---
title: "Oracle Cloud Implementation"
ocid: "ocds-h6vhtk-0369bf"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0369bf"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0369bf.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0369bf.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2026-01-06"
---

# Oracle Cloud Implementation

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-h6vhtk-0369bf

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0369bf)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0369bf.json)

## Summary

The Bank of England is driving a strategic initiative under its Oracle Cloud Implementation project, with the latest procurement process focusing on securing a strategic integration partner. The aim is to support the technical and change management aspects of this programme, which encompasses the Finance, Procurement, and Recruitment functions. This service procurement falls under the industry category of software implementation services and spans the United Kingdom. The procurement has reached the award update stage as of January 2026, with Version 1 Solutions Ltd emerging as a significant supplier. The contract, active since its signing on 20th June 2023, is valued at approximately £21.5 million GBP, running until the end of August 2029, with significant amendments made to accommodate evolving project needs.

This tender offers substantial opportunities for large-scale enterprises specialising in systems consultancy and software implementation services. Firms with experience in handling comprehensive cloud-based system integrations and who can manage extensive change management programmes would greatly benefit from engaging with this tender. Given the extensiveness of the Oracle Cloud Implementation, there is an opportunity for businesses to collaborate in enhancing the Bank's operational capacities, potentially securing extended contracts beyond the initial 55-month period. The use of a selective procurement process ensures that only highly qualified suppliers are considered, paving the way for mutually beneficial partnerships to drive sustainable business growth.

## Notice

The Bank of England is looking to engage a strategic integration partner to support the implementation of technical and change management aspects of the Oracle Cloud implementation and business change programme.

### Lot Information

Lot 1

The Bank of England is looking to engage a strategic integration partner to support the implementation of technical and change management aspects of the Oracle Cloud implementation and business change programme.

Options: Potential to extend for a further 24 months

Renewal: Possibility to extend for a further 24 months

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/000521-2026 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 6 Jan 2026 |
| Submission deadline | 19 Oct 2022 |
| Future notice date | Not specified |
| Award date | 19 Jun 2023 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £7,000,000 |
| Lots value | £7,000,000 |
| Awards value | Not specified |
| Contracts value | £43,993,554 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## 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 |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | VERSION 1 SOLUTIONS |

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support

### Codes

- 72246000 - Systems consultancy services
- 72263000 - Software implementation services
- 72266000 - Software consultancy services

## Release History

- 6 Jan 2026 at 09:42 - AwardUpdate - Award Notice - https://www.find-tender.service.gov.uk/Notice/000521-2026
- 4 Feb 2025 at 12:30 - AwardUpdate - Award Notice - https://www.find-tender.service.gov.uk/Notice/003625-2025
- 13 Sep 2023 at 09:52 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/027050-2023
- 20 Sep 2022 at 15:48 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/026282-2022

## Notice URLs

- http://www.bankofengland.co.uk
- https://www.bankofengland.co.uk/

## 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-h6vhtk-0369bf. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0369bf.json.