---
title: "Skilled Person Review"
ocid: "ocds-b5fd17-cacf420b-b462-403e-be76-633117b48c48"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-cacf420b-b462-403e-be76-633117b48c48"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-cacf420b-b462-403e-be76-633117b48c48.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-cacf420b-b462-403e-be76-633117b48c48.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2024-10-14"
---

# Skilled Person Review

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-cacf420b-b462-403e-be76-633117b48c48

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-cacf420b-b462-403e-be76-633117b48c48)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-cacf420b-b462-403e-be76-633117b48c48.json)

## Summary

The Bank of England has awarded a contract for a Skilled Person Review, under the industry category of Financial Consultancy Services. The procurement was conducted using a call-off from a framework agreement, classifying it as a selective procurement method. This tender covers services to be provided within the United Kingdom, with the contract period starting on 6th July 2023 and ending on 30th May 2025. The award was published on 14th October 2024, increasing the contract value to GBP 635,968 to accommodate additional work. The procurement process is in the Award stage, with the main buyer being the Bank of England, located in London, England.

The Skilled Person Review contract presents significant growth opportunities for businesses that specialise in financial consultancy services. This particular tender is well-suited for small and medium-sized enterprises (SMEs) capable of providing skilled professional resources for detailed financial reviews. The primary supplier for this contract is Ernst & Young Europe LLP, a large-scale enterprise based in London. Engaging in such contracts can help businesses build expertise, expand their portfolio, and secure partnerships with prestigious institutions like the Bank of England.

## Notice

This is a contract variation which extends the existing agreement for the provision of a skilled person resource. It will increase the contract value and adjust the end date to accommodate additional work under the project.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/033872fb-0918-4d26-adc9-da4aab62ca48 |
| 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 | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 Oct 2024 |
| Submission deadline | 23 May 2023 |
| Future notice date | Not specified |
| Award date | 22 May 2023 |
| Contract period | 5 Jul 2023 - 30 May 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,700,000 |
| Lots value | Not specified |
| Awards value | £2,335,968 |
| 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 | 2 |
| Supplier names | ERNST & YOUNG; ERNST & YOUNG EUROPE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 14 Oct 2024 at 11:06 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/033872fb-0918-4d26-adc9-da4aab62ca48
- 14 Dec 2023 at 11:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/7e36939b-b55c-4b86-a8b5-3c513f270e3d

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/033872fb-0918-4d26-adc9-da4aab62ca48
  14th October 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/7e36939b-b55c-4b86-a8b5-3c513f270e3d
  14th December 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-cacf420b-b462-403e-be76-633117b48c48. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-cacf420b-b462-403e-be76-633117b48c48.json.