---
title: "Life Cycle Analysis for Polymer Banknotes"
ocid: "ocds-h6vhtk-04c5fc"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c5fc"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c5fc.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c5fc.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2024-12-10"
---

# Life Cycle Analysis for Polymer Banknotes

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-h6vhtk-04c5fc

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c5fc)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04c5fc.json)

## Summary

The Bank of England has completed the procurement process for a contract titled "Life Cycle Analysis for Polymer Banknotes," classified under the CPV code 71620000 for analysis services and further classified under 90700000 for environmental services. The procurement falls under the services category and is located in the UKI region. The procurement stage is at the Award stage, with a contract signed on 1st March 2023. This procurement was carried out using a limited method without prior publication, justified as falling outside the directive's scope due to the contract's modified nature under specific PCR regulations. The contract, valued at GBP 225,063.92, has been awarded to Ricardo-AEA Limited.

This tender offers significant opportunities for businesses specialising in environmental and analysis services, particularly those experienced in life cycle assessments. Large organisations with expertise in handling substantial contracts are well-suited to compete in such tenders, as evidenced by the successful bid from Ricardo-AEA Limited. The specific focus on environmental analysis for polymer banknotes opens avenues for firms involved in sustainability and environmental impact assessments to showcase their strengths and grow their business through high-profile projects from established institutions like the Bank of England.

## Notice

Life Cycle Analysis for Polymer Banknotes.

### Procurement Information

The original contract award fell below the threshold of the PCR 2015 and was subject to a competitive procedure. The contract has subsequently been modified in line with the requirements of PCR regulation 72(1)(b(i) and 72(1)(b)(ii), following an increase in value not exceeding 50% of the value of the original award.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/039742-2024 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 10 Dec 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 1 Mar 2023 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £225,063 |

## 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 | RICARDO-AEA |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services
- 90 - Sewage, refuse, cleaning and environmental services

### Codes

- 71620000 - Analysis services
- 90700000 - Environmental services

## Release History

- 10 Dec 2024 at 11:54 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/039742-2024

## Notice URLs

- http://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-04c5fc. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04c5fc.json.