Scope
Description
Provision of 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
Award decision date
5 November 2025
Standstill period
- End: 10 December 2025
- 8 working days
Earliest date the contract will be signed
11 December 2025
Contract dates (estimated)
- 12 December 2025 to 11 December 2030
- 5 years
Main procurement category
Goods
Options
The right to additional purchases while the contract is valid.
To procure additional 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)
Procedure
Procedure type
Direct award
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
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