Lot 1
The Bank of England has appointed an administrator to support a variety of services.
Award criteria
Technical criteria — 80%
price — 20%
Buyer: BANK OF ENGLAND →
The Bank of England has appointed an administrator to support a variety of services.
UKI31
The Bank of England has appointed an administrator to support a variety of services.
Award criteria
Technical criteria — 80%
price — 20%
| Item | Category | Quantity |
|---|---|---|
| 1 | Not published | Not published |
Benchmarked against retained Find a Tender procedures with CPV division 75. The category anchor is Benefit services (75310000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.
| Comparison set | Procedures | Reported bids per procedure | Named award suppliers | Price evidence |
|---|---|---|---|---|
| Market: CPV division 75 | 2,722 | 3 median · 35.4 average (949 of 2,722 with a bid count) | 3.3 average (1,148 of 2,722 with named award suppliers) | Not published |
| Same buyer | 0 | Not published | Not published | Not published |
| Delivery region: UKI31 | 4 | 1 median · 1 average (1 of 4 with a bid count) | 1 average (1 of 4 with named award suppliers) | Not published |
“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.
Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.
No planning milestones published.
No linked framework, prior procurement or reprocurement published.
No documents are published in the current source record.
Diagnostic view. “Not published” means this current release does not provide a value.
| OCID | ocds-h6vhtk-0363df |
|---|---|
| Latest release ID | 009195-2024 |
| Latest release timestamp | Thu Mar 21 2024 14:02:01 GMT+0000 (Coordinated Universal Time) |
| Source | find-a-tender |
| Official notice URL | Not published |
| Tender status | complete |
| Procurement method | selective |
| Procurement method details | Restricted procedure |
| Main procurement category | services |
| Above threshold | Not published |
| Legal basis | 32014L0024 |
| Tender period: start | Not published |
| Tender period: end | Not published |
| Expression of interest deadline | Not published |
| Enquiry deadline | Not published |
| Award period: start | Not published |
| Award period: end | Not published |
| Submission method details | Not published |
| Submission languages | Not published |
| Electronic catalogue policy | Not published |
| Total tender value | Not published |
| Tender lots in source | 1 |
| Tender items in source | 1 |
| Tender documents in source | 0 |
| Awards in latest release | 1 |
| Contracts in latest release | 1 |
| Parties in latest release | 3 |
| Date | Event | Reference |
|---|---|---|
| 21 Mar 2024 | award, contract | 009195-2024 |
| 30 Aug 2022 | tender | 024102-2022 |
Unmodified official OCDS data retained by Tenderline for this procurement process.
{
"id": "009195-2024",
"tag": [
"award",
"contract"
],
"bids": {
"statistics": [
{
"id": "1",
"value": 3,
"measure": "bids",
"relatedLot": "1"
}
]
},
"date": "2024-03-21T14:02:01Z",
"ocid": "ocds-h6vhtk-0363df",
"buyer": {
"id": "GB-COH-RC000042",
"name": "BANK OF ENGLAND"
},
"awards": [
{
"id": "009195-2024-CON/1001134-1",
"status": "active",
"suppliers": [
{
"id": "GB-COH-04768546",
"name": "Benefex Limited"
}
],
"relatedLots": [
"1"
]
}
],
"tender": {
"id": "ocds-h6vhtk-0363df",
"lots": [
{
"id": "1",
"status": "cancelled",
"options": {
"description": "2 successive periods of 2 years."
},
"hasOptions": true,
"description": "The Bank of England has appointed an administrator to support a variety of services.",
"awardCriteria": {
"criteria": [
{
"name": "Technical criteria",
"type": "quality",
"description": "80%"
},
{
"type": "price",
"description": "20%"
}
]
}
}
],
"items": [
{
"id": "1",
"relatedLot": "1",
"deliveryAddresses": [
{
"region": "UKI31"
}
]
}
],
"title": "Services Management",
"status": "complete",
"coveredBy": [
"GPA"
],
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"description": "The Bank of England has appointed an administrator to support a variety of services.",
"classification": {
"id": "75310000",
"scheme": "CPV",
"description": "Benefit services"
},
"procurementMethod": "selective",
"mainProcurementCategory": "services",
"procurementMethodDetails": "Restricted procedure"
},
"parties": [
{
"id": "GB-COH-RC000042",
"name": "BANK OF ENGLAND",
"roles": [
"buyer"
],
"address": {
"region": "UKI31",
"locality": "LONDON",
"postalCode": "EC2R8AH",
"countryName": "United Kingdom",
"streetAddress": "Threadneedle Street"
},
"details": {
"url": "http://www.bankofengland.co.uk/",
"classifications": [
{
"id": "BODY_PUBLIC",
"scheme": "TED_CA_TYPE",
"description": "Body governed by public law"
},
{
"id": "04",
"scheme": "COFOG",
"description": "Economic affairs"
}
]
},
"identifier": {
"id": "RC000042",
"scheme": "GB-COH",
"legalName": "BANK OF ENGLAND"
},
"contactPoint": {
"email": "corporate.contracts@bankofengland.co.uk"
}
},
{
"id": "GB-COH-04768546",
"name": "Benefex Limited",
"roles": [
"supplier"
],
"address": {
"region": "UKI",
"locality": "London",
"postalCode": "SO15 2JU",
"countryName": "United Kingdom",
"streetAddress": "Mountbatten House, Grosvenor Square, Southampton, Hampshire"
},
"details": {
"scale": "large"
},
"identifier": {
"id": "04768546",
"scheme": "GB-COH",
"legalName": "Benefex Limited"
}
},
{
"id": "GB-FTS-136",
"name": "High Court of England and Wales",
"roles": [
"reviewBody"
],
"address": {
"locality": "London",
"countryName": "United Kingdom"
},
"identifier": {
"legalName": "High Court of England and Wales"
}
}
],
"language": "en",
"contracts": [
{
"id": "009195-2024-CON/1001134-1",
"value": {
"amount": 1200000,
"currency": "GBP"
},
"status": "active",
"awardID": "009195-2024-CON/1001134-1",
"dateSigned": "2023-05-30T00:00:00+01:00"
}
],
"initiationType": "tender"
}{
"id": "009195-2024",
"tag": [
"award",
"contract"
],
"bids": {
"statistics": [
{
"id": "1",
"value": 3,
"measure": "bids",
"relatedLot": "1"
}
]
},
"date": "2024-03-21T14:02:01Z",
"ocid": "ocds-h6vhtk-0363df",
"buyer": {
"id": "GB-COH-RC000042",
"name": "BANK OF ENGLAND"
},
"awards": [
{
"id": "009195-2024-CON/1001134-1",
"status": "active",
"suppliers": [
{
"id": "GB-COH-04768546",
"name": "Benefex Limited"
}
],
"relatedLots": [
"1"
]
}
],
"tender": {
"id": "ocds-h6vhtk-0363df",
"lots": [
{
"id": "1",
"status": "cancelled",
"options": {
"description": "2 successive periods of 2 years."
},
"hasOptions": true,
"description": "The Bank of England has appointed an administrator to support a variety of services.",
"awardCriteria": {
"criteria": [
{
"name": "Technical criteria",
"type": "quality",
"description": "80%"
},
{
"type": "price",
"description": "20%"
}
]
}
}
],
"items": [
{
"id": "1",
"relatedLot": "1",
"deliveryAddresses": [
{
"region": "UKI31"
}
]
}
],
"title": "Services Management",
"status": "complete",
"coveredBy": [
"GPA"
],
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"description": "The Bank of England has appointed an administrator to support a variety of services.",
"classification": {
"id": "75310000",
"scheme": "CPV",
"description": "Benefit services"
},
"procurementMethod": "selective",
"mainProcurementCategory": "services",
"procurementMethodDetails": "Restricted procedure"
},
"parties": [
{
"id": "GB-COH-RC000042",
"name": "BANK OF ENGLAND",
"roles": [
"buyer"
],
"address": {
"region": "UKI31",
"locality": "LONDON",
"postalCode": "EC2R8AH",
"countryName": "United Kingdom",
"streetAddress": "Threadneedle Street"
},
"details": {
"url": "http://www.bankofengland.co.uk/",
"classifications": [
{
"id": "BODY_PUBLIC",
"scheme": "TED_CA_TYPE",
"description": "Body governed by public law"
},
{
"id": "04",
"scheme": "COFOG",
"description": "Economic affairs"
}
]
},
"identifier": {
"id": "RC000042",
"scheme": "GB-COH",
"legalName": "BANK OF ENGLAND"
},
"contactPoint": {
"email": "corporate.contracts@bankofengland.co.uk"
}
},
{
"id": "GB-COH-04768546",
"name": "Benefex Limited",
"roles": [
"supplier"
],
"address": {
"region": "UKI",
"locality": "London",
"postalCode": "SO15 2JU",
"countryName": "United Kingdom",
"streetAddress": "Mountbatten House, Grosvenor Square, Southampton, Hampshire"
},
"details": {
"scale": "large"
},
"identifier": {
"id": "04768546",
"scheme": "GB-COH",
"legalName": "Benefex Limited"
}
},
{
"id": "GB-FTS-136",
"name": "High Court of England and Wales",
"roles": [
"reviewBody"
],
"address": {
"locality": "London",
"countryName": "United Kingdom"
},
"identifier": {
"legalName": "High Court of England and Wales"
}
}
],
"language": "en",
"contracts": [
{
"id": "009195-2024-CON/1001134-1",
"value": {
"amount": 1200000,
"currency": "GBP"
},
"status": "active",
"awardID": "009195-2024-CON/1001134-1",
"dateSigned": "2023-05-30T00:00:00+01:00"
}
],
"initiationType": "tender"
}{
"id": "024102-2022",
"tag": [
"tender"
],
"date": "2022-08-30T09:14:01+01:00",
"ocid": "ocds-h6vhtk-0363df",
"buyer": {
"id": "GB-FTS-43054",
"name": "Bank of England"
},
"tender": {
"id": "REQ/1000072",
"lots": [
{
"id": "1",
"value": {
"amount": 1200000,
"currency": "GBP"
},
"status": "active",
"renewal": {
"description": "The 8 year contract period is being awarded on an initial 4 year basis with options to extend for up to an additional 2 years on a 2+2 basis.\nDuring the 4-8 year contracting period re-tender activity is likely to take place in order to remain compliant under the PCR 2015."
},
"hasOptions": false,
"hasRenewal": true,
"description": "This procurement is being conducted following the restricted 2-stage procedure.\nSuppliers are asked to register for the Bank's eTendering portal to be able to access all of the relevant tender materials and participate in this opportunity.\nThe brokerage and management services are being awarded to a single supplier.\nFull detail of the tendering process and scope of requirements can be found in the tender materials, accessible via the Bank's eTendering portal (Proactis). Additional information: The estimated contract value of this service is £1.2m over the full 8 contract term.\nThis value excludes the cost of benefits as these are paid by employees, as part of their benefits package, direct to benefits providers.",
"secondStage": {
"maximumCandidates": 5
},
"awardCriteria": {
"criteria": [
{
"name": "Quality",
"type": "quality",
"description": "80"
},
{
"type": "price",
"description": "20"
}
]
},
"contractPeriod": {
"durationInDays": 2880
},
"submissionTerms": {
"variantPolicy": "notAllowed"
},
"selectionCriteria": {
"description": "Suppliers are initially invited to submit a response to the Supplier Questionnaire (SQ) by the stated deadline. Following completion of the SQ phase, the top 5 ranked (highest scoring) bidders will be short-listed and invited to submit a full tender response."
}
}
],
"items": [
{
"id": "1",
"relatedLot": "1",
"deliveryAddresses": [
{
"region": "UK"
}
],
"additionalClassifications": [
{
"id": "75310000",
"scheme": "CPV",
"description": "Benefit services"
},
{
"id": "66518000",
"scheme": "CPV",
"description": "Insurance brokerage and agency services"
},
{
"id": "66518100",
"scheme": "CPV",
"description": "Insurance brokerage services"
}
]
}
],
"title": "BOE Corp - Employee Benefits 2022",
"value": {
"amount": 1200000,
"currency": "GBP"
},
"status": "active",
"documents": [
{
"id": "economic",
"documentType": "economicSelectionCriteria"
},
{
"id": "technical",
"documentType": "technicalSelectionCriteria"
}
],
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"recurrence": {
"description": "This procurement is a re-tender of an existing Bank of England contract."
},
"description": "This tender opportunity is for the brokerage and management of the Bank's employee benefits package.\nThis opportunity is a re-tender of the Bank's benefits service, which has been offered to its employees for over 20 years.\nThe management element includes the provision of an online portal in order for employees to be able to easily access their benefits offering.\nFull detail of the scope of requirements can be found in Volume 2 (scope of requirements) of the tendering materials, accessible via the Bank's eTendering portal (Proactis).",
"secondStage": {
"invitationDate": "2022-11-07T00:00:00Z"
},
"tenderPeriod": {
"endDate": "2022-10-04T12:00:00+01:00"
},
"hasRecurrence": true,
"classification": {
"id": "75310000",
"scheme": "CPV",
"description": "Benefit services"
},
"submissionTerms": {
"languages": [
"en"
]
},
"submissionMethod": [
"electronicSubmission"
],
"procurementMethod": "selective",
"mainProcurementCategory": "services",
"submissionMethodDetails": "https://supplierlive.proactisp2p.com/Account/Login",
"procurementMethodDetails": "Restricted procedure"
},
"parties": [
{
"id": "GB-FTS-43054",
"name": "Bank of England",
"roles": [
"buyer",
"reviewBody"
],
"address": {
"region": "UK",
"locality": "London",
"postalCode": "EC2R 8AH",
"countryName": "United Kingdom",
"streetAddress": "Threadneedle Street"
},
"details": {
"url": "https://www.bankofengland.co.uk/",
"classifications": [
{
"id": "BODY_PUBLIC",
"scheme": "TED_CA_TYPE",
"description": "Body governed by public law"
},
{
"id": "04",
"scheme": "COFOG",
"description": "Economic affairs"
}
]
},
"identifier": {
"legalName": "Bank of England"
},
"contactPoint": {
"url": "https://supplierlive.proactisp2p.com/Account/Login",
"name": "Chloe Ludlow-Gomm",
"email": "chloe.ludlow-gomm@bankofengland.co.uk"
}
}
],
"language": "en",
"initiationType": "tender"
}