Limited. The procurement method used was 'Competitive quotation (below threshold)'. The contract value is £149,054.92, and the contract period is from 1st March 2023 to 28th February 2024. The tender ended on 28th November 2022, with the procurement stage now at the award phase.

This tender offers an opportunity for businesses in the analysis and environmental services sector to engage with the Bank of England. Small and medium-sized enterprises (SMEs) are particularly suited to compete for this contract. The contract location is in England, making it well-suited for businesses based in the United Kingdom seeking growth opportunities in the services category.

## Notice

Cradle to grave environmental life cycle analysis on our polymer series banknotes. The primary objectives being to: - benchmark current practice - understand the environmental impact of each banknote component & process - with a view to informing the H series - target environmental impact reduction initiatives in the near term.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3cf5c40f-b50b-4932-88c1-61f52d5cd69b |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Competitive quotation (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Apr 2023 |
| Submission deadline | 28 Nov 2022 |
| Future notice date | Not specified |
| Award date | 24 Jan 2023 |
| Contract period | 1 Mar 2023 - 28 Feb 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £149,054 |
| Lots value | Not specified |
| Awards value | £149,054 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BANK OF ENGLAND |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2R 8AH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Walbrook |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | RICARDO-AEA |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services
- 72 - IT services: consulting, software development, Internet and support
- 90 - Sewage, refuse, cleaning and environmental services

### Codes

- 71620000 - Analysis services
- 72316000 - Data analysis services
- 90700000 - Environmental services

## Release History

- 13 Apr 2023 at 12:05 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3cf5c40f-b50b-4932-88c1-61f52d5cd69b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3cf5c40f-b50b-4932-88c1-61f52d5cd69b
  13th April 2023 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-20c906b4-ff14-415e-aaef-1b5dbcbcf7b3. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-20c906b4-ff14-415e-aaef-1b5dbcbcf7b3.json.