Additional Network for RTGS

Services

Sectors: Radio, television, communication, telecommunication and related equipment (32)IT Services & Software (72) Delivery: London (UKI)

Planned pipeline valueValue not publishedpipeline notice, not a live tender

Tender notice expected 5 Jan 2026from the planned procurement notice

What is being bought

Published requirement description

The Bank is considering the possibility of delivering an additional secured messaging network to enable participants to connect to the Bank's Real Time Gross Settlement (RTGS) system. The service is aimed to support operational resiliency by providing an additional means of payments messaging alongside that already provided by Swift. An additional network could also support ease of access to central bank money by providing new ways of connecting and leveraging RTGS.

This is a part of the Bank's long-term vision for the renewed RTGS service: to act as an open platform for the UK financial services industry to facilitate safe and efficient settlement in central bank money.

The RFI document can be found at supplierlive.proactisp2p.com/Account/Login ↗ and includes further detail on the Bank's operations and considerations, including the information requested from interested suppliers. The deadline to respond is 16 May 2024 16:00.

CPV: IT services: consulting, software development, Internet and support · Networks

The lotProcurement structure

single lot · no lot value published

Lot #1The Bank is now looking for responses to support discovery work and identification of…Planned

The Bank is now looking for responses to support discovery work and identification of commercial solutions for providing an additional network. The Bank is also looking to assess the likely costs to enable the Bank to set reasonable budgets for the capabilities the network may need.

At this stage, the Bank is seeking only initial insights as to how you might provide such a network solution. It is not the intent of the Bank to compare responses for the purposes of any pre-qualification or short listing. This is a 'Request for Information' only.

Delivery: London

32400000 Networks

Procedure terms & legal framework

From the official record

Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Past planning notice
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Competitive procedure
GPA / WTO covered: Yes (GPA)
Recurring procurement: Unspecified in notice
First published: 16 Apr 2024, 15:49 BST
Last source update: 16 Apr 2024, 15:49 BST
FTS notice number: 2024/S 000-012399
Classification (CPV): IT services: consulting, software development, Internet and supportNetworks
Delivery area: London (UKI)
Official registry OCID: ocds-h6vhtk-0452c5 Find a Tender

How it was run

Official notice

Submission deadline: —

Timeline

16 Apr 2024 → 5 Jan 2026 · 2 dates

Notice published
16 Apr 2024, 15:49 BST
Tender notice expected295 days ago
5 Jan 2026

Commercial outcome & contract awards

Pipeline notice

Awards (0): No award published
Contracts (0): No contract published
Bid statistics: No aggregate bid statistics published

Contracting authority & participating public bodies

BANK OF ENGLAND

Contracting authorityBody governed by public lawEconomic affairs GB-COH: RC000042 Threadneedle Street, LONDON, London, EC2R8AHContact name, email Published organisation website ↗

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.