Awarded contract

British Business Bank - Consultant for Expected Credit Loss & Claims Modelling 0003565

Details

Value
£6,000,000
Duration
4 years
Topic
Financial consultancy services
Published
8 April 2024

Tender description

Text to be corrected in the original notice: Place of text to be modified: Total value of the procurement Instead of: 6,000,000 Read: II.1.7) Total value of the procurement (excluding VAT) Value: 6,800,00 All Suppliers invited to this opportunity have passed the minimum requirements of the Procurement hub's Consultants Dynamic Purchasing System (DPS) OJEU Reference Number 2019/S 130-319565. British Business Bank sought Consultants to provide services on on maintaining and operating a bespoke model solution to enable BBFSL to model and report expected losses and claims across the existing Covid response schemes (BBLS, CBILS, CLBILS), the RLS schemes, and to enable modelling and reporting of future DBT guarantee schemes.

Timeline

  1. Completed: Award date1 April 2024
  2. Completed: Award published8 April 2024
    Current notice
  3. Next: Contract expiry date31 March 2028in 17 months

About the buyer

Places for People Group Ltd is a housing association and one of the UK's largest property, development and regeneration groups. The group's development arm buys through its own frameworks and dynamic purchasing systems for construction supply. A separate Direct Build Dynamic Purchasing System covers residential development work in Scotland. The group also runs Procurement Hub, its own procurement consortium open to public sector organisations as members.

Over the past 5 years, most of Places for People Group Ltd's contract awards have been in construction work, architectural and engineering services and repair and maintenance.

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Decision makers

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