TenderlineUK
Procurement Intelligence
Official OCDS
Find a Tender
planned
Official procurement procedure

Provision of Technology Services for Settlement products within payments

IT services: consulting
software development
Internet and support
UK
Published value
£30,000,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: BANK OF ENGLAND: "Provision of Technology Services for Settlement products within payments". Published status: planned. Published value: £30,000,000. 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)£30,000,000
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 Unpublished data stays unknown.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
Published8 Apr 2026, 16:49 BST
Last source update8 Apr 2026, 16:49 BST
Recurring procurementNot published
ClassificationIT services: consulting, software development, Internet and support
Delivery area
UK
OCIDocds-h6vhtk-067e65
What is being bought
Provision of Technology Services for Settlement products within payments This is currently in the early planning stages and the details are still being discussed internally
What changed
From the official release history
  1. Published value updated to £30,000,000
    8 Apr 2026, 16:49 BST
  2. Status changed to planned
    8 Apr 2026, 16:49 BST
  3. Official notice release published
    8 Apr 2026, 16:49 BST
  4. Buyer information updated
    8 Apr 2026, 16:49 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
    8 Apr 2026, 16:49 BST
  2. Procedure published
    8 Apr 2026, 16:49 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