Section one: Contracting authority
one.1) Name and addresses
Bank of England
Threadneedle Street
London
EC2R 8AH
Contact
Sue Docker
Sue.docker@bankofengland.co.uk
Telephone
+44 7500082834
Country
United Kingdom
NUTS code
UK - United Kingdom
Internet address(es)
Main address
http://www.bankofengland.co.uk
Buyer's address
http://www.bankofengland.co.uk
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
http://www.bankofengland.co.uk
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
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
Oracle Cloud Implementation
Reference number
DN1400
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 of England is looking to engage a strategic integration partner to support the implementation of technical and change management aspects of the Oracle Cloud implementation and business change programme. This programme is intended to deliver a step change in the capabilities and value delivered by the Finance, Procurement and Recruitment functions in the Bank, leveraging the existing Oracle Cloud toolset to drive sustainable business change. The Bank is intending to appoint this Partner for 55 months, with a potential to extend for a further 24 months. This will cover the design, build, configuration and integrations of the Oracle Cloud system followed by support and maintenance.
two.1.5) Estimated total value
Value excluding VAT: £7,000,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.2) Additional CPV code(s)
- 72246000 - Systems consultancy services
- 72263000 - Software implementation services
- 72266000 - Software consultancy services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
The Bank is conducting the Oracle Cloud Implementation procurement using the restricted procedure in accordance with the Regulations.
Following an initial tender, the Oracle Cloud toolset was selected, with the Oracle Human Capital Management (HCM) Cloud module implemented in 2021 as the first stage of the implementation and business change
The Bank is now looking to undertake a full programme to deliver a step change in the capabilities and value delivered by the Finance, Procurement and Recruitment teams. This will encompass a full review and rebuild of the way all tasks, processes and outputs are achieved and will leverage the Oracle Cloud toolset to help drive business change. To enable this, the Bank is looking for a strategic system integration partner to help implement the Oracle suite.
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.6) Estimated value
Value excluding VAT: £7,000,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
55
This contract is subject to renewal
Yes
Description of renewals
Possibility to extend for a further 24 months
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Restricted procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.2) Time limit for receipt of tenders or requests to participate
Date
19 October 2022
Local time
12:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: No
six.4) Procedures for review
six.4.1) Review body
High Court of England and Wales
Royal Courts of Justice, Strand
London
WC2A 2LL
Country
United Kingdom