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AwardedFind a Tender · award

Temenos systems upgrade resource

Buyer: BANK OF ENGLAND →

BuyerBANK OF ENGLAND
StatusAwarded
DeadlineNot published
ValueValue not published
Published3 Mar 2026

What is being bought

A team of 6+ resources, Time and Materials basis, with a 90 day termination for convenience clause for each resource. £2,004,132 ex VAT

Lot details

Lot 1

No lot description published.

Statuscomplete

Comparable-procurement analytics

No usable CPV category has been published, so a comparable market set cannot yet be built.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleThe direct award to Temenos is justified based on the specialised nature of the requirement, the urgency of the updates and the existing contractual relationship. This approach ensures value for money, maximises public benefit, and aligns with the NPPS policy objectives.
Rationale classificationssingleSuppliersIntellectualPropertyExclusiveRights, singleSuppliersTechnicalReasons
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsThis notice is linked to the following published notice: Title: Temenos support and maintenance Notice identifier: 2025/S 000-072462 Procurement identifier (OCID): ocds-h6vhtk-051f6e Published 10 November 2025, 2:22pm

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

1

Statuspending
Value£2,004,132
Contract periodFrom 16 Mar 2026 to 30 Apr 2028

Documents & submission route

  • Not published

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-06613e
Latest release ID019080-2026
Latest release timestampTue Mar 03 2026 15:16:59 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methoddirect
Procurement method detailsDirect award
Main procurement categoryNot published
Above thresholdNot published
Legal basis2023/54
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source0
Tender documents in source1
Awards in latest release1
Contracts in latest release0
Parties in latest release2

Notice history

DateEventReference
3 Mar 2026award, contract019080-2026

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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    "procurementMethod": "direct",
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        "countryName": "United Kingdom",
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      "contactPoint": {
        "email": "dburke@temenos.com"
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    }
  ],
  "language": "en",
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}
Complete JSON history (1 releases)
3 Mar 2026 · 019080-2026 · award, contract
{
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      "status": "pending",
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          "url": "https://www.find-tender.service.gov.uk/Notice/019080-2026",
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      ],
      "relatedLots": [
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      ],
      "aboveThreshold": true,
      "contractPeriod": {
        "endDate": "2028-04-30T23:59:59+01:00",
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    "procurementMethod": "direct",
    "procurementMethodDetails": "Direct award",
    "procurementMethodRationale": "The direct award to Temenos is justified based on the specialised nature of the requirement, the urgency of the updates and the existing contractual relationship. This approach ensures value for money, maximises public benefit, and aligns with the NPPS policy objectives.",
    "procurementMethodRationaleClassifications": [
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      "address": {
        "region": "UKI31",
        "country": "GB",
        "locality": "London",
        "postalCode": "EC3M 4TD",
        "countryName": "United Kingdom",
        "streetAddress": "71 Fenchurch Street, Fifth Floor"
      },
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      },
      "identifier": {
        "id": "01972767",
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    }
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