Award

Independent External Assurance Review

  • BANK OF ENGLAND

UK6: Contract award notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2025/S 000-067722

Procurement identifier (OCID): ocds-h6vhtk-05d23a

Published 23 October 2025, 10:54am



Scope

Description

To provide External Assurance Review Services.


Contract 1. Independent External Assurance Review (TPRM)

Supplier

Contract value

  • £95,000 excluding VAT
  • £115,000 including VAT

Below the relevant threshold

Award decision date

23 September 2025

Earliest date the contract will be signed

23 October 2025

Contract dates (estimated)

  • 23 October 2025 to 19 October 2026
  • Possible extension to 18 October 2027
  • 1 year, 11 months, 27 days

Description of possible extension:

The option for the extension of 1 additional year.

Main procurement category

Services

CPV classifications

  • 72225000 - System quality assurance assessment and review services

Contract locations

  • UKC - North East (England)
  • UKD - North West (England)
  • UKE - Yorkshire and the Humber
  • UKF - East Midlands (England)
  • UKG - West Midlands (England)
  • UKH - East of England
  • UKI - London
  • UKJ - South East (England)
  • UKK - South West (England)

Information about tenders

  • 5 tenders received
  • 5 tenders assessed in the final stage:
    • 3 submitted by small and medium-sized enterprises (SME)
    • 0 submitted by voluntary, community and social enterprises (VCSE)
  • 1 supplier awarded contracts
  • 4 suppliers unsuccessful (details included for contracts over £5 million)

Procedure

Procedure type

Below threshold - limited competition


Supplier

3VRM LIMITED

  • Companies House: 10097443
  • Public Procurement Organisation Number: PWVR-8784-ZPYN

64 Jersey Street

Manchester

M4 6JW

United Kingdom

Region: UKD33 - Manchester

Small or medium-sized enterprise (SME): Yes

Voluntary, community or social enterprise (VCSE): No

Contract 1. Independent External Assurance Review (TPRM)


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