Facilities Management Services

The Bank of England is currently overseeing a procurement process for the provision of Facilities Management Services, under procurement reference PROC/470. This process is targeted at central government facilities, with services to be primarily delivered in locations such as London, Essex, and potentially Leeds, and across various sites in the United Kingdom. The procurement is in the Tender stage with an active status, with a deadline for expressions of interest on 21 August 2025, and a briefing session scheduled at the Bank's Threadneedle Street site on 31 July 2025.

The contract, valued between £100m and £150m, will be executed over a four-year period, with the possibility of a one-year extension. The procurement method employed is a Competitive Flexible Procedure, encompassing stages from supplier selection to the submission of initial tenders, followed by negotiation and the Best and Final Offer stage prior to award, with services commencing on 9 February 2026 and concluding by 8 February 2030. This tender presents significant opportunities for businesses specialising in facilities management, offering a comprehensive range of services such as cleaning, waste management, security, catering, and event management.

Businesses with a proven track record in managing large-scale operations, particularly those with expertise in central government facilities, are well-suited to compete. The procurement process is designed to be selective, with criteria including technical ability, financial capacity, and relevant experience, ensuring that only qualified providers progress through the competitive stages. This contract affords an opportunity for growth for businesses that can provide cost-efficient, risk-controlled, and high-quality services, allowing them to expand their footprint, particularly in critical locations such as London and Leeds.