Planning

Additional Network for RTGS

  • BANK OF ENGLAND

F01: Prior information notice (prior information only)

Notice identifier: 2024/S 000-012399

Procurement identifier (OCID): ocds-h6vhtk-0452c5

Published 16 April 2024, 3:49pm



Section one: Contracting authority

one.1) Name and addresses

BANK OF ENGLAND

Threadneedle Street

LONDON

EC2R8AH

Contact

Gavin Pais

Email

Gavin.Pais@bankofengland.co.uk

Country

United Kingdom

Region code

UKI31 - Camden and City of London

Companies House

RC000042

Internet address(es)

Main address

https://www.bankofengland.co.uk/

one.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at

https://supplierlive.proactisp2p.com/Account/Login

Additional information can be obtained from the above-mentioned address

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

Economic and financial affairs


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Additional Network for RTGS

two.1.2) Main CPV code

  • 72000000 - IT services: consulting, software development, Internet and support

two.1.3) Type of contract

Services

two.1.4) Short description

The Bank is considering the possibility of delivering an additional secured messaging network to enable participants to connect to the Bank's Real Time Gross Settlement (RTGS) system. The service is aimed to support operational resiliency by providing an additional means of payments messaging alongside that already provided by Swift. An additional network could also support ease of access to central bank money by providing new ways of connecting and leveraging RTGS.

This is a part of the Bank's long-term vision for the renewed RTGS service: to act as an open platform for the UK financial services industry to facilitate safe and efficient settlement in central bank money.

The RFI document can be found at https://supplierlive.proactisp2p.com/Account/Login and includes further detail on the Bank's operations and considerations, including the information requested from interested suppliers. The deadline to respond is 16 May 2024 16:00.

two.1.6) Information about lots

This contract is divided into lots: No

two.2) Description

two.2.2) Additional CPV code(s)

  • 32400000 - Networks

two.2.3) Place of performance

NUTS codes
  • UKI - London

two.2.4) Description of the procurement

The Bank is now looking for responses to support discovery work and identification of commercial solutions for providing an additional network. The Bank is also looking to assess the likely costs to enable the Bank to set reasonable budgets for the capabilities the network may need.

At this stage, the Bank is seeking only initial insights as to how you might provide such a network solution. It is not the intent of the Bank to compare responses for the purposes of any pre-qualification or short listing. This is a 'Request for Information' only.

two.3) Estimated date of publication of contract notice

5 January 2026


Section four. Procedure

four.1) Description

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes