---
title: "CBDC Proof of Concept and Research of Offline Payments"
ocid: "ocds-b5fd17-6cf93e95-c5d5-4aa9-a87e-8ddad4210e57"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6cf93e95-c5d5-4aa9-a87e-8ddad4210e57"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6cf93e95-c5d5-4aa9-a87e-8ddad4210e57.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-6cf93e95-c5d5-4aa9-a87e-8ddad4210e57.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2023-04-26"
---

# CBDC Proof of Concept and Research of Offline Payments

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-6cf93e95-c5d5-4aa9-a87e-8ddad4210e57

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## Summary

The Bank of England has awarded a contract for the CBDC Proof of Concept and Research of Offline Payments to Thales UK Limited. The procurement process was completed with a total value of 100,620 GBP. This selective procurement method involved calling off from a framework agreement. The contract period is from January 9th, 2023, to May 8th, 2023. The tender period ended on January 8th, 2023. The buying organisation, Bank of England, located in London, issued this contract in the services category.

This tender awarded by the Bank of England presents opportunities for small and medium-sized enterprises (SMEs) in the software and information systems industry. The contract with Thales UK Limited can lead to business growth by exploring the feasibility of Offline Payments with a future digital currency. Businesses in the technology sector, especially those focused on software packages, could find this tender well-suited for competition. The award date was December 16th, 2022, and the contract is currently active.

## Notice

Proof of Concept work and a final report on the feasibility of Offline Payments with a future digital currency.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b108cab3-7af2-44a6-b043-7bd0a9f8eb27 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 26 Apr 2023 |
| Submission deadline | 8 Jan 2023 |
| Future notice date | Not specified |
| Award date | 16 Dec 2022 |
| Contract period | 9 Jan 2023 - 8 May 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £100,620 |
| Lots value | Not specified |
| Awards value | £100,620 |
| 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 | THALES |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48000000 - Software package and information systems

## Release History

- 26 Apr 2023 at 15:20 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/b108cab3-7af2-44a6-b043-7bd0a9f8eb27

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/b108cab3-7af2-44a6-b043-7bd0a9f8eb27
  26th 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-b5fd17-6cf93e95-c5d5-4aa9-a87e-8ddad4210e57. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6cf93e95-c5d5-4aa9-a87e-8ddad4210e57.json.