Official UK procurement notice
Data Collection Services (Re procurement of the Bank of England's Electronic Data System, BEEDS)
Authority: BANK OF ENGLAND
What is being bought
Published requirement descriptionBEEDS is the Bank's current strategic data collection system and is the primary digital gateway for collecting regulatory and statistical data from our firms. The system underpins a very large number of critical data collections and is relied on daily by firms and teams across the Bank. The Bank plans to update and modernise our data collection capabilities with the new data collection platform and associated data modelling and toolsets. The Bank will also require XBRL validation processing services and professional services to deploy the new Data Collection System and to migrate some existing data.
Note an earlier RFI was published and earlier engagement on BEEDS took place in 2024. Operational reasons then delayed further procurement activity until this year.
CPV: Data management services · Data-acquisition system · Data-processing services · Software implementation services · Systems and technical consultancy services
The lotProcurement structure
single lot · no lot value publishedPipeline intelligence · planning stage: how this market runs before the tender is published
How BANK OF ENGLAND buys Software-related services (CPV 7226), and who usually turns up
BANK OF ENGLAND’s own published record, next to the published market for the same work. Frameworks and DPS are kept out: they attract a different number of bids. Whole-market view: Software-related services (CPV 7226) →
How the contest usually goes
Winner shares use published awards; bid and price charts use contested lots.
i
How often small and medium firms win.
Share of awards where the winner’s size is known.
The counts under this question show how many awards have a known supplier size.
Small firms have won here. Neither number says whether you qualify; it describes who has been winning.
i
How often local firms win similar work.
Winners with a registered address in the delivery region, out of awards with a known address.
Here, local means registered in Greater London.
A local branch does not count if the registered address is elsewhere.
Most of this buyer’s recorded winners are registered in Greater London.
i
How long buyers here take to decide after bids close.
Middle value in days from the deadline to the first award notice, on competitions that published both dates.
Only decided tenders count, so slow ones still waiting are not in.
Half of these awards were announced within 111 days of the bid deadline.
i
How often work is awarded with no recorded rival.
Direct awards and tenders where every published lot count shows one bid.
Both shares are minimums: some awards have no bid count.
Thin markets produce this too; it is not proof of a tailored specification.
Direct awards or one recorded bid are common here. Check the route before spending time on a bid.
How many bids did past lots attract?
i
How many bids past lots received.
Each colour is a bid-count range. Only competed lots with a published count are included.
Past bids do not predict this tender.
1 bid17% / 0%
2–30% / 38%
4–667% / 0%
7+17% / 63%
How did awards compare with estimates?
i
Where winning prices landed against estimates.
Each colour shows awards below, close to or above the published estimate, one lot at a time.
Past prices are a guide, not a bid price.
Below estimate57%
Within ±2%0%
Above estimate43%
Assess each lot i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
Open a lot for its forecast, this buyer’s previous supplier and possible competitors, from published award history, not a bid list
Lot #1CPV 7226Published estimate£20m
i
How many bids this lot may attract.
The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.
Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative. The bar shows 162 past lots.
A forecast, not a list of bidders.
1 bid7%
2–332%
4–629%
7+31%
i
Where the award price may land.
The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.
No comparable awards for this lot yet.
A statistical guide from past awards, not a price to bid.
Who has supplied this buyer on similar work? i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
No earlier contract of this buyer matches this lot on the published record.
Who could compete for this lot? i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
Candidate suppliers for this notice have not been worked out yet, so this is not a verdict that nobody fits.
About this data
- Source. Official UK public procurement notices (Find a Tender), reused under the Open Government Licence v3.0. New notices arrive through the day; the figures are rebuilt nightly.
- Two views, kept apart. The authority’s own track record and the wider market for the same kind of work sit side by side and are never mixed. Where the local picture is too thin, a figure widens to a broader market and says which one it used.
- Forecasts are labelled. The price forecast and its range, possible competitors and the earlier-work matches are our estimates from past awards: not published facts, not win chances and not price advice. Official notices do not say who is bidding.
- Every figure shows what it rests on. Not every notice publishes a bid count, a value or a delivery region, so each figure carries the number of records behind it, and one built on few records is marked as such. The on a figure explains it; the counting rules are in the methodology. Spotted something wrong? Tell us.
Procedure terms & legal framework
From the official record- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Planned procurement
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 9 Dec 2025, 10:28 GMT
- Last source update
- 9 Oct 2026, 16:51 BST
- Authority reference
BEEDS XBRL Re-procurement TECH 189- FTS notice number
2026/S 000-095831- Latest notice
- Preliminary market engagement notice (UK2)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-05f179Find a Tender
How it was run
Official notice- Submission deadline
- —
Timeline
9 Dec 2025 → 1 May 2027 · 5 dates- Planning notice published316 days ago9 Dec 2025, 10:28 GMT
- Market engagement81 days ago31 Jul 2026, 23:59 BST
The Bank of England (Authority) would like Service Providers to express their interest in premarket engagement before 3pm on 18th September 2026 by sending an email to [email protected] . Please title your e--mail "BEEDS XBRL Re-procurement TECH 189". Non-disclosure agreements must be signed prior to attendance at any supplier engagement event.
Please include the following detail in your message: -
- Quoting Reference - BEEDS XBRL Re-Procurement TECH 189
- Full name
- Company/organisation name
- Contact details (E-mail and phone number)
Please also state you Organisation ID if you have an existing ProActis account with the Bank of England.
In return we will send you a Non-Disclosure Agreement (NDA) to sign and following receipt of an NDA an invitation to a premarket engagement event.
This Notice is for information only.
The information contained in this notice, including information relating to the nature and scope of the requirements, the estimated value, the service classification of this requirement and the list of CPV codes, is only indicative of current thinking and is neither exhaustive nor binding and the Authority reserves the right at its absolute discretion to amend it at the time of issue of any further notices or at any other time. The publication of this notice in no way obliges the Authority to commence any competitive tender process. The Authority is not and shall not be liable for any costs incurred by those expressing an interest in participating in this premarket engagement exercise.
- Latest notice published12 days ago9 Oct 2026, 16:51 BST
- Today21 Oct 2026
- Tender notice expectedin 112 days9 Feb 2027, 23:59 GMT
- Contract startsin 192 days1 May 2027, 00:00 BST
Notice history
4 events · 3 releases on Find a Tender · since 9 Dec 2025- Pipeline notice published9 Dec 2025, 10:28 GMTUK1
- Preliminary market engagement notice published8 Jun 2026, 16:20 BSTUK2
- Published value updated to £20,000,0008 Jun 2026, 16:20 BSTwas £2,000,000
- Preliminary market engagement notice published9 Oct 2026, 16:51 BSTUK2
Published amendments (1)
Owing to delay in initial timescales, notice has been updated accordingly.
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
Official documents & specifications (3)
Official links; attachments are not copiedNotices published for this procedure
- Preliminary market engagement notice Preliminary market engagement notice on Find a Tender
- Preliminary market engagement notice Preliminary market engagement notice on Find a Tender
- Pipeline notice Pipeline notice on Find a Tender