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Find a TenderAwarded without competitionContract details notice
Published 29 May 2025, 10:34 BST

Official UK procurement notice

Professional service to support the upgrade of systems in the Customer Banking Division

Official notice

Authority: BANK OF ENGLAND

Direct award
Sectors: IT Services & Software (72) Delivery: UK
Awarded value£265,640published award · exc. VAT
Awarded 30 May 2025no call for competition
Awarded to TEMENOS UK LIMITED

What is being bought

Published requirement description

Professional service to support the upgrade of systems in the Customer Banking Division.

The value is £318, 768 inc. VAT.

The lotProcurement structure

single lot · no lot value published
Lot #1Awarded
Delivery: UK
72000000 IT services: consulting, software development, Internet and support

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
29 May 2025, 10:34 BST
Last source update
2 Jul 2025, 12:02 BST
Authority reference
CON/1001845
FTS notice number
2025/S 000-036732
Latest notice
Contract details notice (UK7)
Delivery area
UK
Official registry OCID
ocds-h6vhtk-052892 Find a Tender
Why no open competition
Single Suppliers Intellectual Property Exclusive Rights
Published justification

Single supplier - Intellectual property or exclusive rights

A) due to a particular supplier having intellectual property rights or other exclusive rights, only that supplier can supply the goods, services or works required, and

B) there are no reasonable alternatives to those goods, services or works.

Review and risk notes
Risks

N/A

How it was run

Official notice
Submission deadline
—

Timeline

10 Jun 2025 → 2 Jul 2025 · 2 dates
  1. Standstill ends
    10 Jun 2025, 23:59 BST
  2. Notice published
    2 Jul 2025, 12:02 BST

Notice history

4 events · 3 releases on Find a Tender · since 29 May 2025
  1. Transparency notice published
    29 May 2025, 10:34 BST
    UK5
  2. Contract award notice published
    30 May 2025, 12:03 BST
    UK6
  3. Contract signature expected
    11 Jun 2025, 23:59 BST
    scheduled
  4. Contract details notice published
    2 Jul 2025, 12:02 BST
    UK7

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £265,6401 award exc. VAT
Contracts signed 1latest 17 Jun 2025
Awarded toValueDateStatus
TEMENOS UK LIMITED1 Aug 2025 – 28 Feb 2026£265,64030 May 2025Awarded

Contracts

  • Professional service to support the upgrade of systems in the Customer Banking Division. · TEMENOS UK LIMITED

    Signed
    17 Jun 2025
    Value
    £265,640
    Period
    1 Aug 2025 – 28 Feb 2026
    Status
    active

    No agreed KPIs: Not applicable.

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 name, email

Bidders & participating suppliers

1 commercial party on the notice
  • TEMENOS UK LIMITEDAwarded supplierGB-COH: 01972767GB-PPON: PBDG-6734-WPZY 71 Fenchurch Street, Fifth Floor, London, London, EC3M 4TDContact email

Official documents & specifications (3)

Official links; attachments are not copied

Notices published for this procedure

  • Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender
  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Transparency notice awardTransparency noticeUK5Transparency notice on Find a Tender