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planned
Official procurement procedure

Location Strategy Enabling Works

Overhaul and refurbishment work
Published value
£8,000,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: BANK OF ENGLAND: "Location Strategy Enabling Works". Published status: planned. Published value: £8,000,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityBANK OF ENGLANDScope & CategoriesNot publishedSubmission Window
planned
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£8,000,000
Bidder Intelligence · Authority Profile: BANK OF ENGLAND
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for BANK OF ENGLAND. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
15.1Bids / Report
7.1% of reports have one bid
Supplier ConcentrationHigh Concentration
ESOTEC LTD.Top vendor: 91.8% of attributable value
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 179 active published awards; 28 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Historical Awarded Suppliers With This Authority:
Supplier NameHistoric AwardsAttributable GBP Value
ESOTEC LTD.1 win£4,163,656
Bureau Veritas UK Limited1 win£175,000
Piller UK Limited2 wins£104,344
3VRM LIMITED1 win£95,000
Procedure terms
Contracting AuthorityBANK OF ENGLAND
Procedure methodNot published
Procurement categoryNot published
Statusplanned
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published22 May 2025, 19:17 BST
Last source update22 May 2025, 19:17 BST
Recurring procurementNot published
ClassificationOverhaul and refurbishment work
Delivery area
OCIDocds-h6vhtk-051f8c
What is being bought
Contractor to deliver early works to enable the reconfiguration of the Bank's Threadneedle Street building as part of a wider programme of works
What changed
From the official release history
  1. Published value updated to £8,000,000
    22 May 2025, 19:17 BST
  2. Status changed to planned
    22 May 2025, 19:17 BST
  3. Official notice release published
    22 May 2025, 19:17 BST
  4. Buyer information updated
    22 May 2025, 19:17 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    planned
    Published valueNot published
    The source published no individual title or description for this lot.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Pipeline notice
    22 May 2025, 19:17 BST
  2. Procedure published
    22 May 2025, 19:17 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

BANK OF ENGLAND

Contracting authority GB-COH-RC000042
View buyer profile
Documents (1)
Official links; attachments are not copied
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleNot published