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Official procurement procedure

Northern Ireland Sorting Services

No classification published
Location not published
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: BANK OF ENGLAND: "Northern Ireland Sorting Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityBANK OF ENGLANDScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: BANK OF ENGLAND
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for BANK OF ENGLAND. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
15.1Bids / Report
7.1% of reports have one bid
Supplier ConcentrationHigh Concentration
ESOTEC LTD.Top vendor: 91.8% of attributable value
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 179 active published awards; 28 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Historical Awarded Suppliers With This Authority:
Supplier NameHistoric AwardsAttributable GBP Value
ESOTEC LTD.1 win£4,163,656
Bureau Veritas UK Limited1 win£175,000
Piller UK Limited2 wins£104,344
3VRM LIMITED1 win£95,000
Procedure terms
Contracting AuthorityBANK OF ENGLAND
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published1 Dec 2025, 20:55 GMT
Last source update1 Dec 2025, 20:55 GMT
Recurring procurementNot published
ClassificationNot published
Delivery areaLocation not published
OCIDocds-h6vhtk-05ec66
What is being bought
Provision of banknote sorting services within Northern Ireland to sort Bank of England banknotes for authenticity and quality.
What changed
From the official release history
  1. Status changed to complete
    1 Dec 2025, 20:55 GMT
  2. Official notice release published
    1 Dec 2025, 20:55 GMT
  3. Buyer information updated
    1 Dec 2025, 20:55 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    complete
    Published valueNot published
    The source published no individual title or description for this lot.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    1 Dec 2025, 20:55 GMT
  2. Award pending
    Not published · £160,000
  3. Award pending
    Not published · £1,120,000
  4. Award pending
    Not published · £1,800,000
  5. Award pending
    Not published · £560,000
Commercial outcome and competition
Awards
AIB Group (UK) Plc
£160,000 · Not published · pending
BANK OF IRELAND (UK) PLC
£1,120,000 · Not published · pending
NatWest Group
£1,800,000 · Not published · pending
NORTHERN BANK LIMITED
£560,000 · Not published · pending
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

BANK OF ENGLAND

Contracting authority GB-COH-RC000042
View buyer profile

  • BANK OF ENGLAND
    buyer

    GB-COH: RC000042 · GB-PPON: PRDB-1113-HPPT
    Threadneedle Street, London, UKI31, EC2R 8AH, GB
    askprocurement@bankofengland.co.uk

  • AIB Group (UK) Plc
    supplier

    GB-COH: NI018800 · GB-PPON: PZRQ-9134-NZRQ
    92 Ann Street, Belfast, UKN06, BT1 3HH, GB
    ftb.currencyservices@aib.ie

  • BANK OF IRELAND (UK) PLC
    supplier

    GB-COH: 07022885 · GB-PPON: PXGZ-4839-CHTQ
    45 Gresham Street, London, UKI31, EC2V 7EH, GB
    Lisa.Cauley@boi.com

  • NORTHERN BANK LIMITED
    supplier

    GB-COH: R0000568 · GB-PPON: PPVD-3418-GLQD
    Donegall Square West, Belfast, UK, BT1 6JS, GB
    ukcashservices@danskebank.co.uk

  • National Westminster Bank plc
    supplier

    GB-COH: 929027 · GB-PPON: PPNR-6678-ZNVV
    250 Bishopsgate, London, UKI42, EC2M 4AA, GB
    colin.lowen@natwest.com
Award and contract changes
Documents (1)
Official links; attachments are not copied

  • Not published

    tender
    conflictOfInterest
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleEligible suppliers must operate in Northern Ireland and possess highly specialised infrastructure, including secure vault storage, note sorting equipment, and robust security protocols; and have the financial capacity to hold large values of cash. A change in supplier could introduce incompatible infrastructure, processes, and security protocols, which could undermine the integrity of the Northern Ireland Sorting Services framework. Transitioning to a new supplier would require significant technical reconfiguration, including new security vetting and infrastructure audits. These changes would be disproportionate relative to the value and scope of the services and would risk operational disruption.