Contracts Finder · Award

RTGS Renewal

A public procurement published by Bank of England via Contracts Finder.

Contracts FinderAward
£81.4m
Award value
£150m
Tender value
1
Suppliers
1
Awards
3
Notices
Award
Stage

Overview

The Bank of England ("the Bank") wishes to renew its current Real Time Gross Settlement (RTGS) service. RTGS lies at the heart of UK payments, settling more than £600bn of payments each working day. The RTGS infrastructure is over 20 years old and, despite its strong operational record, it needs to be modernised and developed to meet the needs of the future, safeguarding stability whilst enabling innovation. The Bank is seeking a Technology Delivery Partner (TDP) for the build, integration and support of the renewed RTGS system; including the design, build, integration and support of the replacement Core Settlement Engine (CSE) and designing and delivering the integration of the end to end…

Key details

Source
Contracts Finder
Lifecycle stage
Award
Status
active
CPV classification
48000000 — Software package and information systems
Currency
GBP
Total award value
£81,389,429
Tender value
£150,000,000
First published
8 Feb 2019
Last updated
22 Sept 2020
View the original notice

Awards

1 award recorded on this procurement.

SupplierCompanies HouseAwardedStatusValue
Accenture (UK) Ltd0475730128 Jul 2020active£81.4m

Notice timeline

Every published notice in this procurement's lifecycle.

  1. Tender noticeRTGS Renewal
  2. Tender noticeRTGS Renewal
  3. Award noticeRTGS Renewal

All suppliers

Frameworks & programmes

FAQs about this procurement

Who is the buyer for "RTGS Renewal"?

RTGS Renewal is a UK public-sector procurement published by Bank of England via Contracts Finder.

Has "RTGS Renewal" been awarded?

Yes — 1 award is recorded, with a reported total value of £81,389,429. The current lifecycle stage is "Award".

Which suppliers are involved in "RTGS Renewal"?

1 supplier is linked: Accenture (UK) Ltd.

What is "RTGS Renewal" worth?

The reported award value is £81,389,429.

When was "RTGS Renewal" published?

It was first published on 8 Feb 2019 and last updated on 22 Sept 2020, across 3 notices.

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