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plannedFind a Tender · planning

Data Collection Services (Re procurement of the Bank of England's Electronic Data System, BEEDS)

Buyer: BANK OF ENGLAND →

BuyerBANK OF ENGLAND
Statusplanned
DeadlineNot published
Value£20,000,000
Published8 Jun 2026

What is being bought

BEEDS 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.

Delivery location

UK, GB

Categories

Data-acquisition system 48614000Systems and technical consultancy services 72220000Software implementation services 72263000Data-processing services 72310000Data management services 72322000

Lot details

Lot 1

No lot description published.

Statusplanned
Contract periodFrom 1 May 2027 to 30 Apr 2034

What is included

ItemCategoryQuantity
1Data-acquisition system, Systems and technical consultancy services, Software implementation services, Data-processing services, Data management servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 48. The category anchor is Data-acquisition system (48614000); 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 483,2271 median · 6 average (1,064 of 3,227 with a bid count)1.5 average (1,197 of 3,227 with named award suppliers)Not published
Same buyer712 median · 123.7 average (3 of 7 with a bid count)6 average (6 of 7 with named award suppliers)Not published
Delivery region: UK8411 median · 9.4 average (246 of 841 with a bid count)2.3 average (285 of 841 with named award suppliers)Not published
Similar published value (0.5×–2×)95Not publishedNot publishedNot 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

BudgetValue not published
No-engagement rationaleNot published
Planning documents1
Planning milestones1
MilestoneTypeDueStatus
The Bank of England (Authority) would like Service Providers to express their interest in premarket engagement before 3pm on 19th June 2026 by sending an email to Technology.contracts@bankofengland.co.uk . Please title your e--mail "BEEDS XBRL Re-procurement TECH 189". 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.engagement31 Jul 2026scheduled

Related procurements

No linked framework, prior procurement or reprocurement published.

Documents & submission route

Source data inventory

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

OCIDocds-h6vhtk-05f179
Latest release ID053944-2026
Latest release timestampMon Jun 08 2026 15:20:42 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 thresholdYes
Legal basis2023/54
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 value£20,000,000
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
8 Jun 2026planning053944-2026
9 Dec 2025planning080933-2025

All source data

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

Complete current OCDS release JSON
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  "buyer": {
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    "name": "BANK OF ENGLAND"
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          {
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    "value": {
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        "id": "053944-2026",
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        "noticeType": "UK2",
        "description": "Preliminary market engagement notice on Find a Tender",
        "documentType": "marketEngagementNotice",
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      }
    ],
    "milestones": [
      {
        "id": "engagement",
        "type": "engagement",
        "status": "scheduled",
        "dueDate": "2026-07-31T23:59:59+01:00",
        "description": "The Bank of England (Authority) would like Service Providers to express their interest in premarket engagement before 3pm on 19th June 2026 by sending an email to Technology.contracts@bankofengland.co.uk . Please title your e--mail \"BEEDS XBRL Re-procurement TECH 189\".\nPlease include the following detail in your message: -\n- Quoting Reference - BEEDS XBRL Re-Procurement TECH 189\n- Full name\n- Company/organisation name\n- Contact details (E-mail and phone number)\nPlease also state you Organisation ID if you have an existing ProActis account with the Bank of England.\nIn 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.\nThis Notice is for information only.\nThe 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."
      }
    ]
  },
  "initiationType": "tender"
}
Complete JSON history (2 releases)
8 Jun 2026 · 053944-2026 · planning
{
  "id": "053944-2026",
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  "date": "2026-06-08T16:20:42+01:00",
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            "description": "Systems and technical consultancy services"
          },
          {
            "id": "72263000",
            "scheme": "CPV",
            "description": "Software implementation services"
          },
          {
            "id": "72310000",
            "scheme": "CPV",
            "description": "Data-processing services"
          },
          {
            "id": "72322000",
            "scheme": "CPV",
            "description": "Data management services"
          }
        ]
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    ],
    "title": "Data Collection Services (Re procurement of the Bank of England's Electronic Data System, BEEDS)",
    "value": {
      "amount": 20000000,
      "currency": "GBP",
      "amountGross": 24000000
    },
    "status": "planned",
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
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    },
    "description": "BEEDS 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.\nNote an earlier RFI was published and earlier engagement on BEEDS took place in 2024.  Operational reasons then delayed further procurement activity until this year.",
    "aboveThreshold": true,
    "mainProcurementCategory": "services"
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        "locality": "London",
        "postalCode": "EC2R 8AH",
        "countryName": "United Kingdom",
        "streetAddress": "Threadneedle Street"
      },
      "details": {
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      "identifier": {
        "id": "RC000042",
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        "id": "053944-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/053944-2026",
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        "noticeType": "UK2",
        "description": "Preliminary market engagement notice on Find a Tender",
        "documentType": "marketEngagementNotice",
        "datePublished": "2026-06-08T16:20:42+01:00"
      }
    ],
    "milestones": [
      {
        "id": "engagement",
        "type": "engagement",
        "status": "scheduled",
        "dueDate": "2026-07-31T23:59:59+01:00",
        "description": "The Bank of England (Authority) would like Service Providers to express their interest in premarket engagement before 3pm on 19th June 2026 by sending an email to Technology.contracts@bankofengland.co.uk . Please title your e--mail \"BEEDS XBRL Re-procurement TECH 189\".\nPlease include the following detail in your message: -\n- Quoting Reference - BEEDS XBRL Re-Procurement TECH 189\n- Full name\n- Company/organisation name\n- Contact details (E-mail and phone number)\nPlease also state you Organisation ID if you have an existing ProActis account with the Bank of England.\nIn 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.\nThis Notice is for information only.\nThe 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."
      }
    ]
  },
  "initiationType": "tender"
}
9 Dec 2025 · 080933-2025 · planning
{
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  "date": "2025-12-09T10:28:13Z",
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    "title": "Beeds/XBRL Replacement",
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    "description": "Beeds/XBRL Replacement. Total value of full requirement to be confirmed.",
    "communication": {
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  "initiationType": "tender"
}