Official UK procurement notice
Data modelling, platform tool & ISO 20022 message development
Authority: BANK OF ENGLAND
What is being bought2 lots · detail below
Published requirement descriptionThe Bank of England (“the Bank”) wishes to engage a supplier to deliver Data Modelling, Tooling & ISO20022 Message Development services, which are technological requirements servicing XBRL-based data collections.
The contract will also be used to procure consultancy services relating to payment messaging and the RTGS2 programme. Specifically, the consultancy services will provide critical support for developing and maintaining ISO 20022 messages, the payment messaging standard to which the Bank is migrating in 2023.
Data Modelling and the Platform Tool are crucial technological requirements, allowing for crucial XBRL-based data collections. They will allow the Bank to collect data from the firms it regulates to fulfil the Bank's mission to maintain monetary and financial stability.
Lot Estimated value (excluding VAT)
Lot 1 £2,950,000
Lot 2 £800,000
Please note: This opportunity was previously published on 14/10/2022 however is being re-published due to a notice issue.
CPV: Business and management consultancy and related services · IT services: consulting, software development, Internet and support · Software-related services · Systems consultancy services
Lots and requirements (2)Procurement structure
2 lots · all with a published value (£3,750,000 together)Lot #1Data Modelling & Platform ToolPublished value£2,950,000
- Lot 1
The Bank is seeking a suitable supplier to provide data point modelling expertise and related tooling to enable the Bank to meet current and future data collection requirements.
Please note: This opportunity was previously published on 14/10/2022 however is being re-published due to a notice issue.
Lot #2ISO20022 Message DevelopmentPublished value£800,000
Lot 2
The Bank is seeking a suitable supplier to provide resource and expertise to help deliver the renewed real time gross settlement (RTGS) messaging services. This will enable the Bank to deliver current and future payment messaging services using ISO 20022. The services will include delivery and maintenance of technical artefacts (e.g. ISO 20022 XML messages) for messaging services such as CHAPS, settlement services, and reserves account services. Within this Lot consultancy services will provide critical support for developing and maintaining ISO 20022 messages, the payment messaging standard to which the Bank is migrating in 2023.
Please note: This opportunity was previously published on 14/10/2022 however is being re-published due to a notice issue.
Procedure terms & legal framework
From the official record- Procedure method
- Restricted procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Closed
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- No (one-off requirement)
- First published
- 26 Oct 2022, 12:52 BST
- Last source update
- 26 Oct 2022, 12:52 BST
- Authority reference
DN1415- FTS notice number
2022/S 000-030179- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-037c4fFind a Tender
How it was run
Official notice- Submission deadline
- 17 Nov 2022, 12:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Participation fee
- document
Timeline
26 Oct 2022 → 17 Nov 2022 · 2 dates- Notice published26 Oct 2022, 12:52 BST
- Submission deadline17 Nov 2022, 12:00 GMT
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High Court of England and WalesReview body
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.