---
title: "Provision of Technical Assurance Services"
ocid: "ocds-b5fd17-86191d6e-2596-487e-8f4e-b1f424bdec55"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-86191d6e-2596-487e-8f4e-b1f424bdec55"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-86191d6e-2596-487e-8f4e-b1f424bdec55.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-86191d6e-2596-487e-8f4e-b1f424bdec55.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2022-10-13"
---

# Provision of Technical Assurance Services

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-86191d6e-2596-487e-8f4e-b1f424bdec55

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-86191d6e-2596-487e-8f4e-b1f424bdec55)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-86191d6e-2596-487e-8f4e-b1f424bdec55.json)

## Summary

The Bank of England has recently awarded a contract for the provision of Technical Assurance Services to PricewaterhouseCoopers LLP. The contract involves business and management consultancy services valued at £3,000,000 in the UK. The procurement method used was a selective Restricted procedure, with the tender period ending on March 24, 2022, and the contract running from June 10, 2022, to June 9, 2025.

This opportunity offers potential for businesses in the consultancy and related services industry. Companies with expertise in technical assurance services would be well-suited to compete for this contract. The Bank of England, as the buyer, is seeking suppliers who can provide expert advisory skills to their RTGS Renewal Programme. Businesses looking to grow in the consultancy sector should consider engaging with the Bank of England for future opportunities.

## Notice

A 3 year contract to cover technical assurance services when required. The expectation is that there will be 2 reviews and reports per year with the supplier however there is no commitment to this from the Bank. This will allow the Bank to have access to a suitably experienced supplier to bring expertise and advisory skills to the RTGS Renewal Programme.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ed6b7e60-772f-4fa2-91a9-adf52e3021aa |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure (above threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Oct 2022 |
| Submission deadline | 24 Mar 2022 |
| Future notice date | Not specified |
| Award date | 18 Apr 2022 |
| Contract period | 9 Jun 2022 - 9 Jun 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £3,000,000 |
| Lots value | Not specified |
| Awards value | £500,000 |
| 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 | PRICEWATERHOUSECOOPERS |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 13 Oct 2022 at 14:53 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/ed6b7e60-772f-4fa2-91a9-adf52e3021aa

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/ed6b7e60-772f-4fa2-91a9-adf52e3021aa
  13th October 2022 - 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-b5fd17-86191d6e-2596-487e-8f4e-b1f424bdec55. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-86191d6e-2596-487e-8f4e-b1f424bdec55.json.