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Provision of Technology Services for Settlement products within payments

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 5 April 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

Provision of Technology Services for Settlement products within payments This is currently in the early planning stages and the details are still being discussed internally

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 032115-2026

About the buyer

Bank of EnglandLast 12 months

Procurements

160

Awards

113

Suppliers it has used most for IT and software

All tenders and awards from Bank of England

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From notice 032115-2026 on Find a Tender, first published 8 April 2026. We last checked for changes on 28 September 2026.