---
title: "Cost Management Services"
ocid: "ocds-b5fd17-b75145ca-43e2-4f73-883b-2adcb8e977cf"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b75145ca-43e2-4f73-883b-2adcb8e977cf"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b75145ca-43e2-4f73-883b-2adcb8e977cf.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b75145ca-43e2-4f73-883b-2adcb8e977cf.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2025-12-16"
---

# Cost Management Services

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-b75145ca-43e2-4f73-883b-2adcb8e977cf

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## Summary

The procurement process initiated by the Bank of England pertains to the provision of cost management services within the project and design preparation sector. This contract, valued at £48,000, was concluded through a direct procurement method, specifically via a single tender action below the threshold. Located at Threadneedle Street, London, the project aligns with the services category and is classified under CPV code 71242000. Key dates include the tender period ending on 7th November 2025, followed by the contract period spanning from 10th November to 31st December 2025. The award, active as of 7th November 2025, was published on 16th December 2025, signifying the completion of the procurement stage.

This tender presents significant opportunities for businesses in project estimation and design sectors, especially those equipped to provide intricate cost management services. While it may not be particularly suited for SMEs or VCSEs, large enterprises like WSP UK Ltd, which has secured the contract, can leverage such opportunities to augment their portfolio and strengthen relationships with esteemed institutions such as the Bank of England. Companies residing in or around London might find this advantageous due to logistical ease and proximity to the contract site, fostering potential collaborations with the buyer's well-established entity.

## Notice

Provision of Cost Management Services

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a6fefa62-e18e-4da0-9287-4ef2dc0da4f9 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Dec 2025 |
| Submission deadline | 7 Nov 2025 |
| Future notice date | Not specified |
| Award date | 7 Nov 2025 |
| Contract period | 10 Nov 2025 - 31 Dec 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £48,000 |
| Lots value | Not specified |
| Awards value | £48,000 |
| 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 | WSP |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services

### Codes

- 71242000 - Project and design preparation, estimation of costs

## Release History

- 16 Dec 2025 at 15:34 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/a6fefa62-e18e-4da0-9287-4ef2dc0da4f9

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/a6fefa62-e18e-4da0-9287-4ef2dc0da4f9
  16th December 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-b75145ca-43e2-4f73-883b-2adcb8e977cf. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b75145ca-43e2-4f73-883b-2adcb8e977cf.json.