Scope
Reference
CON/1001989
Description
To provide Temenos T24 software support and maintenance
Contract 1
Supplier
Contract value
- £3,153,848 excluding VAT
- £3,784,617.60 including VAT
Above the relevant threshold
Date signed
19 December 2025
Contract dates
- 1 January 2026 to 31 December 2030
- 5 years
Main procurement category
Services
Options
The right to additional purchases while the contract is valid.
To purchase additional service
CPV classifications
- 72000000 - IT services: consulting, software development, Internet and support
Contract locations
- UKC - North East (England)
- UKD - North West (England)
- UKE - Yorkshire and the Humber
- UKF - East Midlands (England)
- UKG - West Midlands (England)
- UKH - East of England
- UKI - London
- UKJ - South East (England)
- UKK - South West (England)
Justification for not setting key performance indicators
Under £5m
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Direct award
Direct award justification
Single supplier - intellectual property or exclusive rights
(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.
Supplier
TEMENOS UK LIMITED
- Companies House: 01972767
- Public Procurement Organisation Number: PBDG-6734-WPZY
71 Fenchurch Street, Fifth Floor
London
EC3M 4TD
United Kingdom
Email: dburke@temenos.com
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1
Contracting authority
BANK OF ENGLAND
- Companies House: RC000042
- Public Procurement Organisation Number: PRDB-1113-HPPT
Threadneedle Street
London
EC2R 8AH
United Kingdom
Region: UKI31 - Camden and City of London
Organisation type: Public authority - central government