The Bank of England has selected 15 companies for places on nine lots of a procurement framework to support its technology operations over the next four years.
It has indicated in the award notice that the four-year contract that it involves a series of zero-commit agreements with requirements to be called off over the term , but that it could have a total value of up to £60 million.
These are in place to support the Bank’s critical functions and processes that rely on its systems and technology infrastructure.
A mixture of large companies and SMEs have been appointed to the framework, some of them for multiple lots. The named companies are EPI-USE Labs, Infosys, Accenture, ITC Infotech, Civica, Mastek, Version 1 Solutions, Telstra, Coforge, Axiologik, Credera, Cognizant, QA, Conexia and Ten10 Solutions.
Range of services
The lots include the provision of services for: the Bank’s SAP Business Warehouse data store; multi-cloud environments and interoperability; management of enterprise systems; data; telecoms; database services; business and enterprise architecture; transformation and managed services across the technology stack; and recruitment and training.
The notice also includes indications of areas in which the Bank is aiming to review or transform its use of digital and data.
Among these are to improve its consumption base spend and reporting on cloud services, to understand how its enterprise system suppliers can take a more outcome based approach to providing services, and how it can use future technologies relevant to telecoms.
