--- title: "Replacement of Data Collection System (\"BEEDS Replacement\")" ocid: "ocds-b5fd17-c7050d48-3823-4aaf-a709-9bb77e199af3" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c7050d48-3823-4aaf-a709-9bb77e199af3" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c7050d48-3823-4aaf-a709-9bb77e199af3.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-c7050d48-3823-4aaf-a709-9bb77e199af3.json" source: "Contracts Finder" current_stage: "Planning" buyer: "BANK OF ENGLAND" published: "2024-01-23" --- # Replacement of Data Collection System ("BEEDS Replacement") Buyer: BANK OF ENGLAND Current stage: Planning OCID: ocds-b5fd17-c7050d48-3823-4aaf-a709-9bb77e199af3 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c7050d48-3823-4aaf-a709-9bb77e199af3) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c7050d48-3823-4aaf-a709-9bb77e199af3.json) ## Summary The Bank of England intends to replace its existing data collection system and has issued a planning notice for the "Replacement of Data Collection System (BEEDS Replacement)" tender. The Bank aims to go to tender in Q2 2024 to procure a solution that meets its data collection needs. The key milestone for engagement is the deadline for responses, set on 20th February 2024. The procurement falls under the industry category of Software package and information systems, primarily targeting IT services providers. The Bank of England, based in London, United Kingdom, is the buying organisation overseeing this procurement process. This tender presents an opportunity for IT companies specialising in software development and consulting services to compete for the contract. Businesses capable of providing secure data collection platforms are well-suited to bid for this procurement. The Bank's intention is to use the responses to assess the market's capacity, understand feasibility, and evaluate potential costs. Successful bidders will have the chance to support the Bank's future decision-making processes related to improving its data collection capabilities. ## Notice The Bank of England, as the United Kingdom's central bank, exists to ensure both monetary and financial stability. The Bank of England sets interest rates to achieve the inflation target; has responsibility for UK financial stability; is active in a range of financial markets, and issues bank notes. The Bank is intending to go to tender in Q2 2024 to replace its existing provision for a solution to meet the data collection needs of the Bank. The current provision supports a system for collecting data from firms across the UK. Firms are required to submit regular returns to the Bank, which helps the Bank to meet its supervisory obligations. The Bank requires a platform for securely collecting this data. The RFI document can be found at https://supplierlive.proactisp2p.com/Account/Login and includes further detail on the Bank's current working principles, the scope of the capabilities and sub-capabilities to be delivered and outlines the information requested from suppliers. The deadline to respond is 20th February 2024. Additional information: This RFI will be used by the Bank to better understand the feasibility of its requirements, the most appropriate approach to replacing its existing data collection portal, the capacity of the market to deliver and any possible risks or issues that may not have previously been considered. This will allow the Bank to gather and assess responses from the wider market, to then use these responses to facilitate our engagement and support future decision making regarding any future processes. The Bank is also looking to assess the likely costs to enable the Bank to set reasonable budgets for the capabilities it may need. It is not the intent of the Bank to compare responses for the purposes of pre-qualification or short listing. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/537964df-0584-4549-968d-bcf36b1f4a57 | | Notice type | Market Engagement Notice | | Procurement type | Standard | | Procurement category | Not specified | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 23 Jan 2024 | | Submission deadline | Not specified | | Future notice date | 20 Feb 2024 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planning | | Lots status | Not specified | | Awards status | Not specified | | 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 | TLI London | ## CPV Codes ### Divisions - 48 - Software package and information systems - 72 - IT services: consulting, software development, Internet and support ### Codes - 48000000 - Software package and information systems - 72000000 - IT services: consulting, software development, Internet and support ## Release History - 23 Jan 2024 at 15:37 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/537964df-0584-4549-968d-bcf36b1f4a57 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/537964df-0584-4549-968d-bcf36b1f4a57 23rd January 2024 - Early engagement notice on Contracts Finder ## Notice URLs - https://supplierlive.proactisp2p.com/Account/Login ## 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-c7050d48-3823-4aaf-a709-9bb77e199af3. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c7050d48-3823-4aaf-a709-9bb77e199af3.json.