Official UK procurement notice
Oracle Cloud Implementation · UK public procurement notice
Authority: BANK OF ENGLAND·Consortium: 2 public authorities
Sectors: IT Services & Software (72) Delivery: UKNorth East (UKC)North West (UKD)
Framework ceiling (notional)£7,000,000framework ceiling, not attributable revenue
Submissions closed 19 Oct 2022awarded 20 Jun 2023
What is being bought
Published requirement descriptionThe Bank of England is looking to engage a strategic integration partner to support the implementation of technical and change management aspects of the Oracle Cloud implementation and business change programme.
CPV: Software consultancy services · Software implementation services · Systems consultancy services
How this framework works
From the published notice- Bids received
- 6 bids received · 1 suppliers appointed
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£7,000,000
What it takes to wini
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 morei
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).
How bids were scored
Published award criteria (1)
- Price: 25
What this means for your bid
- Price carries 25 of 25 points: a 10% discount moves about 2.5 points. This one is won on the number: sharpen the price before polishing the prose.
- “Oracle Cloud Implementation” is a framework: the contest is a place on its panel, 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- 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
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 20 Sept 2022, 16:48 BST
- Last source update
- 6 Jan 2026, 09:42 GMT
- FTS notice number
2025/S 000-003625- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0369bfFind a Tender
How it was run
Official noticeRun through: portal not identified
- Appointment period ends
- 19 Oct 2022, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
Detailed submission instructions & authority contactsFrom official release
Timeline
19 Oct 2022 → 6 Jan 2026 · 2 dates- Admission / appointment period endsperiod end, not a bid countdown19 Oct 2022, 12:00 BST
- Notice published293 days ago6 Jan 2026, 09:42 GMT
Notice history
2 events · 3 releases on Find a Tender · since 13 Sept 2023- Status changed to complete13 Sept 2023, 10:52 BST
- Buyer details updated13 Sept 2023, 10:52 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastSuppliers appointed 1admitted to the panel · see the list ↓
Bids received 6
Contracts signed 3latest 20 Jun 2023
3 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.
Contracts
Contract 000521-2026-CON/1001132-1
- Signed
- 20 Jun 2023
- Value
- £21,457,357
- Period
- … – 31 Aug 2029
- Status
- active
- Change Amendment to the Bank's Application Management Service contract., Need for additional works, services or supplies by the original contractor/concessionaire: This contract is being modified in accordance with Regulation 72(1)(b) of the Public Contracts Regulations 2015, and the change is made for additional services or supplies by the original contractor that have become necessary and were not included in the initial procurement, where a change of contractor - (i) cannot be made for economic or technical reasons such as requirements of interchangeability or interoperability with existing equipment, services or installations procured under the initial procurement, and (ii) would cause significant inconvenience or substantial duplication of costs for the contracting authority provided that any increase in price does not exceed 50% of the value of the original contract
Contract 003625-2025-CON/1001132-1
- Signed
- 20 Jun 2023
- Value
- £13,817,368
- Status
- active
- Change Amendment to the Bank's Application Management Service contract following a change in scope. Descriptions of the modifications Change 003a amended the scope to include Oracle Accounting Hub = +£0.28m Change 004 amended the scope of the change management workstream = +£0.03m Change 006 amended the scope to include Oracle Cloud Payroll to the Service = +£0.03m Change 008a amended the scope to include design of the infrastructure and access for the reporting platform = +£0.12m Change 012 amended the scope to include configuration of an IDCS solution for Oracle Cloud Recruitment = +£0.03m Change 014 amended the scope to include changes to the solution following UAT of Oracle Cloud Recruitment = +£0.01m Change 020 amended the scope to include changes to the solution following UAT of Oracle Cloud Recruitment = +£0.01m Change 025 amended the implementation methodology, from a two phase approach, to a multiple phase approach with Oracle Modules going live based on the Bank's priorities = +£4.07m, Need for additional works, services or supplies by the original contractor/concessionaire: This contract is being modified in accordance with Regulation 72(1)(b) of the Public Contracts Regulations 2015, and the change is made for additional services or supplies by the original contractor that have become necessary and were not included in the initial procurement, where a change of contractor - (i) cannot be made for economic or technical reasons such as requirements of interchangeability or interoperability with existing equipment, services or installations procured under the initial procurement, and (ii) would cause significant inconvenience or substantial duplication of costs for the contracting authority provided that any increase in price does not exceed 50% of the value of the original contract
Contract 027050-2023-1
- Signed
- 20 Jun 2023
- Value
- £8,718,830
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 6bids | — | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeDispute resolution & review bodies
- High Court of England and WalesReview body
- High Court, Royal Courts of JusticeReview body
- High Court, Royal Courts of Justice LondonReview body
Framework contractors & participating bidders
1 commercial party on the notice- Version 1 Solutions LtdFramework contractor
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.