Official UK procurement notice
Banknote Print Machinery Servicing
Authority: BANK OF ENGLAND
What is being bought
Published requirement descriptionServicing of Bank of England banknote printing machines to extend lifespan. Contract Value based on exchange rates at time of award.
CPV: Repair and maintenance services
The lotProcurement structure
single lot · no lot value publishedLot #1AwardedRenewal
Procedure terms & legal framework
From the official record- Procedure method
- Direct award
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 23 May 2025, 16:29 BST
- Last source update
- 4 Mar 2026, 19:46 GMT
- Authority reference
PROC/569- FTS notice number
2026/S 000-019719- Latest notice
- Contract details notice (UK7)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-052473Find a Tender
- Why no open competition
- Single Suppliers Intellectual Property Exclusive Rights; Single Suppliers Technical Reasons
- Published justification
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
How it was run
Official notice- Submission deadline
- —
Timeline
23 May 2025 → 4 Mar 2026 · 5 dates- Planning notice published23 May 2025, 16:29 BST
- Next notice expected9 Jun 2025, 23:59 BST
- Contract starts1 Jul 2025, 00:00 BST
- Standstill ends1 Jul 2025, 23:59 BST
- Latest notice published229 days ago4 Mar 2026, 19:46 GMT
Notice history
7 events · 4 releases on Find a Tender · since 23 May 2025- Pipeline notice published23 May 2025, 16:29 BSTUK1
- Transparency notice published19 Jun 2025, 18:54 BSTUK5
- Status changed to complete19 Jun 2025, 18:54 BST
- Procurement method changed19 Jun 2025, 18:54 BST
- Contract award notice published20 Jun 2025, 15:02 BSTUK6
- Contract signature expected2 Jul 2025, 23:59 BSTscheduled
- Contract details notice published4 Mar 2026, 19:46 GMTUK7
Routine re-releases (4)
- 2025-05: 1 release · 23 May 2025
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Komori Corporation3 Jul 2025 – 4 May 2038 | £13,479,891 | 20 Jun 2025 | Awarded |
Contracts
Contract 1 · Komori Corporation
- Signed
- 29 Jul 2025
- Value
- £13,479,891
- Period
- 29 Jul 2026 – 4 May 2038
- Status
- active
3 agreed KPIs: Completion · Health Checks · Warranty
- Completion
- Health Checks
- Warranty
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Komori CorporationAwarded supplier
Official documents & specifications (5)
Official links; attachments are not copiedTender pack and attachments
- Signed contract 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).
Notices published for this procedure
- Contract details notice Contract details notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Transparency notice Transparency notice on Find a Tender
- Pipeline notice Pipeline notice on Find a Tender