Scope
Reference
CON/1002007
Description
OSTTRA Portfolio Reconciliation and Collateral Margin Management License
Contract 1
Supplier
Contract value
- £722,183.08 excluding VAT
- £866,619.70 including VAT
Above the relevant threshold
Earliest date the contract will be signed
8 December 2025
Contract dates (estimated)
- 9 December 2025 to 8 December 2030
- 5 years
Main procurement category
Goods
Options
The right to additional purchases while the contract is valid.
To procure addition function
CPV classifications
- 48000000 - Software package and information systems
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)
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Direct award
Direct award justification
Single supplier - intellectual property or exclusive rights
(a) due to a particular supplier having intellectual property rights or other exclusive rights, only that supplier can supply the goods, services or works required, and
(b)there are no reasonable alternatives to those goods, services or works.
Supplier
Osttra Limited
- Companies House: 04027741
- Public Procurement Organisation Number: PBMQ-3684-WYVW
2nd Floor, London Fruit and Wool Exchange
London
E1 6PW
United Kingdom
Region: UKI42 - Tower Hamlets
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): 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