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plannedFind a Tender · planning

Additional Network for RTGS

Buyer: BANK OF ENGLAND →

BuyerBANK OF ENGLAND
Statusplanned
DeadlineNot published
ValueValue not published
Published16 Apr 2024

What is being bought

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 https://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.

Delivery location

UKI

Categories

Networks 32400000IT services: consulting, software development, Internet and support 72000000

Lot details

Lot 1

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.

Statusplanned

What is included

ItemCategoryQuantity
1NetworksNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 32. The category anchor is Networks (32400000); 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 321,9273 median · 35.4 average (704 of 1,927 with a bid count)3.8 average (812 of 1,927 with named award suppliers)Not published
Same buyer1Not publishedNot publishedNot published
Delivery region: UKI1463 median · 11.9 average (49 of 146 with a bid count)1.8 average (60 of 146 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 byGPA
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.

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-0452c5
Latest release ID012399-2024
Latest release timestampTue Apr 16 2024 14:49:59 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statusplanned
Procurement methodNot published
Procurement method detailsNot published
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 release0
Contracts in latest release0
Parties in latest release1

Notice history

DateEventReference
16 Apr 2024planning012399-2024

All source data

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

Complete current OCDS release JSON
{
  "id": "012399-2024",
  "tag": [
    "planning"
  ],
  "date": "2024-04-16T15:49:59+01:00",
  "ocid": "ocds-h6vhtk-0452c5",
  "buyer": {
    "id": "GB-COH-RC000042",
    "name": "BANK OF ENGLAND"
  },
  "tender": {
    "id": "ocds-h6vhtk-0452c5",
    "lots": [
      {
        "id": "1",
        "status": "planned",
        "description": "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.\nAt 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."
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKI"
          }
        ],
        "additionalClassifications": [
          {
            "id": "32400000",
            "scheme": "CPV",
            "description": "Networks"
          }
        ]
      }
    ],
    "title": "Additional Network for RTGS",
    "status": "planned",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "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. \nThis 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.\nThe RFI document can be found at https://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.",
    "communication": {
      "futureNoticeDate": "2026-01-05T00:00:00Z"
    },
    "classification": {
      "id": "72000000",
      "scheme": "CPV",
      "description": "IT services: consulting, software development, Internet and support"
    },
    "mainProcurementCategory": "services"
  },
  "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/Login",
        "name": "Gavin Pais",
        "email": "Gavin.Pais@bankofengland.co.uk"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}
Complete JSON history (1 releases)
16 Apr 2024 · 012399-2024 · planning
{
  "id": "012399-2024",
  "tag": [
    "planning"
  ],
  "date": "2024-04-16T15:49:59+01:00",
  "ocid": "ocds-h6vhtk-0452c5",
  "buyer": {
    "id": "GB-COH-RC000042",
    "name": "BANK OF ENGLAND"
  },
  "tender": {
    "id": "ocds-h6vhtk-0452c5",
    "lots": [
      {
        "id": "1",
        "status": "planned",
        "description": "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.\nAt 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."
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKI"
          }
        ],
        "additionalClassifications": [
          {
            "id": "32400000",
            "scheme": "CPV",
            "description": "Networks"
          }
        ]
      }
    ],
    "title": "Additional Network for RTGS",
    "status": "planned",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "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. \nThis 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.\nThe RFI document can be found at https://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.",
    "communication": {
      "futureNoticeDate": "2026-01-05T00:00:00Z"
    },
    "classification": {
      "id": "72000000",
      "scheme": "CPV",
      "description": "IT services: consulting, software development, Internet and support"
    },
    "mainProcurementCategory": "services"
  },
  "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/Login",
        "name": "Gavin Pais",
        "email": "Gavin.Pais@bankofengland.co.uk"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}