---
title: "Data Standards Review"
ocid: "ocds-b5fd17-70460473-c783-495b-858f-3c4797a94f4b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-70460473-c783-495b-858f-3c4797a94f4b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-70460473-c783-495b-858f-3c4797a94f4b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-70460473-c783-495b-858f-3c4797a94f4b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2023-01-05"
---

# Data Standards Review

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-70460473-c783-495b-858f-3c4797a94f4b

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-70460473-c783-495b-858f-3c4797a94f4b)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-70460473-c783-495b-858f-3c4797a94f4b.json)

## Summary

The Bank of England has awarded a contract for a "Data Standards Review" to Ernst & Young LLP. The review aimed to assess data standards in Financial Services and compile a report for the Bank of England and FCA. The procurement method was through a direct award via framework. The contract value was £100,000, and the contract period lasted from September 26, 2022, to December 16, 2022. The tender process concluded on September 21, 2022, with a tender period ending a week prior.

This procurement process offers opportunities for businesses in the business and management consultancy services sector, particularly those experienced in financial data analysis and reporting. Small and medium enterprises (SMEs) are considered suitable for participation. Businesses suited for this tender should have the capability to review and analyse data standards in Financial Services, with expertise in consulting and preparing detailed reports for regulatory authorities like the Bank of England and the Financial Conduct Authority (FCA).

## Notice

To provide a review of data standards in Financial Services and prepare a report on their findings for the Bank of England and FCA.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c89b1372-d00d-4f40-b828-9361af034f14 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Direct award via framework |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Jan 2023 |
| Submission deadline | 21 Sep 2022 |
| Future notice date | Not specified |
| Award date | 20 Sep 2022 |
| Contract period | 25 Sep 2022 - 16 Dec 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £100,000 |
| Lots value | Not specified |
| Awards value | £100,000 |
| 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 | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ERNST & YOUNG |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 5 Jan 2023 at 15:43 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/c89b1372-d00d-4f40-b828-9361af034f14

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/c89b1372-d00d-4f40-b828-9361af034f14
  5th January 2023 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.bankofengland.co.uk

## 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-b5fd17-70460473-c783-495b-858f-3c4797a94f4b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-70460473-c783-495b-858f-3c4797a94f4b.json.