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| Source: | Find a Tender Service (FTS) |
| Notice Type: | Planning update |
| Buyer: | BANK OF ENGLAND |
| Main Category: | Services |
| Procurement Method: | — |
| Tender Status: | Pre-tender |
| Estimated Value (ex. VAT): | £20,000,000 |
| Estimated Value (inc. VAT): | £24,000,000 |
| Release Date: | 9 October 2026 |
| Application Deadline: | — |
| Contract Start Date: | 30 April 2027 (Estimated) |
| Contract End Date: | 30 April 2034 (Estimated) |
| Contract Duration: | 7.1 years |
| Procurement ID (OCID): | ocds-h6vhtk-05f179 |
| Notice Reference: | 095831-2026 |
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Owing to delay in initial timescales, notice has been updated accordingly.
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.
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Estimated Value
£20,000,000
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