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AwardedFind a Tender · award

Accounting Software

Buyer: BANK OF ENGLAND →

BuyerBANK OF ENGLAND
StatusAwarded
DeadlineNot published
ValueValue not published
Published14 Jan 2025

What is being bought

Award to supply a new Accounting Software system to meet statutory requirements. The contract will be a 2-year initial term with the option to extend for 1 year.

Delivery location

UKI

Categories

Software package and information systems 48000000IT services: consulting, software development, Internet and support 72000000Energy-management services 71314200

Lot details

Lot 1

An Accounting Software system to meet statutory requirements.

Statuscancelled

Award criteria
price

What is included

ItemCategoryQuantity
1Software package and information systems, IT services: consulting, software development, Internet and supportNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 48. The category anchor is Software package and information systems (48000000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 486,8361 median · 9.6 average (2,487 of 6,836 with a bid count)1.7 average (2,926 of 6,836 with named award suppliers)Not published
Same buyer126.5 median · 91.5 average (4 of 12 with a bid count)5.3 average (7 of 12 with named award suppliers)Not published
Delivery region: UKI4431 median · 8.8 average (158 of 443 with a bid count)1.9 average (190 of 443 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

001130-2025-CON/1001690-1

Statusactive
Value£160,000

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-0487f2
Latest release ID001130-2025
Latest release timestampTue Jan 14 2025 10:33:26 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methodopen
Procurement method detailsOpen procedure
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release1
Parties in latest release3

Notice history

DateEventReference
14 Jan 2025award, contract001130-2025
6 Aug 2024tender024633-2024

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
{
  "id": "001130-2025",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 7,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2025-01-14T10:33:26Z",
  "ocid": "ocds-h6vhtk-0487f2",
  "buyer": {
    "id": "GB-COH-RC000042",
    "name": "BANK OF ENGLAND"
  },
  "awards": [
    {
      "id": "001130-2025-CON/1001690-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-134867",
          "name": "Normative AB"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "ocds-h6vhtk-0487f2",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "An Accounting Software system to meet statutory requirements.",
        "awardCriteria": {
          "criteria": [
            {
              "type": "price"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKI"
          }
        ],
        "additionalClassifications": [
          {
            "id": "48000000",
            "scheme": "CPV",
            "description": "Software package and information systems"
          },
          {
            "id": "72000000",
            "scheme": "CPV",
            "description": "IT services: consulting, software development, Internet and support"
          }
        ]
      }
    ],
    "title": "Accounting Software",
    "status": "complete",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "Award to supply a new Accounting Software system to meet statutory requirements.\nThe contract will be a 2-year initial term with the option to extend for 1 year.",
    "classification": {
      "id": "71314200",
      "scheme": "CPV",
      "description": "Energy-management services"
    },
    "procurementMethod": "open",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-COH-RC000042",
      "name": "BANK OF ENGLAND",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI31",
        "locality": "LONDON",
        "postalCode": "EC2R8AH",
        "countryName": "United Kingdom",
        "streetAddress": "Threadneedle Street"
      },
      "details": {
        "url": "https://www.bankofengland.co.uk/",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
          }
        ]
      },
      "identifier": {
        "id": "RC000042",
        "scheme": "GB-COH",
        "legalName": "BANK OF ENGLAND"
      },
      "contactPoint": {
        "name": "Technology Procurement Team",
        "email": "Technology.Contracts@bankofengland.co.uk"
      }
    },
    {
      "id": "GB-FTS-134867",
      "name": "Normative AB",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "SE",
        "locality": "Stockholm",
        "countryName": "Sweden",
        "streetAddress": "Folkungagatan 44, 118 26"
      },
      "details": {
        "scale": "sme"
      },
      "identifier": {
        "id": "556967-7361",
        "legalName": "Normative AB",
        "schemeEntered": "Normative AB"
      }
    },
    {
      "id": "GB-FTS-136",
      "name": "High Court of England and Wales",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "High Court of England and Wales"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "001130-2025-CON/1001690-1",
      "value": {
        "amount": 160000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "001130-2025-CON/1001690-1",
      "dateSigned": "2024-11-18T00:00:00Z"
    }
  ],
  "initiationType": "tender"
}
Complete JSON history (2 releases)
14 Jan 2025 · 001130-2025 · award, contract
{
  "id": "001130-2025",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 7,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2025-01-14T10:33:26Z",
  "ocid": "ocds-h6vhtk-0487f2",
  "buyer": {
    "id": "GB-COH-RC000042",
    "name": "BANK OF ENGLAND"
  },
  "awards": [
    {
      "id": "001130-2025-CON/1001690-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-134867",
          "name": "Normative AB"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "ocds-h6vhtk-0487f2",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "An Accounting Software system to meet statutory requirements.",
        "awardCriteria": {
          "criteria": [
            {
              "type": "price"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKI"
          }
        ],
        "additionalClassifications": [
          {
            "id": "48000000",
            "scheme": "CPV",
            "description": "Software package and information systems"
          },
          {
            "id": "72000000",
            "scheme": "CPV",
            "description": "IT services: consulting, software development, Internet and support"
          }
        ]
      }
    ],
    "title": "Accounting Software",
    "status": "complete",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "Award to supply a new Accounting Software system to meet statutory requirements.\nThe contract will be a 2-year initial term with the option to extend for 1 year.",
    "classification": {
      "id": "71314200",
      "scheme": "CPV",
      "description": "Energy-management services"
    },
    "procurementMethod": "open",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-COH-RC000042",
      "name": "BANK OF ENGLAND",
      "roles": [
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      ],
      "address": {
        "region": "UKI31",
        "locality": "LONDON",
        "postalCode": "EC2R8AH",
        "countryName": "United Kingdom",
        "streetAddress": "Threadneedle Street"
      },
      "details": {
        "url": "https://www.bankofengland.co.uk/",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
          }
        ]
      },
      "identifier": {
        "id": "RC000042",
        "scheme": "GB-COH",
        "legalName": "BANK OF ENGLAND"
      },
      "contactPoint": {
        "name": "Technology Procurement Team",
        "email": "Technology.Contracts@bankofengland.co.uk"
      }
    },
    {
      "id": "GB-FTS-134867",
      "name": "Normative AB",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "SE",
        "locality": "Stockholm",
        "countryName": "Sweden",
        "streetAddress": "Folkungagatan 44, 118 26"
      },
      "details": {
        "scale": "sme"
      },
      "identifier": {
        "id": "556967-7361",
        "legalName": "Normative AB",
        "schemeEntered": "Normative AB"
      }
    },
    {
      "id": "GB-FTS-136",
      "name": "High Court of England and Wales",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "High Court of England and Wales"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "001130-2025-CON/1001690-1",
      "value": {
        "amount": 160000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "001130-2025-CON/1001690-1",
      "dateSigned": "2024-11-18T00:00:00Z"
    }
  ],
  "initiationType": "tender"
}
6 Aug 2024 · 024633-2024 · tender
{
  "id": "024633-2024",
  "tag": [
    "tender"
  ],
  "date": "2024-08-06T10:52:48+01:00",
  "ocid": "ocds-h6vhtk-0487f2",
  "buyer": {
    "id": "GB-COH-RC000042",
    "name": "BANK OF ENGLAND"
  },
  "tender": {
    "id": "REQ/1000260",
    "lots": [
      {
        "id": "1",
        "status": "active",
        "renewal": {
          "description": "The contract will be a 2-year initial term with the option to extend for 1 year."
        },
        "hasOptions": false,
        "hasRenewal": true,
        "description": "An Energy Accounting Software system to meet statutory requirements.",
        "contractPeriod": {
          "durationInDays": 1080
        },
        "submissionTerms": {
          "variantPolicy": "notAllowed"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKI"
          }
        ],
        "additionalClassifications": [
          {
            "id": "48000000",
            "scheme": "CPV",
            "description": "Software package and information systems"
          },
          {
            "id": "72000000",
            "scheme": "CPV",
            "description": "IT services: consulting, software development, Internet and support"
          },
          {
            "id": "90714000",
            "scheme": "CPV",
            "description": "Environmental auditing"
          }
        ]
      }
    ],
    "title": "Energy Accounting Software",
    "status": "active",
    "bidOpening": {
      "date": "2024-09-04T13:00:00+01:00"
    },
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "awardPeriod": {
      "startDate": "2024-09-04T13:00:00+01:00"
    },
    "description": "The Bank of England (\"the Bank\") wishes to engage a supplier to supply a new Energy Accounting Software system to meet statutory requirements.\nThe contract will be a 2-year initial term with the option to extend for 1 year.",
    "tenderPeriod": {
      "endDate": "2024-09-04T12:00:00+01:00"
    },
    "hasRecurrence": true,
    "classification": {
      "id": "71314200",
      "scheme": "CPV",
      "description": "Energy-management services"
    },
    "submissionTerms": {
      "languages": [
        "en"
      ],
      "bidValidityPeriod": {
        "durationInDays": 90
      }
    },
    "submissionMethod": [
      "electronicSubmission"
    ],
    "participationFees": [
      {
        "id": "1",
        "type": [
          "document"
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      }
    ],
    "procurementMethod": "open",
    "selectionCriteria": {
      "criteria": [
        {
          "type": "economic",
          "appliesTo": [
            "supplier"
          ],
          "description": "Selection criteria as stated in the procurement documents."
        },
        {
          "type": "technical",
          "appliesTo": [
            "supplier"
          ],
          "description": "Selection criteria as stated in the procurement documents"
        }
      ]
    },
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "https://supplierlive.proactisp2p.com/Account/Login",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-COH-RC000042",
      "name": "BANK OF ENGLAND",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI31",
        "locality": "LONDON",
        "postalCode": "EC2R8AH",
        "countryName": "United Kingdom",
        "streetAddress": "Threadneedle Street"
      },
      "details": {
        "url": "https://www.bankofengland.co.uk/",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
          }
        ]
      },
      "identifier": {
        "id": "RC000042",
        "scheme": "GB-COH",
        "legalName": "BANK OF ENGLAND"
      },
      "contactPoint": {
        "url": "https://supplierlive.proactisp2p.com/Account/Registration/Register",
        "name": "Melanie Bailey",
        "email": "Technology.contracts@bankofengland.co.uk"
      }
    },
    {
      "id": "GB-FTS-136",
      "name": "High Court of England and Wales",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "High Court of England and Wales"
      }
    }
  ],
  "language": "en",
  "description": "The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). Candidates are advised this procurement will be conducted via the Bank's e-tendering portal, Proactis, which can be accessed via the following website. The event number is REQ/1000260\nhttps://supplierlive.proactisp2p.com/Account/Login\n1. Please register for a user account to gain access to the procurement documentation for this opportunity. If you are already registered, and are unable to find the event, then please carry out the second point.\n2. Send an e-mail to: Technology.contracts@bankofengland.co.uk to be added to the event. Please title your e-mail \"REQ/1000260 Energy Accounting Software Tender\" and include the full Company name and Organisation ID from Proactis, to allow us to attach you to the tender.",
  "initiationType": "tender"
}