Awarded contract

Tech Transformation (Test Automation Initiative)

Details

Supplier(s)
Parasoft UK Limited
Duration
1 year
Topic
Software package and information systems
Published
13 January 2026

Tender description

Provision of SOAtest virtualisation software licence ## Contract award

Timeline

  1. Completed: Award published13 January 2026
    Current notice
  2. Completed: Award date13 January 2026
  3. Next: Contract expiry date31 December 2026in 3 months

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

  • 48000000 · Software package and information systems

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Decision makers

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