Buyer Name: BANK OF ENGLAND
Buyer Address: Threadneedle Street, London, UKI31, EC2R 8AH, United Kingdom
Contact Email: askprocurement@bankofengland.co.uk
Securities & Collateral Management Settlement System Support and Maintenance Contract
Buyer Contact Info
Status
complete
complete
Procedure
direct
direct
Value
8000000.0 GBP
8000000.0 GBP
Published
23 Dec 2025, 13:21
23 Dec 2025, 13:21
Deadline
n/a
n/a
Contract Start
21 Dec 2027, 00:00
21 Dec 2027, 00:00
Contract End
20 Dec 2032, 23:59
20 Dec 2032, 23:59
Category
n/a
n/a
CPV
72000000 - IT services: consulting, software development, Internet and support
72000000 - IT services: consulting, software development, Internet and support
Region
n/a
n/a
Awarded To
VERMEG SYSTEMS LIMITED
VERMEG SYSTEMS LIMITED
Official Source
Open Find a Tender
Open Find a Tender
Description
Vermeg Securities & Collateral Management Settlement System Support and Maintenance Contract
Linked Documents
Select a document to preview.
Opportunity Context
Lots
Lot 1 Status: complete
Documents
Document Description: Not published
Raw Notice JSON
Expand raw payload
{
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{
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},
"contracts": [
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"agreedMetrics": [
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"id": "1",
"title": "Name Service level performance reporting"
},
{
"id": "2",
"title": "Quarterly Review Meeting report"
},
{
"id": "3",
"title": "Compliance with the Bank\u0027s Security requirements"
}
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"awardID": "2",
"dateSigned": "2025-09-30T00:00:00+01:00",
"documents": [
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"id": "A-9558",
"url": "https://www.find-tender.service.gov.uk/Notice/Attachment/A-9558"
},
{
"datePublished": "2025-12-23T13:21:38Z",
"description": "Contract details notice on Find a Tender",
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"noticeType": "UK7",
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],
"hasOptions": true,
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"id": "2",
"options": {
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},
"period": {
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"renewal": {
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"status": "active",
"value": {
"amount": 8000000,
"amountGross": 9600000,
"currency": "GBP"
}
}
],
"date": "2025-12-23T13:21:38Z",
"id": "085838-2025",
"initiationType": "tender",
"language": "en",
"ocid": "ocds-h6vhtk-059bef",
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"streetAddress": "Threadneedle Street"
},
"contactPoint": {
"email": "askprocurement@bankofengland.co.uk"
},
"details": {
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},
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},
{
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"address": {
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"postalCode": "WC1B 4HP",
"region": "UKI31",
"streetAddress": "55-56 Russell Square"
},
"contactPoint": {
"email": "jmistry@vermeg.com"
},
"details": {
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"scale": "large",
"shelteredWorkshop": false,
"url": "http://www.vermeg.com",
"vcse": false
},
"id": "GB-COH-02322432",
"identifier": {
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"scheme": "GB-COH"
},
"name": "VERMEG SYSTEMS LIMITED",
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"tag": [
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"description": "Vermeg Securities \u0026 Collateral Management Settlement System Support and Maintenance Contract",
"documents": [
{
"description": "Not published",
"documentType": "conflictOfInterest",
"id": "conflictOfInterest"
}
],
"id": "CON/1001937",
"legalBasis": {
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"scheme": "UKPGA",
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"status": "complete"
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],
"procurementMethod": "direct",
"procurementMethodDetails": "Direct award",
"procurementMethodRationale": "(a)due to a particular supplier having intellectual property rights or other exclusive rights, only that supplier can supply the goods, services or works required, and\n(b)there are no reasonable alternatives to those goods, services or works.",
"procurementMethodRationaleClassifications": [
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}
],
"status": "complete",
"title": "Securities \u0026 Collateral Management Settlement System Support and Maintenance Contract"
}
}