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AwardedAwarded 30 September 2025

Securities & Collateral Management Settlement System Support and Maintenance Contract

Bank of England · Central government

In brief

Bank of England awarded IT and software work to Vermeg Systems Limited on 30 September 2025.

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

What the notice says

Vermeg Securities & Collateral Management Settlement System Support and Maintenance Contract

Who won

WinnerValueDates
Vermeg Systems Limited£8,000,000
21 December 2027 to 20 December 2032
Vermeg Systems Limited£8,000,000
21 December 2027 to 20 December 2032

Values as the award notice gives them, excluding VAT where stated.

Timeline

  1. Contract details notice · UK7, notice 066939-2025
  2. Contract details notice · UK7, notice 085838-2025

About the buyer

Bank of EnglandLast 12 months

Procurements

160

Awards

115

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From notice 066939-2025 on Find a Tender, first published 21 October 2025, last updated 23 December 2025. We last checked for changes on 28 September 2026.