Upcoming

Data Collection Services (Re procurement of the Bank of England's Electronic Data System, BEEDS)

Bank of England · Central government

In brief

Bank of England has announced plans to buy IT and software work. This is an early notice: there is nothing to bid on yet, but it tells you a tender may follow.

The estimated value is £20,000,000 excluding VAT.

The contract runs for 7 years, up to 11 years with extensions, starting 1 May 2027.

Built from the notice's own fields. Always check the official notice before you bid.

Can I win this?

Competition

Usually high: a median of 6 bids per contract for IT and software contracts across the UK (from 912 awards in the last 12 months).

What the notice says

BEEDS is the Bank's current strategic data collection system and is the primary digital gateway for collecting regulatory and statistical data from our firms. The system underpins a very large number of critical data collections and is relied on daily by firms and teams across the Bank. The Bank plans to update and modernise our data collection capabilities with the new data collection platform and associated data modelling and toolsets. The Bank will also require XBRL validation processing services and professional services to deploy the new Data Collection System and to migrate some existing data. Note an earlier RFI was published and earlier engagement on BEEDS took place in 2024. Operational reasons then delayed further procurement activity until this year.

How to bid

  1. Read the full notice on Find a Tender, including any tender documents it links to.
  2. Register your organisation on the Central Digital Platform (through Find a Tender) if you have not already. Suppliers need to be registered to take part in procurements under the Procurement Act 2023.
  3. Follow the submission instructions in the notice; it does not name an e-tendering portal.

Timeline

  1. Pipeline notice · UK1, notice 080933-2025
  2. Preliminary market engagement notice · UK2, notice 053944-2026

About the buyer

Bank of EnglandLast 12 months

Procurements

160

Awards

115

Suppliers it has used most for IT and software

  1. PURCON 5035 Retail Supply Partnership

    University of East AngliaEast of EnglandFood and drink supplies, IT services and software

    Closing soon2 hours leftExpress interest

    £9mestimated
  2. SIEM/SOAR Solution for Jisc Security Operations Centre

    JiscUK-wideIT services and software

    Closing soon14 hours leftExpress interest

    £9.25mestimated
  3. Google Products & Services Reseller Framework Agreement

    Digital Health & Care WalesWalesIT services and software, Telecoms and networks

    Closing soon14 hours leftSuitable for SMEsFramework

    £15mframework ceiling
  4. The Provision of Access to Media Monitoring Services

    Cabinet OfficeUK-wideIT services and software

    Closing soon14 hours leftSuitable for SMEsSmall contract

    £40kestimated
  5. King's Trust DBS and Vetting Services

    The King's TrustUK-wideFinancial services and insurance, IT services and software

    Closing soon14 hours leftSuitable for SMEsSmall contract

    £65kestimated

From notice 080933-2025 on Find a Tender, first published 9 December 2025, last updated 8 June 2026. We last checked for changes on 28 September 2026.