Upcoming
Market Engagement of Payments Roadmap Technology Delivery Partner (TDP)
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 £30,000,000 excluding VAT.
The contract runs for 4 years, starting 31 May 2027.
Built from the notice's own fields. Always check the official notice before you bid.
Can I win this?
Competition
Typical: a median of 5 bids per contract for IT and software contracts across the UK (from 1288 awards in the last 12 months).
What the notice says
The Bank of England launched the new RTGS system successfully in April 2025. After a year of maintenance and support, enhancements have been identified to ensure the system is running as effectively as possible. The TDP is required to work alongside the Bank of England to align the core settlement product family and to deliver these strategic enhancements. The Bank plans to explore the options from the market along with how the TDP and enhancements could be procured. Particular suitability: -Understand what capabilities exist in the market for payments, payment processing, AMH and SWIFT messaging. -Assess how suppliers support end‑to‑end innovation in payment messaging. -Identify…Read the full description
The Bank of England launched the new RTGS system successfully in April 2025. After a year of maintenance and support, enhancements have been identified to ensure the system is running as effectively as possible. The TDP is required to work alongside the Bank of England to align the core settlement product family and to deliver these strategic enhancements.
The Bank plans to explore the options from the market along with how the TDP and enhancements could be procured.
Particular suitability:
-Understand what capabilities exist in the market for payments, payment processing, AMH and SWIFT messaging.
-Assess how suppliers support end‑to‑end innovation in payment messaging.
-Identify scalable and flexible approaches that can support future regulatory, operational, and technology change
-Inform subsequent discovery and procurement activity
This Notice is for information only.
The information contained in this notice, including information relating to the nature and scope of the requirements, the estimated value, the service classification of this requirement and the list of CPV codes, is only indicative of current thinking and is neither exhaustive nor binding and the Authority reserves the right at its absolute discretion to amend it at the time of issue of any further notices or at any other time. The publication of this notice in no way obliges the Authority to commence any competitive tender process. The Authority is not and shall not be liable for any costs incurred by those expressing an interest in participating in this premarket engagement exercise.
How to bid
- Read the full notice on Find a Tender, including any tender documents it links to.
- 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.
- Follow the submission instructions in the notice; it does not name an e-tendering portal.
Timeline
- Pipeline notice · UK1, notice 032168-2026
- Preliminary market engagement notice · UK2, notice 066395-2026
About the buyer
Bank of EnglandLast 12 months
Procurements
160Awards
113Suppliers it has used most for IT and software
- S&P Global Market Intelligence LLC4 contracts
- Accenture UK Ltd2 contracts
- Osttra Limited2 contracts
- Temenos UK Limited2 contracts
- 3 Chillies Limited1 contract
Similar open tenders
All open IT and software tenders- £2.84mestimated
- £540kestimated
- £135kestimated
- £82kestimated
- £18mframework ceiling
From notice 032168-2026 on Find a Tender, first published 9 April 2026, last updated 14 July 2026. We last checked for changes on 28 September 2026.