---
title: "Location Strategy: Main Works"
ocid: "ocds-h6vhtk-051f69"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-051f69"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-051f69.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-051f69.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "BANK OF ENGLAND"
published: "2026-03-31"
---

# Location Strategy: Main Works

Buyer: BANK OF ENGLAND  
Current stage: Tender  
OCID: ocds-h6vhtk-051f69

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## Summary

The Bank of England, a central government public authority, is undertaking a major procurement for the consolidation and refurbishment of its Threadneedle Street estate in London, United Kingdom. Titled "Location Strategy: Main Works," this tender falls under the industry categories of building construction and engineering works. This open procurement is currently in the tender stage, with important dates including a submission deadline of 15 May 2026. The procurement involves a competitive flexible procedure, with interested suppliers required to participate in a detailed questionnaire and initial tender response, leading to negotiations and final tender submissions.

This tender presents a substantial opportunity for businesses specialising in construction and engineering. The contract is valued at £170 million GBP and spans over four years, with potential extensions. Firms excelling in pre-construction services, infrastructure replacement, or refurbishment of heritage sites will find this tender appealing. The process requires high competence in planning, safety, and cost control, thus favouring well-resourced and experienced main contractors. The Bank's approach to a phased work schedule ensures potential additional or repeat works, further offering businesses growth prospects in this strategic project.

## Notice

The Bank is seeking a highly experienced, appropriately resourced and capable Main Contractor to deliver the Main Works associated with the consolidation and refurbishment of its Threadneedle Street estate, as part of the Bank's Location Strategy Project. The Project represents a significant investment in the long-term stewardship of the Bank's estate and involves the delivery of a complex construction programme. The Bank expects the appointed Main Contractor to demonstrate a high standard of competence in planning, coordination and execution, together with a disciplined approach to safety, quality, programme and cost control The Main Works and associated services included in the scope of this procurement include, but is not limited to: * General pre-construction services; * Section-specific pre-construction services; * General and Section-specific preliminaries; * Works to be delivered in Sections with Sections that cover a wide range of scope, including, but not limited to: o Preparatory Works o Replacement of core infrastructure o Ground Floor o Auditorium o Workplace Floors o Basement Works The exact scope of each Section will be developed during the pre-construction stage. An indicative description of the Sections is set out in the Statement of Requirements. The Bank reserves the right to refine, expand, reduce, or omit the scope, content, and timing of any Section prior to its instruction. No Section will proceed unless and until the Bank issues a formal notice to proceed for that Section. Further details in relation to the Main Works and associated services are set out in the Statement of Requirements provided as part of the associated tender documents. The Bank intends to (and reserves the right to) directly award additional or repeat works that are similar to the works supplied under the contract which is the subject matter of this Tender Notice, in accordance with Schedule 5, paragraph 8 of PA 2023.

### Lot Information

Lot 1

Options: The works themselves will commence in phases as Sections are identified and instructed by the Bank. An indicative description of the Sections is set out in the Statement of Requirements. The Bank reserves the right to refine, expand, reduce, or omit the scope, content, and timing of any Section prior to its instruction. No Section will proceed unless and until the Bank issues a formal notice to proceed for that Section. Further details are set out in the Statement of Requirements provided as part of the associated tender documents.

Renewal: The initial contract term is for 4 years with an option to extend at the Bank's discretion (and in one or more extension periods) up to a further 12 months.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/029574-2026 |
| Notice type | UK4 - Tender Notice |
| Procurement type | Standard |
| Procurement category | Works |
| Procurement method | Open |
| Procurement method details | Competitive flexible procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Planning, Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 Mar 2026 |
| Submission deadline | 15 May 2026 |
| Future notice date | 1 Dec 2025 |
| Award date | Not specified |
| Contract period | 1 Nov 2026 - 31 Oct 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £141,666,666 |
| Lots value | £141,666,666 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Active |
| Awards status | Not specified |
| 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 | TLI4 Inner London - East |

## CPV Codes

### Divisions

- 45 - Construction work

### Codes

- 45210000 - Building construction work
- 45220000 - Engineering works and construction works

## Release History

- 31 Mar 2026 at 11:13 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/029574-2026
- 22 May 2025 at 16:56 - Planning - UK1 - Pipeline Notice - https://www.find-tender.service.gov.uk/Notice/025366-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/029574-2026
  31st March 2026 - Tender notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/025366-2025
  22nd May 2025 - Pipeline notice on Find a Tender
- https://supplierlive.proactisp2p.com/
  Documents to be provided after the tender notice A - Instructions to Suppliers B - Procurement Specific Questionnaire C - Invitation to Tender (including Tender Questions) D - Statement of Requirements E - Pricing Schedule F - Draft Contract G - Supplier Code of Practice H - Freedom of Information Form I - Form of Tender Other Documents - Bank of England Security Schedule Documents are provided on the Bank of England's Procurement portal https://supplierlive.proactisp2p.com/ Due to the sensitive nature of the Threadneedle Street building and associated documentation, interested suppliers are required to complete a non-disclosure agreement in order to access the associated tender documents. Interested suppliers should email tenderteam@bankofengland.co.uk with the reference "PROC/473 LSP - Main Works - NDA Request" within the subject, and confirm the signatory name and e-mail address for the Non-disclosure Agreement, this will then be issued via Docusign.

## Notice URLs

- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-051f69. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-051f69.json.