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Official procurement procedure

Temenos Additional Software modules 5yrs License Agreement

No classification published
Location not published
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Intelligence
Published evidence · v1
Prepared 7 Sept 2026, 12:52 BST
A pre-calculated analytical view of official UK procurement facts, competition benchmarks and decision timelines.
Bid readiness
Review notice
Submission deadline not published
Check official notice for submission route
Scope structure
1lots
1 lot · 1 published item
CPV family not published
Decision Velocity
~52 days
Typical sector award window after deadline
Sector median: 52 days
Contract lifecycle
Published
Nearest end: 31 Jul 2031, 23:59 BST
No published extension signal
Pricing & Budget Savings
£92,034
Contract/award value: £92,034
1 award supplier linked
Bidding Competition
Not published
SME bid count not published
No bid spread metrics published
Sector Market Benchmark (CPV 72)
Based on 176 published procedures
Median Winning Discount
0.02%
Award reduction below published budget
Typical Bids Received
1 bidders
Median competitive participation in sector
Typical Evaluation Window
52 days
Median time between deadline and award
Top Contenders in this Sector (CPV 72)
Active commercial suppliers winning public contracts in this field
SupplierAwards won in sectorTotal awarded valueAvg. winning discount
SOFTCAT PLCCRN: 02174990
35 contracts£153,207,840,838At ceiling / not disclosed
PHOENIX SOFTWARE LIMITEDCRN: 02548628
23 contracts£72,049,203,944At ceiling / not disclosed
Civica UK LimitedCRN: 01628868
23 contracts£857,114,810At ceiling / not disclosed
Insight Direct UK LtdCRN: 02579852
21 contracts£126,004,498,267At ceiling / not disclosed
CDW LtdCRN: 02465350
15 contracts£135,012,010,440At ceiling / not disclosed
Education Software Solutions Limited
13 contracts£1,543,926At ceiling / not disclosed
Unit4 Business Software LimitedCRN: 01737985
12 contracts£14,746,803At ceiling / not disclosed
Idox Software LtdCRN: 02933889
12 contracts£5,205,133At ceiling / not disclosed
NEC Software Solutions UK LimitedCRN: 00968498
10 contracts£490,765,322At ceiling / not disclosed
¿Oracle Corporation UK Ltd.
9 contracts£77,435,801At ceiling / not disclosed
Evidence coverage
4/12 core inputs published
Standard procedure facts
Comparable published opportunities
Historic records ranked from matching published evidence. They are research comparables, not expected competitors or a price forecast.
No sufficiently evidenced comparable record has been calculated yet.
Method: tender-intelligence-v1. Values and dates are retained OCDS facts; missing source data remains unknown.
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: BANK OF ENGLAND: "Temenos Additional Software modules 5yrs License Agreement". 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
22Bids / Report (median)
7.1% of reports have one bid · Mean: 15.1 bids
Supplier ConcentrationLow Concentration
S&P Global Market Intelligence LLCNo concentration estimate available
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 in this Category (CPV 72):
Supplier NameHistoric AwardsAttributable ValueAvg. Price Discount
S&P Global Market Intelligence LLC4 wins£457,956—
Version 1 Solutions Limited3 wins£295,157,652—
TEMENOS UK LIMITED3 wins£447,668—
Civica UK Ltd2 wins£281,340,284—
Coforge UK Limited2 wins£281,340,284—
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
Published13 Aug 2026, 15:16 BST
Last source update13 Aug 2026, 15:16 BST
Recurring procurementNot published
ClassificationNot published
Delivery areaLocation not published
OCIDocds-h6vhtk-06e3cb
What is being bought
The contract is for services. Provision of a number of software modules that provide functional enhancements to one of the Bank's platform. The contract is estimated to commence on ​Saturday, 01 August 2026​ and continue for a period of five years. The estimated value of the contract is £110,441.28 including VAT, (£92,034.40 ex. VAT)
What changed
From the official release history
  1. Status changed to complete
    13 Aug 2026, 15:16 BST
  2. Official notice release published
    13 Aug 2026, 15:16 BST
  3. Buyer information updated
    13 Aug 2026, 15:16 BST
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
    13 Aug 2026, 15:16 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 31 Jul 2026, 00:00 BST · £92,034
Commercial outcome and competition
Awards
TEMENOS UK LIMITED
Not published · Not published · active
Contracts
Contract
£92,034 · signed 31 Jul 2026, 00:00 BST · active
Contract period: 1 Aug 2026, 00:00 BST — 31 Jul 2031, 23:59 BST
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
    Technology.Contracts@bankofengland.co.uk

  • TEMENOS UK LIMITED
    supplier

    GB-COH: 01972767 · GB-PPON: PBDG-6734-WPZY
    71 Fenchurch Street, Fifth Floor, London, UKI31, EC3M 4TD, GB
    dburke@temenos.com
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published