Scope
Description
Servicing of Bank of England banknote printing machines to extend lifespan. Contract Value based on current exchange rates.
Contract 1
Supplier
Contract value
- £13,479,891.26 excluding VAT
- £16,175,869.50 including VAT
Above the relevant threshold
Award decision date
20 June 2025
Standstill period
- End: 1 July 2025
- 8 working days
Earliest date the contract will be signed
2 July 2025
Contract dates (estimated)
- 3 July 2025 to 3 May 2038
- 12 years, 10 months, 1 day
Main procurement category
Services
CPV classifications
- 50000000 - Repair and maintenance services
Contract locations
- UKH3 - Essex
Procedure
Procedure type
Direct award
Supplier
Komori Corporation
- Public Procurement Organisation Number: PXRR-4255-LDLJ
11-1, Azumabashi 3-chome, Sumida-ku
Tokyo
130-8666
Japan
Email: info@komori.co.uk
Website: https://www.komori.com/en/global/
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