Market Engagement of Payments Roadmap Technology Delivery Partner (TDP)

BANK OF ENGLAND

Published: Jul 14, 2026

Updated: Jul 14, 2026

Source: uk_fts

About This Opportunity

This is a consulting contract in the information and communication technology and finance and banking sectors, with a focus on Banking. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums, with an estimated budget of GBP 30.0 million.

Published through UK FTS - Find a Tender Service, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for consulting in the information and communication technology sector. Consulting assignments are typically evaluated with a strong emphasis on the technical proposal, including the methodology and qualifications of key experts. Shortlisted firms may be invited to submit financial proposals in a second stage. This is an advance notice — the formal tender is expected to be published shortly. Interested parties can use this time to prepare documentation and identify potential partners.

Description

The Bank of England launched the new RTGS system successfully in April 2025. After a year of maintenance and support, enhancements have been identified to ensure the system is running as effectively as possible. The TDP is required to work alongside the Bank of England to align the core settlement product family and to deliver these strategic enhancements. The Bank plans to explore the options from the market along with how the TDP and enhancements could be procured. Particular suitability: -Understand what capabilities exist in the market for payments, payment processing, AMH and SWIFT messaging. -Assess how suppliers support end‑to‑end innovation in payment messaging. -Identify scalable and flexible approaches that can support future regulatory, operational, and technology change -Inform subsequent discovery and procurement activity This Notice is for information only. The information contained in this notice, including information relating to the nature and scope of the requirements, the estimated value, the service classification of this requirement and the list of CPV codes, is only indicative of current thinking and is neither exhaustive nor binding and the Authority reserves the right at its absolute discretion to amend it at the time of issue of any further notices or at any other time. The publication of this notice in no way obliges the Authority to commence any competitive tender process. The Authority is not and shall not be liable for any costs incurred by those expressing an interest in participating in this premarket engagement exercise.

Data provenance

This notice is sourced from UK FTS - Find a Tender Service and was originally published on July 14, 2026. Last refreshed today. Reference: 066395-2026. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About BANK OF ENGLAND

BANK OF ENGLAND has issued 206 procurement notices on BidsFactory, including 4 currently open and 192 awarded contracts. Activity concentrates in Information & Communication Technology, Governance & Public Administration, and Construction & Civil Works. All notices are published for United Kingdom. Notices are distributed via UK Contracts Finder and UK FTS - Find a Tender Service. Most recent publication: July 14, 2026.

Frequently asked questions about this tender

What type of contract is this?

This is a Consulting contract in the Information & Communication Technology sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

What is the estimated budget?

The estimated contract value is £30,000,000 - £30,000,000. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.

Where will the contract be performed?

The contract is for delivery in United Kingdom. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit UK FTS - Find a Tender Service to access the full notice, required documents, and submission instructions. Quote reference 066395-2026 when communicating with the contracting authority.

Who is the contracting authority?

This notice was issued by BANK OF ENGLAND in United Kingdom. The authority is responsible for evaluating bids, awarding the contract, and managing performance.