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Published 2 Mar 2026, 11:45 GMT

Official UK procurement notice

Flood Risk Pricing Data · UK public procurement notice

Official notice

Authority: BANK OF ENGLAND

Direct award
Sectors: Cleaning & Environmental Services (90) Delivery: UK
Awarded value£230,400published award · exc. VAT
Award in standstill 2 Mar 2026no call for competition
Award (standstill) to JBA RISK MANAGEMENT LIMITED

What is being bought

Published requirement description

This service will be made available by a file sharing website.

This data provides a forward-looking flood risk data.

Contract term - 22/03/2026 to 21/03/2029

£288,000.00 inc VAT

Located UK

The lotProcurement structure

single lot · no lot value published
Lot #1Awarded
Delivery: UK
90700000 Environmental services

Procedure terms & legal framework

From the official record
Procedure method
Direct award
Legal basis
UKPGA · 2023/54 Procurement Act 2023
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
2 Mar 2026, 11:45 GMT
Last source update
2 Mar 2026, 14:22 GMT
FTS notice number
2026/S 000-018501
Latest notice
Contract award notice (UK6)
Delivery area
UK
Official registry OCID
ocds-h6vhtk-065f63 Find a Tender
Why no open competition
Single Suppliers Technical Reasons
Published justification

Schedule 5, Paragraph 7.

JBA Risk Management can provide forward-looking flood risk data at a granular location level with an indication of potential financial damages. JBA flood risk data is niche and remains better aligned with the Bank's modelling needs due to its compatibility, reliability and integration with our existing framework relative to other providers.

How it was run

Official notice
Submission deadline
—

Timeline

2 Mar 2026 → 11 Mar 2026 · 2 dates
  1. Notice published238 days ago
    2 Mar 2026, 14:22 GMT
  2. Standstill ends229 days ago
    11 Mar 2026, 23:59 GMT

Notice history

3 events · 2 releases on Find a Tender · since 2 Mar 2026
  1. Transparency notice published
    2 Mar 2026, 11:45 GMT
    UK5
  2. Contract award notice published
    2 Mar 2026, 14:22 GMT
    UK6
  3. Contract signature expected
    21 Mar 2026, 23:59 GMT
    scheduled

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £230,4001 award exc. VAT
Awarded toValueDateStatus
JBA RISK MANAGEMENT LIMITED22 Mar 2026 – 21 Mar 2029£230,4002 Mar 2026standstill to 11 Mar 2026Standstill

Contracting authority & participating public bodies

BANK OF ENGLAND

Contracting authorityPublic authority - central government GB-COH: RC000042 · GB-PPON: PRDB-1113-HPPT Threadneedle Street, London, London, EC2R 8AHContact email

Bidders & participating suppliers

1 commercial party on the notice
  • JBA RISK MANAGEMENT LIMITEDAwarded supplierGB-COH: 07732946GB-PPON: PVLG-4139-GJZM 1 Broughton Park Old Lane North, Skipton, Yorkshire & Humber, BD23 3FDContact email

Official documents & specifications (2)

Official links; attachments are not copied

Notices published for this procedure

  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Transparency notice awardTransparency noticeUK5Transparency notice on Find a Tender