Awarded contract

Agreement for the Start-Up Loans Company's Post Loan Support Partner services

Details

Buyer: British Business Bank
Supplier(s): NEWABLE TRADE (LONDON) LTD
Value: £5,300,000
Duration: 5 years
Topic: Education and training services
Published: 30 May 2023
Source: uk:contracts_finder

Tender description

The Start-Up Loans Company has conducted a procurement to establish an agreement for a Post Loan Support Partner for the Start Up Loans scheme. The Post Loan Support Partner will be responsible for providing mentoring and related services to Borrowers of personal loans, issued under the Scheme, who are preparing to start-up or are an early-stage business. The Post Loan Support Partner will offer the services to all Borrowers across the whole of the UK.

Timeline

Completed: Award date1 May 2023
Completed: Award published30 May 2023
Current notice
Next: Contract expiry date31 March 2028in 18 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. Procurement follows the Public Contract Regulations 2015 and the Procurement Act 2023. Larger opportunities are advertised through the Find a Tender service. Public sector frameworks let suppliers win call-off contracts through mini-competitions. A contracts register, updated every six months, lists what the Bank has awarded. Monthly spend above a set threshold is published for transparency. Suppliers can also read the Bank's guide to public sector tendering.

Procurement spend from central entities makes up 66% of overall UK public spend.

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.

Relevant CPV codes

80000000 · Education and training services

Decision makers

Connect with the people behind this procurement.

Job title	Phone number	Work email
Head of Procurement	+44 •••• ••••••	••••••••@british-business-bank.gov
Commercial Director	+44 •••• ••••••	••••••••@british-business-bank.gov
Procurement Manager	+44 •••• ••••••	••••••••@british-business-bank.gov
Category Lead	+44 •••• ••••••	••••••••@british-business-bank.gov
Senior Buyer	+44 •••• ••••••	••••••••@british-business-bank.gov
Contracts Manager	+44 •••• ••••••	••••••••@british-business-bank.gov