---
title: "Posit Software Licenses"
ocid: "ocds-b5fd17-547fb82a-2efe-4573-b852-8d8cfa512724"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-547fb82a-2efe-4573-b852-8d8cfa512724"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-547fb82a-2efe-4573-b852-8d8cfa512724.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-547fb82a-2efe-4573-b852-8d8cfa512724.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2025-09-16"
---

# Posit Software Licenses

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-547fb82a-2efe-4573-b852-8d8cfa512724

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-547fb82a-2efe-4573-b852-8d8cfa512724)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-547fb82a-2efe-4573-b852-8d8cfa512724.json)

## Summary

The Bank of England, located in London, has completed a public procurement process for the provision of Posit Software Licenses, falling under the industry category of software package and information systems. The procurement, with a total value of £319,373.82, was carried out through a selective method as a call-off from a framework agreement. The contract, awarded to Ascent Software (UK) Limited, began on the 1st of September 2025 and will run until the 31st of August 2027. Although the tender stage is complete and the award was announced on the 17th of June 2025, the process represents a substantial financial commitment to enhancing the Bank's software capabilities.

This procurement presents an opportunity for businesses specialising in software licenses and information systems, particularly those capable of engaging in framework agreements, to leverage their offerings for future tenders in similar categories. While Ascent Software (UK) Limited, an SME based in Bristol, was the successful supplier, businesses with similar capabilities may find networking and framework participation beneficial for participating in selective procurement opportunities. This case highlights how non-VCSE and SME designated firms can successfully engage with major financial institutions like the Bank of England, highlighting the potential for business growth through strategic alignment with public sector needs.

## Notice

Provision of Posit Software Licenses.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/06f405aa-450c-46ed-9430-d741e514e7ed |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Sep 2025 |
| Submission deadline | 23 Apr 2025 |
| Future notice date | Not specified |
| Award date | 16 Jun 2025 |
| Contract period | 31 Aug 2025 - 31 Aug 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £319,373 |
| Lots value | Not specified |
| Awards value | £319,373 |
| 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 | ASCENT SOFTWARE (UK |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48000000 - Software package and information systems

## Release History

- 16 Sep 2025 at 14:13 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/06f405aa-450c-46ed-9430-d741e514e7ed

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/06f405aa-450c-46ed-9430-d741e514e7ed
  16th September 2025 - 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-b5fd17-547fb82a-2efe-4573-b852-8d8cfa512724. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-547fb82a-2efe-4573-b852-8d8cfa512724.json.