De La Rue named BoE’s preferred bidder
The Bank of England has named Basingstoke-based De La Rue as preferred bidder for its banknote printing contract.
Subject to successful completion of assurance activities in respect of De La Rue’s bid, finalisation of the contract, and the final award decision by the Court of the Bank of England, the Bank expects to sign the contract in October.
Printing under the new contract is due to commence in April 2015.
The central bank started a formal public procurement process in November 2012 for the printing of the Bank’s banknotes at the bank’s facility in Debden, Essex.
Having received bids in June, the bank has now completed a thorough evaluation of the submitted bids.
Subject to successful completion of assurance activities in respect of De La Rue’s bid, finalisation of the contract, and the final award decision by the Court of the Bank of England, the Bank expects to sign the contract in October.
Printing under the new contract is due to commence in April 2015.
The central bank started a formal public procurement process in November 2012 for the printing of the Bank’s banknotes at the bank’s facility in Debden, Essex.
Having received bids in June, the bank has now completed a thorough evaluation of the submitted bids.
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