Published date: 13 June 2016

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: 24 June 2016

Contract summary

Industry

  • Financial information systems - 48812000

  • Financial and insurance services - 66000000

  • Financial markets administration services - 66150000

    • Financial market operational services - 66151000

    • Financial market regulatory services - 66152000

    • Financial consultancy, financial transaction processing and clearing-house services - 66170000

    • Accounting review services - 79212500

    • Performance review services - 79313000

Location of contract

Any region

Value of contract

£50,000 to £100,000

Procurement reference

BIP206267906

Published date

13 June 2016

Closing date

24 June 2016

Contract start date

11 July 2016

Contract end date

10 July 2019

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?

Yes

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 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.

This is a 3 year contract opportunity and will commence at a mutually agreeable date in July 2016.

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

Debbie Beeley

Address

Foundry House
3 Millsands
Sheffield
S3 8NH
UK

Telephone

01142502893

Email

Debbie.beeley@British-Business-Bank.co.uk