Official UK procurement notice
British Business Bank - Consultant for Expected Credit Loss & Claims Modelling 0003565
Authority: Places for People Group Limited (Public body)·Consortium: 2 public authorities
What is being bought
Published requirement descriptionAll 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.
CPV: Financial consultancy services
How this dynamic market works
From the published notice- Type
- Dynamic market
- Bids received
- 1 bids received · 1 suppliers appointed
The lotProcurement structure
single lot · no lot value publishedLot #1Awarded
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (2)
- Quality & Technical Merit Questions: 60%
- price: 40%
Published award criteria (2)
- Quality & Technical Merit Questions: 60
- Price: 40
- Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.
- “British Business Bank - Consultant for Expected Credit Loss & Claims…” is a dynamic market: the contest is a place on its panel, not a single contract.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Restricted procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Dynamic market
- Who may use this agreement
- Any qualifying supplier may apply while the market is open
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 8 Apr 2024, 14:05 BST
- Last source update
- 8 Apr 2024, 14:05 BST
- FTS notice number
2024/S 000-011270- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-045057Find a Tender
Publisher note: To view this notice, please click here: https://procurementhub.delta-esourcing.com/delta/viewNotice.html?noticeId=850212955 GO Reference: GO-202448-PRO-25710129
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast1 suppliers are admitted to this dynamic market without individual award values or dates, see the supplier list below.
Contracts
Contract 011270-2024-1
- Signed
- 22 Mar 2024
- Value
- £6,000,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 1bids · 1 electronic | — | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeConsortium members and other public bodies
- British Business BankContracting authority
Dispute resolution & review bodies
- Crown Commercial ServicesReview contact point
- High Court of England and WalesMediation bodyReview body
Suppliers admitted to the dynamic market
1 commercial party on the notice- 4most Europe LtdAdmitted to the market
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.