Published date: 13 September 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 21 November 2022, 12pm

Contract summary

Industry

  • Systems consultancy services - 72246000

  • Software implementation services - 72263000

  • Software consultancy services - 72266000

Location of contract

London

Value of contract

£8,718,830

Procurement reference

PRJ/1000088 Oracle Cloud Implementation

Published date

13 September 2023

Closing date

21 November 2022

Closing time

12pm

Contract start date

20 June 2023

Contract end date

20 January 2030

Contract type

Service contract

Procedure type

Restricted procedure (above threshold)

A two-stage procedure, where the first stage is used to select suppliers, who are then invited to bid in the second stage.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

This programme is intended to deliver a step change in the capabilities and value delivered by the Finance, Procurement and Recruitment functions in the Bank, leveraging the existing Oracle Cloud tool set to drive sustainable business change. The Bank is intending to appoint this Partner for 55 months, with a potential to extend for a further 24 months. This will cover the design, build, configuration and integrations of the Oracle Cloud system followed by support and maintenance.

More information

Previous notice about this procurement

Oracle Cloud Implementation

  • Opportunity
  • Published 21 September 2022, last edited 21 September 2022

Award information

Awarded date

20 June 2023

Contract start date

20 June 2023

Contract end date

20 January 2030

Total value of contract

£8,718,830

This contract was awarded to 1 supplier.

VERSION 1 SOLUTIONS LIMITED

Address

GROSVENOR HOUSE,,PROSPECT HILL
REDDITCH,
Worcestershire,
B97 4DL
GB

Reference

Companies House number: 03438874

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Maneesh Sharma

Address

Threadneedle Street
LONDON
EC2R8AH
England

Telephone

07748965767

Email

maneesh.sharma@bankofengland.co.uk