Published date: 24 July 2017

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: 7 August 2017

Contract summary

Industry

  • Financial consultancy services - 66171000

  • Pension fund consultancy services - 66523000

  • Business analysis consultancy services - 72221000

    • Economic research services - 79311400

    • Financial management consultancy services - 79412000

    • Human resources management consultancy services - 79414000

Location of contract

Any region

Value of contract

£25,000 to £50,000

Procurement reference

BIP269484479

Published date

24 July 2017

Closing date

7 August 2017

Contract start date

1 September 2017

Contract end date

30 November 2017

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

BBB requires a business partner to provide remuneration advice, options, recommendations and share external insights to review the BBB incentive scheme. This scheme is referred to as an LTIP although as BBB's shareholder is the Government there are no shares attached to the scheme and therefore the scheme is more of a deferred, longer term bonus scheme aligned to the 3-year business plan rather than a typical LTIP.

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

amie knight

Address

Foundry House
3 Millsands
Sheffield
S3 8NH
UK

Telephone

02039051462

Email

amie.knight@british-business-bank.co.uk