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

147

Awards

108

Suppliers it has used most for IT and software

  1. Procurement of a 'Local Authority' Legal Case Management System

    North Tyneside Borough CouncilNorth EastIT services and software, Legal services

    Closing soon11 hours left

    £200kestimated
  2. Business Support North East Framework

    North East Combined AuthorityNorth EastFinancial services and insurance, IT services and software

    Closing soon16 hours left5 lotsSuitable for SMEsFramework

    £23mframework ceiling
  3. Schools Microsoft Enterprise Licensing Agreement

    Newcastle City CouncilNorth EastIT services and software

    Closing soon6 days left

    Value not stated
  4. Procurement of an HR and Payroll System

    Look Ahead Care and Support LimitedNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South WestIT services and software

    Open7 days leftSuitable for SMEs

    £1.5mestimated
  5. Maiden Erlegh Trust - Mobile Device Scheme

    Maiden Erlegh TrustNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South WestOffice supplies and equipment, IT services and software

    Open10 days leftSuitable for SMEs

    £6mestimated

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.