Expired contract

Chartered Institute for IT Membership

Details

Value
£105,000
Duration
4 years
Topic
Membership organisation services
Published
27 November 2023

Tender description

Membership to the Chartered Institute for IT to provide professional membership for up to 200 Bank staff working within Technology.

Timeline

  1. Completed: Award date1 October 2021
  2. Completed: Award published27 November 2023
    Current notice
  3. Completed: Contract expiry date30 September 2025

About the buyer

The Bank of England is the UK's central bank, and it buys as a Sub-Central Contracting Authority under the Procurement Act 2023. Suppliers register on the Bank's Oracle Fusion Supplier Portal before they can be invited to tender. Contract notices also appear on the government's Find a Tender Central Digital Platform. The Bank's Commercial Division runs the tendering process and scores bids against published selection criteria. An evaluation panel made up of Bank officers then assesses full tender submissions against the stated award criteria. Registered suppliers then move from prospective to spend-authorised status once they have won a contract.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of Bank of England's contract awards have been in IT services, software and information systems and business services.

Relevant CPV codes

  • 98100000 · Membership organisation services

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Decision makers

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