Published date: 12 September 2023

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


Closing: 9 February 2023, 5pm

Contract summary

Industry

  • Software package and information systems - 48000000

Location of contract

England

Value of contract

£88,066

Procurement reference

CON/1000979

Published date

12 September 2023

Closing date

9 February 2023

Closing time

5pm

Contract start date

10 February 2023

Contract end date

29 January 2024

Contract type

Service contract

Procedure type

Single tender action (below threshold)

A direct contract with a single supplier, without competition.

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

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

This contract with MIT Media Lab's Digital Currency Initiative is for a twelve-month research collaboration focused on exploring the technical and regulatory affordances to achieving privacy and protecting personal data across a central bank digital currency (CBDC) platform.

Award information

Awarded date

10 February 2023

Contract start date

10 February 2023

Contract end date

29 January 2024

Total value of contract

£88,066

This contract was awarded to 1 supplier.

Massachusetts Institute of Technology

Address

77 Massachusetts Avenue, Cambridge, Massachusetts 02139

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Jason Cheung

Address

Threadneedle Street
LONDON
EC2R8AH
England

Email

Technology.contracts@bankofengland.co.uk