Laboratory Services Assets 2026-2028

Official notice

Authority: BANK OF ENGLAND

Below threshold - without competitionLight touch regime

Sectors: IT Services & Software (72) Delivery: UK

Awarded value£146,818published contract · exc. VAT

Awarded 20 Nov 2025no call for competition

Awarded to IBM UNITED KINGDOM LIMITED

What is being bought

Published requirement description

The contract is for the Provision of two Asset Licenses for the period 2026-2028

The lotProcurement structure

single lot · no lot value published

Lot #1Awarded

Delivery: UK

72222200 Information systems or technology planning services

Procedure terms & legal framework

From the official record

Procedure method: Below threshold - without competition
Legal basis: UKPGA · 2023/54 Procurement Act 2023
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Light touch regime
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 Dec 2025, 12:59 GMT
Last source update: 2 Dec 2025, 12:59 GMT
Authority reference: CD-469
FTS notice number: 2025/S 000-078908
Latest notice: Contract details notice (UK7)
Delivery area: UK
Official registry OCID: ocds-h6vhtk-05ece6 Find a Tender

Notice history

1 event · 1 release on Find a Tender

Contract details notice published
2 Dec 2025, 12:59 GMT
UK7

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £146,8181 contract exc. VAT

Contracts signed 1latest 20 Nov 2025

Awarded to	Value	Date	Status
IBM UNITED KINGDOM LIMITED	£146,818 †	—	Awarded

Contracts

Contract 1 · IBM UNITED KINGDOM LIMITED
Signed
20 Nov 2025
Value
£146,818
Period
1 Jan 2026 – 31 Dec 2026 · up to 31 Dec 2028 with extensions
Status
active
Extensions
A maximum of 36 months with an option to 'opt-out' at the end of the first 12 months if service no longer required

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

IBM UNITED KINGDOM LIMITEDAwarded supplierGB-COH: 00741598GB-PPON: PNQM-8935-PYGQ Building C, IBM Hursley Office, Hursley Park Road, Winchester, South East, SO21 2JNContact email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender2 Dec 2025, 12:59 GMT