Scope
Reference
PROC/560
Description
The contract is for the supply of architectural design services to support the Bank of England (the Bank) in the consolidation and refurbishment of its Threadneedle Street Estate.
The Bank requires the provision of architectural design services across all Royal Institute of British Architects (RIBA) work stages. The supplier will need to adapt to the Bank's chosen delivery model (Traditional vs Design & Build) and deliver at all times recognising the Threadneedle Street building is an operational historically significant building and a secure environment.
The services included in the scope of this procurement include, but is not limited to:
• Design development and coordination
• Ensuring compliance with regulatory requirements
• Collaborating with internal and external stakeholders across design disciplines, and other procured services (e.g., MEP engineers, project management, etc) to successfully deliver
• Production of feasibility studies, technical drawings and documentation
• Provision of construction oversight
Service delivery will require a wide range of specialisms, including, but not limited to:
• Heritage Specialist Advice
• Listed Building Advice
• Planning Specialist Advice
• Principal Designer Obligations (CDM)
• Workplace Design (e.g. Office Floors / Meeting Rooms)
Further details in relation to the services (including delivery models and ways of working with the Bank) are set out in the Statement of Requirements provided as part of the associated tender documents.
The services will be supplied through a combination of on-site and off-site resources.
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.
Total value (estimated)
- £6,416,600 excluding VAT
- £7,700,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 3 November 2025 to 3 November 2029
- Possible extension to 3 November 2030
- 5 years, 1 day
Description of possible extension:
The initial contract term is for 4 years with an option to extend at the Bank's discretion (and in one or more extension periods) up to a further 12 months.
Main procurement category
Services
CPV classifications
- 71200000 - Architectural and related services
Contract locations
- UKI31 - Camden and City of London
Participation
Technical ability conditions of participation
In summary, the conditions of participation address the following;
• Core Supplier Information
• Associated Persons
• Debarment (including proposed sub-consultants)
• Financial Capacity
• Insurance Requirements
• Subcontractor Information (proposed and experience of management)
• Relevant Experience and Contract Examples
• Health & Safety
• Professional Memberships / Accreditation
• Modern Slavery
• Quality Assurance
• Equality & Diversity
• Business Continuity
• ESG
• Bribery Act 2010
All conditions of participation are assessed on a Pass/Fail basis. The questions and the assessment criteria are set out in the Procurement Specific Questionnaire provided as part of the associated tender documents.
Submission
Enquiry deadline
11 July 2025, 12:00pm
Submission type
Tenders
Tender submission deadline
1 August 2025, 12:00pm
Submission address and any special instructions
Submission of responses to the Procurement Specific Questionnaire and initial tenders responses must be via the Bank of England's Procurement portal: https://supplierlive.proactisp2p.com/, and submitted by 1 August 2025.
Responses to the Procurement Specific Questionnaires will first be assessed. Initial tender responses from suppliers that have satisfied the Conditions of Participation will be evaluated and a shortlist determined. The shortlisted suppliers will be invited to participate in negotiations and to submit a final tender response.
Tenders may be submitted electronically
Yes
Languages that may be used for submission
English
Award decision date (estimated)
17 October 2025
Award criteria
Name | Type | Weighting |
---|---|---|
Pricing Requirements | Price | 30% |
Project Approach and Team | Quality | 28% |
Design Ethos and Strategy | Quality | 24% |
Design Delivery and Practicality | Quality | 18% |
Other information
Payment terms
In line with the NEC 4 contract provided as part of the associated tender documents.
Description of risks to contract performance
Given the age and historic nature of the Threadneedle Street site and the fact that the last renewals programme was undertaken in 1942, the Bank considers that the underlying condition of the building is unknown and such items will only be discoverable once the Services and/or construction works to the Threadneedle Street site commence. The precise consequences of any such discovery items and the impact on the provision of the Services including the level of resource or specialist resources required and consequences on the programme is unknown at this stage.
Applicable trade agreements
- Government Procurement Agreement (GPA)
- Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Competitive flexible procedure
Competitive flexible procedure description
The procedure comprises:
Stage 1 - requiring a response to the Conditions of Participation together with an initial tender response. Initial tender responses from suppliers that satisfy the Conditions of Participation will be evaluated and the top five (5) scoring suppliers will be invited to Stage 2
Stage 2 - negotiations with the five (5) shortlisted suppliers
Stage 3 - the Bank will issue a BAFO invitation and request submission of final tender responses
All suppliers that satisfy the Conditions of Participation will be entitled to have their initial tender responses evaluated. Intermediate assessment of initial tender responses against the award criteria to create a shortlist of five suppliers
All shortlisted suppliers will be invited to participate in negotiations and to submit a final tender response.
Documents
Documents to be provided after the tender notice
A - Instructions to Suppliers
B - Procurement Specific Questionnaire
C - Invitation to Tender (including Tender Questions)
D - Statement of Requirements
E - Pricing Schedule
F - Draft Contract (NEC 4 PSC Amendments, TPR Schedule and Contract Data)
G - Supplier Code of Practice
H - Freedom of Information Form
I - Form of Tender
Other Documents - Threadneedle Street Vision
Other Documents - Architectural Services Brief
Other Documents - Bank of England Security Schedule
Documents are provided on the Bank of England's Procurement portal: https://supplierlive.proactisp2p.com/
Due to the sensitive nature of the Threadneedle Street building and associated documentation, interested suppliers are required to complete a non-disclosure agreement in order to access the associated tender documents.
The procurement process incorporates a best and final offer (BAFO) stage and the Bank intends to issue a BAFO invitation to shortlisted suppliers. The BAFO invitation will be based on the Invitation to Tender provided as part of the associated tender documents, updated at the time to request final tenders.
Interested suppliers should e-mail tenderteam@bankofengland.co.uk with the reference "PROC/560" within the subject, and confirm the signatory name and e-mail address for the Non-disclosure Agreement, this will then be issued via Docusign.
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