---
title: "Advisory services"
ocid: "ocds-b5fd17-de5b204c-9926-47a7-8d2b-2c195d1bfe70"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-de5b204c-9926-47a7-8d2b-2c195d1bfe70"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-de5b204c-9926-47a7-8d2b-2c195d1bfe70.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-de5b204c-9926-47a7-8d2b-2c195d1bfe70.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2024-11-05"
---

# Advisory services

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-de5b204c-9926-47a7-8d2b-2c195d1bfe70

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-de5b204c-9926-47a7-8d2b-2c195d1bfe70)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-de5b204c-9926-47a7-8d2b-2c195d1bfe70.json)

## Summary

The Bank of England has successfully awarded a contract for advisory services in the banking sector, classified under research and development services and related consultancy services (CPV code 73000000). The procurement method utilised was a competitive quotation (below threshold) with a limited procurement approach. The tender process completed on 10th June 2024, with the contract period set from 17th June 2024 to 16th September 2024. The awarded contract, valued at £60,000, focuses on services to be delivered in England, United Kingdom. Notable deadlines include the contract award date on 11th June 2024 and the publication of the award notice on 5th November 2024. The procurement stage is now at the award phase.

This tender provides significant opportunities for growth for small and medium-sized enterprises (SMEs) specialising in advisory and consultancy services within the banking industry. The Bank of England, a reputable institution, is the buying organisation for this contract, reinforcing credibility and potential for further business engagements. Companies like Savanta Group Ltd, the awarded supplier, have demonstrated the suitability of SMEs to meet the specific requirements of such procurements. Firms experienced in the delivery of research, development, and advisory services will find this type of contract beneficial for bolstering their portfolio and establishing long-term relationships with prominent financial institutions.

## Notice

Advisory services to Banking

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/7f70f224-f839-4e22-88ef-4de9faa03965 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Competitive quotation (below threshold) |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Nov 2024 |
| Submission deadline | 10 Jun 2024 |
| Future notice date | Not specified |
| Award date | 10 Jun 2024 |
| Contract period | 16 Jun 2024 - 16 Sep 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £60,000 |
| Lots value | Not specified |
| Awards value | £60,000 |
| 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 | SAVANTA GROUP |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73000000 - Research and development services and related consultancy services

## Release History

- 5 Nov 2024 at 15:53 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/7f70f224-f839-4e22-88ef-4de9faa03965

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/7f70f224-f839-4e22-88ef-4de9faa03965
  5th November 2024 - 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-de5b204c-9926-47a7-8d2b-2c195d1bfe70. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-de5b204c-9926-47a7-8d2b-2c195d1bfe70.json.