Official UK procurement notice
Invitation to Tender for Fraud and Financial Crime Tooling
Authority: British Business Bank (Central government)
What is being bought4 lots · detail below
Published requirement descriptionBritish Business Bank plc (British Business Bank or BBB) is seeking to appoint a provider of Fraud & Financial Crime Technology solution as described in the specification.
- Recurrence: Will be re-procured near the end of contract term
CPV: Financial analysis software package · For computer software · Fraud audit services
Lots and requirements (4)Procurement structure
4 lots · no lot values published · win at most 4 of them · evaluation weights differ by lotApplies to lots 1, 2, 3, 4.
The full details for this Lot can be found within the tender documentation
Lot #1Onboarding and IDVRenewal
Lot #2Workflow and CRARenewal
Lot #3Lot - 3 DataRenewal
Lot #4ScreeningRenewal
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).
Lots publish different evaluation splits; there is no single procedure weighting.
| Lot | Quality | Price | Social value | Split |
|---|---|---|---|---|
| 1 · Onboarding and IDV | 60% | 30% | 10% | |
| 2 · Workflow and CRA | 60% | 30% | 10% | |
| 3 · Lot - 3 Data | 60% | 30% | 10% | |
| 4 · Screening | 60% | 30% | 10% |
- Suitability
Selection criteria as stated in the procurement documents
- Price carries 30 points on every lot: a 10% discount moves about 3 points.
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
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Closed
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Yes · Will be re-procured near the end of contract term
- First published
- 4 Dec 2024, 12:05 GMT
- Last source update
- 4 Dec 2024, 12:05 GMT
- Award evaluation window
- 8 Jan 2025 – …
- Authority reference
P-2775- FTS notice number
2024/S 000-039042- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04c21fFind a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Sheffield:-Fraud-audit-services./3454AH2X68 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/3454AH2X68 GO Reference: GO-2024124-PRO-28759825
How it was run
Official notice- Submission deadline
- 8 Jan 2025, 12:00 GMT
- Submission channel
- {"written"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 8 Jan 2025, 12:30 GMT
Timeline
4 Dec 2024 → 8 Jan 2025 · 3 dates- Notice published4 Dec 2024, 12:05 GMT
- Submission deadline8 Jan 2025, 12:00 GMT
- Bids opened8 Jan 2025, 12:30 GMT
Contracting authority & participating public bodies
Dispute resolution & review bodies
- British Business BankReview body
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria