Software license and support

Official notice

Authority: BANK OF ENGLAND

ServicesAward procedure without prior publication of a call for competition

Sectors: Software Packages & ERP (48)IT Services & Software (72) Delivery: London (UKI)

Awarded value£1,381,823published contract · exc. VAT

Awarded 12 Feb 2024no call for competition

Awarded to FIS Capital Markets US LLC

What is being bought

Published requirement description

Contract award to FIS Capital Markets US LLC for software license and support

CPV: IT services: consulting, software development, Internet and support · Software package and information systems

The lotProcurement structure

single lot · no lot value published

Lot #1This service is to provide software license and supportAwarded

Delivery: London

48000000 Software package and information systems

Procedure terms & legal framework

From the official record

Procedure method: Award procedure without prior publication of a call for competition
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
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: 7 Aug 2024, 10:50 BST
Last source update: 7 Aug 2024, 10:50 BST
FTS notice number: 2024/S 000-024806
Classification (CPV): IT services: consulting, software development, Internet and supportSoftware package and information systems
Delivery area: London (UKI)
Official registry OCID: ocds-h6vhtk-04885c Find a Tender

Why no open competition: The procurement falls outside the scope of application of the directive
Published justification: The degree of integration of the software with existing applications would create disproportionate technical difficulties in changing supplier at this stage.

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £1,381,8231 contract exc. VAT

Bids received 1

Contracts signed 1latest 12 Feb 2024

Awarded to	Value	Date	Status
FIS Capital Markets US LLC	£1,381,823 †	—	Awarded

Contracts

Software license and support · FIS Capital Markets US LLC
Signed
12 Feb 2024
Value
£1,381,823
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
1bids	—	—	—

Contracting authority & participating public bodies

BANK OF ENGLAND

Contracting authorityBody governed by public lawEconomic affairs GB-COH: RC000042 Threadneedle Street, LONDON, London, EC2R8AHContact name, email, phone

Dispute resolution & review bodies

High Court of England and Wales, London, UKReview body London

Bidders & participating suppliers

1 commercial party on the notice

FIS Capital Markets US LLCAwarded supplier940229 CORPORATION TRUST CENTER 1209 ORANGE ST, WILMINGTON, DE, 198010000, WILMINGTON, US

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.