Expired contract

GB-Sheffield: Finance Innovation Lab - horizon scanning

Details

Supplier(s)
Finance Innovation Lab
Value
£25,000
Duration
1 month
Topic
Business and management consultancy and related services
Published
1 April 2025

Tender description

We need to carry out a horizon-scanning baselining exercise of sustainability-related factors that may be relevant to the Bank's achievement of its strategic objectives and to its financial performance. The Financial Innovation Lab produces a report on UK financial sector policy that is updated monthly. In producing the report, the Lab monitors a wide range of sources of information and analysis. We would be commissioning a bespoke one-off report, based on the FSP Forward Look, that: • Allows BBB to make use of the contents for commercial purposes • Identifies issues that: • may impact directly on BBB • are most relevant to BBB's customers, namely UK smaller businesses, start-ups and venturebacked growth companies • may impact on the ability of non-deposit-taking small and medium sized financial institutions (SME FIs) to provide finance to the Bank's customers • Evaluates the identified issues in terms of the potential extent and likelihood of impacts Additional information: This has been procured in line with the banks financial instruction

Timeline

  1. Completed: Award date14 February 2025
  2. Completed: Contract expiry date31 March 2025
  3. Completed: Award published1 April 2025
    Current notice

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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