---
title: "Advisory services"
ocid: "ocds-b5fd17-e572ffe6-dc0e-46e5-a988-303a32854422"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e572ffe6-dc0e-46e5-a988-303a32854422"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e572ffe6-dc0e-46e5-a988-303a32854422.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-e572ffe6-dc0e-46e5-a988-303a32854422.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2024-11-12"
---

# Advisory services

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-e572ffe6-dc0e-46e5-a988-303a32854422

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## Summary

The Bank of England has awarded a contract for advisory services related to Banknote operations. The procurement process, classified under the business and management consultancy services industry category, was conducted using a limited procurement method below the competitive quotation threshold. The procurement process is now in the award stage, with the contract awarded to Efficio Ltd. The advisory services are to be delivered in England, United Kingdom, with the contract period running from 1st July 2024 to 30th September 2024. The total contract value is £167,518.

This tender represents a significant opportunity for businesses specialising in consultancy and advisory services, particularly those catering to financial and governmental sectors. Small and medium-sized enterprises (SMEs) are well-suited to compete for such contracts due to their flexibility and specialised knowledge. Engaging in this contract can help businesses expand their portfolio, increase industry experience, and enhance their reputation by working with a prestigious institution like the Bank of England.

## Notice

Advisory services to Banknote operations

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/323cefd0-5d0f-4e74-8ac2-76785833c3c9 |
| 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 | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Nov 2024 |
| Submission deadline | 3 Jun 2024 |
| Future notice date | Not specified |
| Award date | 26 Jun 2024 |
| Contract period | 30 Jun 2024 - 30 Sep 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £167,518 |
| Lots value | Not specified |
| Awards value | £167,518 |
| 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 | EFFICIO |

## CPV Codes

### Divisions

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

### Codes

- 79410000 - Business and management consultancy services

## Release History

- 12 Nov 2024 at 15:43 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/323cefd0-5d0f-4e74-8ac2-76785833c3c9

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/323cefd0-5d0f-4e74-8ac2-76785833c3c9
  12th 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-e572ffe6-dc0e-46e5-a988-303a32854422. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-e572ffe6-dc0e-46e5-a988-303a32854422.json.