--- title: "Banknote Print Machinery Servicing" ocid: "ocds-h6vhtk-052473" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-052473" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-052473.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-052473.json" source: "Find A Tender Service" current_stage: "Award" buyer: "BANK OF ENGLAND" published: "2026-03-04" --- # Banknote Print Machinery Servicing Buyer: BANK OF ENGLAND Current stage: Award OCID: ocds-h6vhtk-052473 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-052473) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-052473.json) ## Summary The "Banknote Print Machinery Servicing" contract initiated by the Bank of England pertains to servicing banknote printing machines located in London, United Kingdom, with the aim of extending their lifespan. The procurement, belonging to the 'services' category, utilised a direct award method due to the absence of competition and proprietary rights held by Komori Corporation, thereby eliminating alternatives. The procurement has progressed to the award stage and the contract, valued at approximately GBP 13.5 million (gross GBP 16.2 million), commenced on 2 July 2025 and will run until 3 May 2038. Opportunities for business growth are mainly centred around large-scale suppliers that specialise in repair and maintenance services, particularly where intellectual property or exclusive rights form a barrier to competition. While Komori Corporation has received the direct award, businesses with innovative technologies or solutions related to banknote machinery may explore partnerships or look towards evolving market demands in order to establish a foothold in future tenders from public authorities like the Bank of England. ## Notice Servicing of Bank of England banknote printing machines to extend lifespan. Contract Value based on exchange rates at time of award. ### Procurement Information Single supplier - intellectual property or exclusive rights Single supplier - technical reasons (a)due to the supplier having intellectual property rights or other exclusive rights, only that supplier can supply the goods, services or works required, and (b)there are no reasonable alternatives to those goods, services or works. Single Supplier - technical reasons (a) there is an absence of competition for technical reasons (b) there are no reasonable alternatives to those services which need to be supplied ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/019719-2026 | | Notice type | UK7 - Contract Details Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Direct | | Procurement method details | Direct award | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Planning, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 4 Mar 2026 | | Submission deadline | Not specified | | Future notice date | 9 Jun 2025 | | Award date | 19 Jun 2025 | | Contract period | 28 Jul 2026 - 3 May 2038 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £13,500,000 | | Lots value | Not specified | | Awards value | £13,479,891 | | Contracts value | £13,479,891 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | 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 | TLH3 Essex | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | KOMORI | ## CPV Codes ### Divisions - 50 - Repair and maintenance services ### Codes - 50000000 - Repair and maintenance services ## Release History - 4 Mar 2026 at 19:46 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/019719-2026 - 20 Jun 2025 at 14:02 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/034120-2025 - 19 Jun 2025 at 17:54 - Award - UK5 - Transparency Notice - https://www.find-tender.service.gov.uk/Notice/033871-2025 - 23 May 2025 at 15:29 - Planning - UK1 - Pipeline Notice - https://www.find-tender.service.gov.uk/Notice/026944-2025 ## Documents - https://www.find-tender.service.gov.uk/Notice/019719-2026 4th March 2026 - Contract details notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/034120-2025 20th June 2025 - Contract award notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/033871-2025 19th June 2025 - Transparency notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/026944-2025 23rd May 2025 - Pipeline notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/Attachment/A-12879 Redacted Contract - In line with s94(3) this contract has been redacted to remove information the contracting authority has deemed to be commercially sensitive under s94(1)(b). ## Notice URLs - https://www.komori.com/en/global/ - 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-052473. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-052473.json.