Pipeline

Banknote Supply and Services Agreement

  • BANK OF ENGLAND

UK1: Pipeline notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2025/S 000-083052

Procurement identifier (OCID): ocds-h6vhtk-05f615

Published 15 December 2025, 4:42pm



Scope

Reference

Proc/033

Description

This opportunity relates to the production and delivery of banknotes

Total value (estimated)

  • £750,000,000 excluding VAT
  • £900,000,000 including VAT

Contract dates (estimated)

  • 1 March 2028 to 28 February 2038
  • Possible extension to 28 February 2041
  • 13 years

Main category

Goods

CPV classifications

  • 22430000 - Banknotes

Contract locations

  • UKH3 - Essex

Submission

Publication date of tender notice (estimated)

19 January 2026


Procedure

Procedure type

Competitive flexible procedure

Above or below total value threshold

Above or equal to threshold


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