Skip to main content

We've saved some files called cookies on your device. These cookies are:

  • essential for the site to work
  • to help improve our website by collecting and reporting information on how you use it

We would also like to save some cookies to help tailor communications.

BETA
You're viewing an updated version of this service - your feedback will help us to improve it.

Prior Information Notice

Additional Network for RTGS

  • First published: 17 April 2024
  • Last modified: 17 April 2024

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-h6vhtk-0452c5
Published by:
Bank of England
Authority ID:
AA20014
Publication date:
17 April 2024
Deadline date:
-
Notice type:
Prior Information Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The Bank is considering the possibility of delivering an additional secured messaging network to enable participants to connect to the Bank's Real Time Gross Settlement (RTGS) system. The service is aimed to support operational resiliency by providing an additional means of payments messaging alongside that already provided by Swift. An additional network could also support ease of access to central bank money by providing new ways of connecting and leveraging RTGS.

This is a part of the Bank's long-term vision for the renewed RTGS service: to act as an open platform for the UK financial services industry to facilitate safe and efficient settlement in central bank money.

The RFI document can be found at https://supplierlive.proactisp2p.com/Account/Login and includes further detail on the Bank's operations and considerations, including the information requested from interested suppliers. The deadline to respond is 16 May 2024 16:00.

Full notice text

Prior information notice

This notice is for prior information only

Section I: Contracting authority

I.1) Name and addresses

BANK OF ENGLAND

RC000042

Threadneedle Street

LONDON

EC2R8AH

UK

Contact person: Gavin Pais

E-mail: Gavin.Pais@bankofengland.co.uk

NUTS: UKI31

Internet address(es)

Main address: https://www.bankofengland.co.uk/

I.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge at:

https://supplierlive.proactisp2p.com/Account/Login


Additional information can be obtained from the abovementioned address


I.4) Type of the contracting authority

Body governed by public law

I.5) Main activity

Economic and financial affairs

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Additional Network for RTGS

II.1.2) Main CPV code

72000000

 

II.1.3) Type of contract

Services

II.1.4) Short description

The Bank is considering the possibility of delivering an additional secured messaging network to enable participants to connect to the Bank's Real Time Gross Settlement (RTGS) system. The service is aimed to support operational resiliency by providing an additional means of payments messaging alongside that already provided by Swift. An additional network could also support ease of access to central bank money by providing new ways of connecting and leveraging RTGS.

This is a part of the Bank's long-term vision for the renewed RTGS service: to act as an open platform for the UK financial services industry to facilitate safe and efficient settlement in central bank money.

The RFI document can be found at https://supplierlive.proactisp2p.com/Account/Login and includes further detail on the Bank's operations and considerations, including the information requested from interested suppliers. The deadline to respond is 16 May 2024 16:00.

II.1.6) Information about lots

This contract is divided into lots: No

II.2) Description

II.2.2) Additional CPV code(s)

32400000

II.2.3) Place of performance

NUTS code:

UKI

II.2.4) Description of the procurement

The Bank is now looking for responses to support discovery work and identification of commercial solutions for providing an additional network. The Bank is also looking to assess the likely costs to enable the Bank to set reasonable budgets for the capabilities the network may need.

At this stage, the Bank is seeking only initial insights as to how you might provide such a network solution. It is not the intent of the Bank to compare responses for the purposes of any pre-qualification or short listing. This is a 'Request for Information' only.

II.3) Estimated date of publication of contract notice:

05/01/2026

Section IV: Procedure

IV.1) Description

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

Section VI: Complementary information

VI.5) Date of dispatch of this notice

16/04/2024

Coding

Commodity categories

ID Title Parent category
72000000 IT services: consulting, software development, Internet and support Computer and Related Services
32400000 Networks Radio, television, communication, telecommunication and related equipment

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
Gavin.Pais@bankofengland.co.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

0800 222 9004

Lines are open 8:30am to 5pm Monday to Friday.

Rydym yn croesawu galwadau'n Gymraeg.

We welcome calls in Welsh.