Awarded contract

Northern Ireland Regional Business Support Partner

Details

Value
£390,000
Duration
4 years
Topic
Loan brokerage services
Published
16 May 2023

Tender description

The Start-Up Loans Company has conducted a procurement to establish agreements for Business Support Partners for the Start Up Loans scheme. Business Support Partners will be responsible for providing credit broking services for personal loans for applicants who are preparing to start-up or are an early-stage business. The contract is for an initial term of 24-months, with a maximum of two extensions of up to 12-months each available (i.e. a maximum extension period of up to 24 months).

Timeline

  1. Completed: Award date1 April 2023
  2. Completed: Award published16 May 2023
    Current notice
  3. Next: Contract expiry date31 March 2027in 5 months

About the buyer

British Business Bank is a government-owned economic development bank and non-departmental public body, wholly owned by the Department for Business and Trade. A supplier management policy sets out how the Bank runs its contracts. Monthly spend above a set threshold is published for transparency. Suppliers can also read the Bank's guide to public sector tendering.

Public sector frameworks let suppliers win call-off contracts through mini-competitions.

Over the past 5 years, most of British Business Bank's contract awards have been in business services, financial and insurance services and software and information systems.

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Decision makers

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