Contract award · 23 Feb 2026

Advisory services regarding the SAP S3 to S4/Hana system upgrade

Bank of England awarded “Advisory services regarding the SAP S3 to…” to Rapid Enterprise Solutions Ltd for £3.8m. Awarded without open competition.

No competitionIT servicesNorth East

BuyerBank of England
Value £3.8m

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Key facts

Buyer
Bank of England · Body governed by public law
Value
£3,800,000
Procedure
Award procedure without prior publication of a call for competition
Sector
IT services · IT services: consulting, software development, Internet and support (CPV 72000000)
Timeline
  1. Contract date23 Feb 2026
  2. Published22 Apr 2026Published 58 days after the contract date

Description

Provision of SAP S/4HANA advisory and assurance services.

About the supplier

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