Awarded contract

GB-Sheffield: Recalibration of the scorecard

Details

Value
£50,000
Duration
1 year
Topic
Financial consultancy services
Published
3 March 2026

Tender description

For the provision of Recalibration of the application score with recent data to align to current performance and ensure the model is performing in line with expectations, allowing downstream use of the score. Additional information: This was procured inline with the Banks Standing Financial Instructions (SFI's)

Timeline

  1. Completed: Award date12 December 2025
  2. Completed: Award published3 March 2026
    Current notice
  3. Next: Contract expiry date31 December 2026in 3 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

  • 66171000 · Financial consultancy services

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Decision makers

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