Section one: Contracting authority
one.1) Name and addresses
BANK OF ENGLAND
Threadneedle Street
LONDON
EC2R8AH
Contact
Procurement Group
Technology.Contracts@bankofengland.co.uk
Telephone
+44 2034613000
Country
United Kingdom
Region code
UKI31 - Camden and City of London
Companies House
RC000042
Internet address(es)
Main address
http://www.bankofengland.co.uk
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
Software license and support
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
Contract award to FIS Capital Markets US LLC for software license and support
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £1,381,823
two.2) Description
two.2.2) Additional CPV code(s)
- 48000000 - Software package and information systems
two.2.3) Place of performance
NUTS codes
- UKI - London
two.2.4) Description of the procurement
This service is to provide software license and support
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Award of a contract without prior publication of a call for competition in the cases listed below
- The procurement falls outside the scope of application of the regulations
Explanation:
The degree of integration of the software with existing applications would create disproportionate technical difficulties in changing supplier at this stage.
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
Section five. Award of contract
Contract No
CON/1000138
Title
Software license and support
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
12 February 2024
five.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
FIS Capital Markets US LLC
CORPORATION TRUST CENTER 1209 ORANGE ST, WILMINGTON, DE, 198010000
WILMINGTON
Country
United States
NUTS code
- US - United States
FIS Capital Markets US LLC
940229
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £1,381,823
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
High Court of England and Wales, London, UK
London
Country
United Kingdom