Contract award · 20 Jun 2023

Oracle Cloud Implementation

Bank of England awarded “Oracle Cloud Implementation” to Version 1 Solutions Limited for £8.72m on 20 Jun 2023.

IT servicesLondon

BuyerBank of England
Value £8.72m

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
Bank of England · Body governed by public law
Value
£8,718,830
Procedure
Restricted procedure
Sector
IT services · Software implementation services (CPV 72263000)
Region
London
Timeline
  1. Contract date20 Jun 2023
  2. Published13 Sep 2023Published 85 days after the contract date

Description

This programme is intended to deliver a step change in the capabilities and value delivered by the Finance, Procurement and Recruitment functions in the Bank, leveraging the existing Oracle Cloud tool set to drive sustainable business change. The Bank is intending to appoint this Partner for 55 months, with a potential to extend for a further 24 months. This will cover the design, build, configuration and integrations of the Oracle Cloud system followed by support and maintenance.

About the supplier

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