Scope
Reference
PROC/470
Description
This contract is for the supply of facilities management (FM) services at the Bank's premises over 4 years with the option to extend for a further year. The estimated total contract value is up to £150m (inc. VAT) comprising of the initial phase of £31m, and potential subsequent phases.
Services are to be primarily delivered in London, and Essex, with ad-hoc services required at regional offices across the United Kingdom and potential for services to be provided in Leeds during the term of the contract.
Contract 1. Facilities Management Services
Supplier
Contract value
- £125,000,000 excluding VAT
- £150,000,000 including VAT
Above the relevant threshold
Award decision date
16 February 2026
Date assessment summaries were sent to tenderers
16 February 2026
Standstill period
- End: 25 February 2026
- 8 working days
Earliest date the contract will be signed
27 February 2026
Contract dates (estimated)
- 1 March 2026 to 28 February 2030
- Possible extension to 28 February 2031
- 5 years
Description of possible extension:
Option for extension of term by 1 year.
Main procurement category
Services
Options
The right to additional purchases while the contract is valid.
Option for the supply of Phase 2 Services:
• Events Management
• Audio Visuals Services
• Security Manned Guarding
• Space Management
• Catering & Hospitality
The Bank intends to (and reserves the right to) directly award additional or repeat services that are similar to the services supplied under the contract which is the subject matter of this Tender Notice, in accordance with Schedule 5, paragraph 8 of PA 2023.
CPV classifications
- 79993100 - Facilities management services
Contract locations
- UKH - East of England
- UKI - London
Information about tenders
- 4 tenders received
- 4 tenders assessed in the final stage:
- 0 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 3 suppliers unsuccessful (details included for contracts over £5 million)
Unsuccessful suppliers
Submission
Submission type
Requests to participate
Procedure
Procedure type
Competitive flexible procedure
Suppliers
CBRE Managed Services
- Companies House: 1799580
- Public Procurement Organisation Number: PWRJ-8952-YYJD
61 Southwark street
London
SE1 0HL
United Kingdom
Website: https://www.cbre.co.uk/
Region: UKI44 - Lewisham and Southwark
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
ISS FACILITY SERVICES LIMITED
- Companies House: 00890885
- Public Procurement Organisation Number: PGJY-6558-DZLZ
Velocity 1 Brooklands Drive
Weybridge
KT13 0SL
United Kingdom
Email: isscommercial@uk.issworld.com
Website: http://www.issworld.com
Region: UKJ25 - West Surrey
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1. Facilities Management Services
Jones Lang LaSalle Limited
- Companies House: 01188567
- Public Procurement Organisation Number: PNCL-6287-DJTQ
30 Warwick Street
London
W1B 5NH
United Kingdom
Website: http://www.jll.co.uk
Region: UKI32 - Westminster
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
OCS GROUP UK LIMITED
- Companies House: 03056469
- Public Procurement Organisation Number: PNJD-4733-GTBJ
New Century House
Ipswich
IP3 9SJ
United Kingdom
Website: http://ocs.com/uk
Region: UKH14 - Suffolk
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
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