Awarded contract

Notes Educational Material Distribution and Storage

Details

Value
£119,870
Duration
5 years
Topic
Banknotes
Published
9 July 2025

Tender description

To manage the distribution of all orders received for hardcopy banknote educational materials, including storage of large volumes of these materials ahead of distribution.

Timeline

  1. Completed: Award date1 April 2025
  2. Completed: Award published9 July 2025
    Current notice
  3. Next: Contract expiry date31 March 2030in 3 years

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

  • 22430000 · Banknotes

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Decision makers

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