Published date: 21 September 2022

Last edited date: 21 September 2022

This notice was replaced on 13 September 2023

This notice does not contain the most up-to-date information about this procurement. The most recent notice is:

Awarded contract (published 13 September 2023)

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Contract summary

Industry

  • Systems consultancy services - 72246000

  • Software implementation services - 72263000

  • Software consultancy services - 72266000

Location of contract

EC2R 8AH

Value of contract

£7,000,000

Procurement reference

0723620e-7bf6-4027-a61a-adbe8155a88b

Published date

21 September 2022

Closing date

19 October 2022

Closing time

12pm

Contract start date

28 March 2023

Contract end date

28 October 2027

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?

Yes

Contract is suitable for VCSEs?

No

Description

The Bank of England is looking to engage a strategic integration partner to support the implementation of technical and change management aspects of the Oracle Cloud implementation and business change programme. 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

Links

About the buyer

Contact name

Technology Category

Address

Bank of England, Threadneedle Street
, ,
London
EC2R 8AH
UNITED KINGDOM

Telephone

02034613000

Email

technology.contracts@bankofengland.co.uk