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Find a TenderAwarded without competitionContract details notice
Published 22 May 2025, 18:06 BST

Official UK procurement notice

Ad hoc development work on a Temenos solution

Official notice

Authority: BANK OF ENGLAND

ServicesDirect awardLight touch regime
Sectors: IT Services & Software (72) Delivery: UKNorth East (UKC)North West (UKD)
+7 moreYorkshire & Humber (UKE)East Midlands (UKF)West Midlands (UKG)East of England (UKH)London (UKI)South East (UKJ)South West (UKK)
Contract value (direct award)£3,244,967≈ £649k / year · £3,893,690 inc. VAT
Awarded 7 Nov 2025no call for competition
Awarded to TEMENOS UK LIMITED2 awards
Contract term 5 yrsends 17 Dec 2030 · starts 17 Dec 2025

What is being bought

Published requirement description

The use of Temenos developers to update a Temenos solution

CPV: IT services: consulting, software development, Internet and support

The lotProcurement structure

single lot · no lot value published
Lot #1Awarded 5 yrs
Contract period: 17 Dec 2025 – 17 Dec 2030 (5 yrs)
Delivery: London
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
Procurement category
Services
Notice status
Awarded without competition
Procurement threshold
Unspecified in notice
Regulatory regime
Light touch regime
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
22 May 2025, 18:06 BST
Last source update
25 Jun 2026, 11:19 BST
Authority reference
CON/1001989
FTS notice number
2026/S 000-059758
Latest notice
Contract details notice (UK7)
Classification (CPV)
IT services: consulting, software development, Internet and support
Delivery area
UKNorth East (UKC)North West (UKD)Yorkshire & Humber (UKE)East Midlands (UKF)West Midlands (UKG)East of England (UKH)London (UKI)
+2 moreSouth East (UKJ)South West (UKK)
Official registry OCID
ocds-h6vhtk-051f6e Find a Tender
Why no open competition
Additional Repeat Extension Partial Replacement
Published justification

Section 74(1)(c) and Section 74(4): Below-threshold modification

How it was run

Official notice
Submission deadline
—

Timeline

22 May 2025 → 25 Jun 2026 · 5 dates
  1. Planning notice published
    22 May 2025, 18:06 BST
  2. Next notice expected348 days ago
    1 Nov 2025, 23:59 GMT
  3. Standstill ends330 days ago
    19 Nov 2025, 23:59 GMT
  4. Contract starts303 days ago
    17 Dec 2025
  5. Latest notice published113 days ago
    25 Jun 2026, 11:19 BST

Notice history

8 events · 5 releases on Find a Tender · since 22 May 2025
  1. Pipeline notice published
    22 May 2025, 18:06 BST
    UK1
  2. Transparency notice published
    10 Nov 2025, 12:29 GMT
    UK5
  3. Status changed to complete
    10 Nov 2025, 12:29 GMT
  4. Procurement method changed
    10 Nov 2025, 12:29 GMT
  5. Contract award notice published
    10 Nov 2025, 14:22 GMT
    UK6
  6. Contract signature expected
    20 Nov 2025, 23:59 GMT
    scheduled
  7. Contract details notice published
    12 Jan 2026, 09:33 GMT
    UK7
  8. Contract details notice published
    25 Jun 2026, 11:19 BST
    UK7
Routine re-releases (5)
  • 2025-11: 1 release · 10 Nov 2025
  • 2025-05: 1 release · 22 May 2025

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 2
Awarded value £3,153,8481 award exc. VAT
Contracts signed 2latest 15 May 2026
Awarded toValueDateStatus
TEMENOS UK LIMITED1 Jan 2026 – 31 Dec 2030Options: Extend support service£3,153,8487 Nov 2025Awarded
TEMENOS UK LIMITED——Awarded

Contracts

  • Ad hoc development work on a Temenos solution · TEMENOS UK LIMITED

    Signed
    15 May 2026
    Value
    £89,994
    Period
    15 May 2026 – 31 Dec 2030
    Status
    active

  • Contract 1 · TEMENOS UK LIMITED

    Signed
    19 Dec 2025
    Value
    £3,153,848
    Period
    1 Jan 2026 – 31 Dec 2030
    Status
    active
    Options
    To purchase additional service

    No agreed KPIs: Under £5m

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 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 (5)

Official links; attachments are not copied

Notices published for this procedure

  • Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender
  • 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
  • Pipeline notice planningPipeline noticeUK1Pipeline notice on Find a Tender