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PROCUREMENT OPPORTUNITY

Temenos systems upgrade resource

BANK OF ENGLAND · Transparency notice on Find a Tender

Tender information last checkedLast checked 4 Oct 2026, 14:31.

Opportunity overview

A team of 6+ resources, Time and Materials basis, with a 90 day termination for convenience clause for each resource. £2,004,132 ex VAT

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

TEMENOS UK LIMITED

Matched by number
Published award value
£2m
Awarded
Not supplied
Award ID
1
Status
pending
Identifier
GB-COH 01972767
Location
London, UKI31, EC3M 4TD, United Kingdom

Classification

No classification was supplied.

Lots

  • Lot 1Value not stated

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
ocds-h6vhtk-06613e
Status
complete
Procurement Method
direct
Procurement Method Details
Direct award
Why this procedure was chosen
The direct award to Temenos is justified based on the specialised nature of the requirement, the urgency of the updates and the existing contractual relationship. This approach ensures value for money, maximises public benefit, and aligns with the NPPS policy objectives.
Published risks
This notice is linked to the following published notice: Title: Temenos support and maintenance Notice identifier: 2025/S 000-072462 Procurement identifier (OCID): ocds-h6vhtk-051f6e Published 10 November 2025, 2:22pm

Legal basis

Id
2023/54
Scheme
UKPGA

Procedure reasons

Entry 1
Id
singleSuppliersIntellectualPropertyExclusiveRights
Entry 2
Id
singleSuppliersTechnicalReasons

Lots and requirements

Entry 1
Id
1
Status
complete

Published documents

Entry 1
Id
conflictOfInterest
Document Type
conflictOfInterest
Description
Not published

Buyer, suppliers and contacts

Organisation 1
Name
BANK OF ENGLAND
Id
GB-COH-RC000042

Identifier

Scheme
GB-COH
Id
RC000042

Additional Identifiers

Entry 1
Scheme
GB-PPON
Id
PRDB-1113-HPPT

Address

Street Address
Threadneedle Street
Locality
London
Postal Code
EC2R 8AH
Country
GB
Country Name
United Kingdom
Region
UKI31

Contact

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthorityCentralGovernment
Description
Public authority - central government
Organisation 2
Name
TEMENOS UK LIMITED
Id
GB-COH-01972767

Identifier

Scheme
GB-COH
Id
01972767

Address

Street Address
71 Fenchurch Street, Fifth Floor
Locality
London
Postal Code
EC3M 4TD
Country
GB
Country Name
United Kingdom
Region
UKI31

Contact

Roles

supplier

Details

Scale
large
Vcse
No

Award information

Award 1
Id
1
Status
pending
Main Procurement Category
services
Above Threshold
Yes

Items

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
72000000
Description
IT services: consulting, software development, Internet and support

Delivery locations

Entry 1
Region
UKI
Country
GB
Country Name
United Kingdom

Value

Including VAT
2,404,958
Amount
2,004,132
Currency
GBP

Suppliers

Supplier 1
Id
GB-COH-01972767
Name
TEMENOS UK LIMITED

Contract period

Starts
16 Mar 2026, 00:00
Ends
30 Apr 2028, 23:59

Related lots

1

Documents

Entry 1
Id
019080-2026
Document Type
awardNotice
Notice Type
UK5
Description
Transparency notice on Find a Tender
Published
3 Mar 2026, 15:16
Format
text/html

Milestones

Entry 1
Id
1
Type
futureSignatureDate
Due
16 Mar 2026, 23:59
Status
scheduled

Recorded locations

  • Buyer location · London · UKI31 · EC2R 8AH · United Kingdom

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. 019080-2026Transparency notice on Find a Tender ·