---
title: "Provision of Portfolio Reconciliation and Collateral Margin Management"
ocid: "ocds-h6vhtk-05e9d0"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05e9d0"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05e9d0.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05e9d0.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2026-02-12"
---

# Provision of Portfolio Reconciliation and Collateral Margin Management

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-h6vhtk-05e9d0

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-05e9d0.json)

## Summary

The Bank of England, a central government public authority located in London, has completed the procurement process for the provision of a Portfolio Reconciliation and Collateral Margin Management License. This process, initiated via a direct award due to the exclusive rights held by Osttra Limited, is in the award stage as of 12 February 2026. The contract, valued at £722,183.08, commences on 13 February 2026 and concludes on 12 February 2031. The procurement falls under the goods category, specifically software packages and information systems, with delivery covering multiple regions across the United Kingdom.

This procurement offers significant growth opportunities for businesses in software development and system integration, particularly those specialising in financial services technology. Due to the exclusivity based on intellectual property rights, Osttra Limited was selected as the supplier, highlighting the importance of innovation and proprietary solutions in securing contracts with the Bank of England. Companies possessing similar intellectual property or specialist capabilities could position themselves to support additional functions or future procurement exercises by public authorities.

## Notice

Provision of Portfolio Reconciliation and Collateral Margin Management License

### Procurement Information

(a)due to a particular 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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/013017-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Direct |
| Procurement method details | Direct award |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Feb 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 5 Nov 2025 |
| Contract period | 13 Feb 2026 - 12 Feb 2031 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £722,183 |
| Contracts value | £722,183 |

## 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 | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | OSTTRA |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48000000 - Software package and information systems

## Release History

- 12 Feb 2026 at 15:11 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/013017-2026
- 28 Nov 2025 at 09:42 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/077946-2025
- 27 Nov 2025 at 09:20 - Award - UK5 - Transparency Notice - https://www.find-tender.service.gov.uk/Notice/077497-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/013017-2026
  12th February 2026 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/077946-2025
  28th November 2025 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/077497-2025
  27th November 2025 - Transparency notice on Find a Tender

## 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-05e9d0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05e9d0.json.