Published date: 20 September 2019

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 4 October 2019

Contract summary

Industry

  • Business organisation services - 79996000

Location of contract

London

Value of contract

£50,000 to £100,000

Procurement reference

BIP431697185

Published date

20 September 2019

Closing date

4 October 2019

Contract start date

1 November 2019

Contract end date

31 October 2022

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The British Business Bank is seeking a service provider to perform operational reviews (the "Operational Review Service Provider") of prospective delivery partners under the ENABLE Guarantee programme, the ENABLE Build and the ENABLE Funding programme. The review should ideally be in line with standard rating agency practices forming part of a rating process, and should cover at least the following:
•business organisation;
•SME origination and underwriting processes;
•internal rating systems and measurement of defaults and recoveries;
•portfolio management and servicing;
•work-out processes;
•governance and internal controls.

Following each review the Operational Review Service Provider will produce an operational review report summarising its findings.

More information

Links

Additional text

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.

About the buyer

Contact name

Jason Swann

Address

Steel City House
West Street
Sheffield
S1 2GQ
UK

Telephone

01142127944

Email

jason.swann@british-business-bank.co.uk