---
title: "New Payments Architecture - procurement of legal services"
ocid: "ocds-b5fd17-35458da2-b49e-46af-83b8-63c744fe1aa4"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-35458da2-b49e-46af-83b8-63c744fe1aa4"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-35458da2-b49e-46af-83b8-63c744fe1aa4.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-35458da2-b49e-46af-83b8-63c744fe1aa4.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2023-09-12"
---

# New Payments Architecture - procurement of legal services

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-35458da2-b49e-46af-83b8-63c744fe1aa4

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-35458da2-b49e-46af-83b8-63c744fe1aa4)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-35458da2-b49e-46af-83b8-63c744fe1aa4.json)

## Summary

The Bank of England has awarded a contract for the procurement of legal services related to the New Payments Architecture (NPA). The contract, with a value of £40,000 GBP, was awarded to ASHURST LLP. The tender was conducted using a direct procurement method, specifically a Single Tender Action. The contract period spans from 13th January 2023 to 28th February 2023, with a tender deadline on 5th January 2023. The procurement falls under the services category and is suitable for small and medium-sized enterprises.

Businesses specialising in legal services and familiar with the financial industry should consider pursuing opportunities related to the New Payments Architecture. This tender award by the Bank of England showcases a potential for growth in providing legal evaluations for new payment systems. Small and medium-sized enterprises are encouraged to explore similar tenders in the services category that match their expertise and capacity for successful participation in public procurement processes.

## Notice

Procurement of legal services- The Bank requires a legal firm to evaluate the legal risks to the Bank resulting from the introduction of a new payment system called the New Payment Architecture (NPA).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b5f57a08-a429-4ffb-8ac0-6926aaa2cc7b |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Sep 2023 |
| Submission deadline | 5 Jan 2023 |
| Future notice date | Not specified |
| Award date | 5 Jan 2023 |
| Contract period | 13 Jan 2023 - 28 Feb 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £40,000 |
| Lots value | Not specified |
| Awards value | £40,000 |
| 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 | ASHURST |

## CPV Codes

### Divisions

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

### Codes

- 79100000 - Legal services

## Release History

- 12 Sep 2023 at 11:07 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/b5f57a08-a429-4ffb-8ac0-6926aaa2cc7b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/b5f57a08-a429-4ffb-8ac0-6926aaa2cc7b
  12th September 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-b5fd17-35458da2-b49e-46af-83b8-63c744fe1aa4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-35458da2-b49e-46af-83b8-63c744fe1aa4.json.