Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
BANK OF ENGLAND
Threadneedle Street
London
EC2R8AH
UK
Contact person: Technology Procurement Team
E-mail: Technology.contracts@bankofengland.co.uk
NUTS: UKI31
Internet address(es)
Main address: www.bankofengland.co.uk/
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
Advisory services regarding the SAP S3 to S4/Hana system upgrade
II.1.2) Main CPV code
72000000
II.1.3) Type of contract
Services
II.1.4) Short description
SAP S/4HANA advisory services.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
3 800 000.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKC
UKD
UKE
UKF
UKG
UKH
UKI
UKJ
UKK
II.2.4) Description of the procurement
Provision of SAP S/4HANA advisory and assurance services.
II.2.5) Award criteria
Price
II.2.11) Information about options
Options:
Yes
Description of options:
Initial term: 9 months
Extension options: up to 39 months
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Award of a contract without prior publication of a call for competition
Justification for selected award procedure:
The procurement falls outside the scope of application of the Directive
Explanation
The contract was awarded by way of a call‑off under the G‑Cloud 14 framework which was established following a compliant competition under the Public Contracts Regulations 2015. No separate call for competition is required for individual framework call‑offs. This procurement remains within the scope of the Regulations.
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
23/02/2026
V.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Rapid Enterprise Solutions Limited
08627433
Liverpool
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 3 800 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
High Court of Justice (England and Wales)
London
UK
VI.5) Date of dispatch of this notice
22/04/2026