Contract award · 16 Apr 2025

Variation to Cost Management Services Agreement

Bank of England awarded “Variation to Cost Management Services Agreement” to Gardiner & Theobald LLP for £60,000. Awarded without open competition.

No competitionReal estate servicesLondon

BuyerBank of England
Value £60,000

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
£60,000
Procedure
Single tender action (below threshold)
Sector
Real estate services · Commercial property management services (CPV 70332200)
Region
London
Timeline
  1. Contract date16 Apr 2025
  2. Published8 Sep 2025Published 145 days after the contract date

Description

Variation for additional project management services for £60,000. New contract value is £194,880.

About the supplier

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