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AwardedFind a Tender · award

Upgrading the Securities & Collateral Management Settlement System

Buyer: BANK OF ENGLAND →

BuyerBANK OF ENGLAND
StatusAwarded
DeadlineNot published
ValueValue not published
Published6 Jun 2025

What is being bought

Upgrading the Bank of England's Securities & Collateral Management Settlement System.

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 following conditions are met in relation to the public contract- (a)due to a particular supplier having intellectual property rights or other exclusive rights, only that supplier can supply the goods, services or works required, and (b)there are no reasonable alternatives to those goods, services or works.
Rationale classificationssingleSuppliersIntellectualPropertyExclusiveRights, singleSuppliersTechnicalReasons
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

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

Contracts

1

Statusactive
Value£3,541,667

Documents & submission route

  • Not published

Source data inventory

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

OCIDocds-h6vhtk-050a15
Latest release ID030533-2025
Latest release timestampFri Jun 06 2025 10:55:46 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 release1
Parties in latest release2

Notice history

DateEventReference
6 Jun 2025award, contract030533-2025
1 May 2025award, contract018468-2025
30 Apr 2025award, contract017947-2025

All source data

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

Complete current OCDS release JSON
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Complete JSON history (3 releases)
6 Jun 2025 · 030533-2025 · award, contract
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1 May 2025 · 018468-2025 · award, contract
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30 Apr 2025 · 017947-2025 · award, contract
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        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "RC000042",
        "scheme": "GB-COH"
      },
      "contactPoint": {
        "email": "askprocurement@bankofengland.co.uk"
      },
      "additionalIdentifiers": [
        {
          "id": "PRDB-1113-HPPT",
          "scheme": "GB-PPON"
        }
      ]
    },
    {
      "id": "GB-PPON-PGTM-2465-XGDT",
      "name": "Vermeg Solutions SA",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKI31",
        "country": "GB",
        "locality": "London",
        "postalCode": "WC1B4HP",
        "countryName": "United Kingdom",
        "streetAddress": "55-56 Russell Square"
      },
      "details": {
        "vcse": false,
        "scale": "large"
      },
      "identifier": {
        "id": "PGTM-2465-XGDT",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "Communication@vermeg.com"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}