Find a TenderAwarded
Published 14 Oct 2022, 10:23 BST

Official UK procurement notice

Data modelling, platform tool (Lot 1) & ISO 20022 message development (Lot 2)

Official notice

Authority: BANK OF ENGLAND·Consortium: 2 public authorities

Framework agreement2 lotsServicesRestricted procedureMax 2 lots per supplier
Sectors: IT Services & Software (72) Delivery: UK
Framework ceiling (notional)£3,750,000total for 2 lots · framework ceiling, not attributable revenue
Submissions closed 15 Nov 2022awarded 26 Jun 2023
Lots 2max 2 won per supplier

What is being bought2 lots · detail below

Published requirement description

The Bank of England ("the Bank") has concluded the tender and is awarding two contracts via two Lots for Data Modelling, Tooling & ISO20022 Message Development services to BR-AG.

CPV: Business and management consultancy and related services · IT services: consulting, software development, Internet and support · Library management services · Software consultancy services · Software implementation services · Systems consultancy services · Systems support services

How this framework works

From the published notice
Places
up to 1 suppliers · 2 bids on the busiest of 2 lots (2.0 per place) · 1 appointed (full)

Lots and requirements (2)Procurement structure

2 lots · all with a published value · win at most 2 of them · same evaluation weights on every lot
Lot #1Data Modelling & Platform ToolAwardedPublished value£2,950,000

Lot 1

The Bank has identified a suitable supplier to provide data point modelling expertise and related tooling to enable the Bank to meet current and future data collection requirements. The contract is awarded to BR-AG for a four-year single supplier framework.

Delivery: UK
Variant bids: not allowed
Lot #2ISO20022 Message DevelopmentAwardedPublished value£800,000

Lot 2

The Bank has identified a suitable supplier to provide resource and expertise to help deliver the renewed real time gross settlement (RTGS) messaging services. This will enable the Bank to deliver current and future payment messaging services using ISO 20022. The services include delivery and maintenance of technical artefacts (e.g. ISO 20022 XML messages) for messaging services such as CHAPS, settlement services, and reserves account services. The contract is awarded to BR-AG for a four-year single supplier framework.

Delivery: UK
Variant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored · same split on all 2 lots
Quality: 75%Price: 25%
Published sub-criteria (3)
  • Quality: 75%
  • Rate Card: 5%
  • Fixed Price: 20%
Published award criteria (3)
  • Quality: 75%
  • Rate Card: 5%
  • Fixed Price: 20%
What this means for your bid
  • Price carries 25 of 100 points: a 10% discount moves about 2.5 points. The method statement decides this lot, not the discount.
  • “Data modelling, platform tool (Lot 1) & ISO 20022 message development…” is a framework: the contest is a place on its panel, up to 1 suppliers, not a single contract.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Restricted procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Framework agreement
Who may use this agreement
Not stated in the notice; call-off rights may be limited to the establishing authority
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
No (one-off requirement)
First published
14 Oct 2022, 10:23 BST
Last source update
29 Sept 2023, 16:04 BST
Authority reference
DN1409
FTS notice number
2023/S 000-028849
Classification (CPV)
Business and management consultancy and related servicesIT services: consulting, software development, Internet and supportLibrary management servicesSoftware consultancy servicesSoftware implementation servicesSystems consultancy servicesSystems support services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-0375b5 Find a Tender

Publisher note: Two previous notices for opportunity: 14/10/2022 - 2022/S 000-028952 26/10/2022 - 2022/S 000-030179

How it was run

Official notice
Run through: portal not identified
Language: EN
Appointment period ends
15 Nov 2022, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Supplier levy on call-offs (max %)
document
Detailed submission instructions & authority contactsFrom official release

Timeline

15 Nov 2022 → 29 Sept 2023 · 2 dates
  1. Admission / appointment period endsperiod end, not a bid countdown
    15 Nov 2022, 12:00 GMT
  2. Notice published
    29 Sept 2023, 16:04 BST

Notice history

2 events · 3 releases on Find a Tender · since 29 Sept 2023
  1. Status changed to complete
    29 Sept 2023, 11:47 BST
  2. Buyer details updated
    29 Sept 2023, 11:47 BST
Published amendments (1)

the contact e-mail address was incorrect and should have stated : [email protected]

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 1admitted to the panel · see the list ↓
Bids received 2busiest of 2 lots
Contracts signed 2latest 26 Jun 2023

2 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.

Contracts

  • ISO20022 Message development

    Signed
    26 Jun 2023
    Value
    £800,000
    Status
    active
  • Data Modelling

    Signed
    26 Jun 2023
    Value
    £2,950,000
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · Data Modelling & Platform Tool1bids———
2 · ISO20022 Message Development2bids · 2 electronic———

Contracting authority & participating public bodies

2 public bodies on the notice

BANK OF ENGLAND

Contracting authorityBody governed by public lawEconomic affairs Threadneedle Street, LONDON, UK, EC2R 8AHContact name, email, phone

Dispute resolution & review bodies

  • High Court of England and WalesReview body London

Framework contractors & participating bidders

1 commercial party on the notice
  • BR-AG P.S.AFramework contractorGB-COH: 0000984561 POZNAŃ, PL, 60-771

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.