RFP QuestBeta
Awarded · ResultStage · contract

Places for People Group Ltd

British Business Bank - Consultant for Expected Credit Loss & Claims Modelling 0003565

Financial ServicesCPV 66171000
Value£6.0m
Awarded22 Mar 2024
Published8 Apr 2024
RegionUK-wide
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£6.0mtotal contract value
median £150k
this tender£0£6.5m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

Text to be corrected in the original notice: Place of text to be modified: Total value of the procurement Instead of: 6,000,000 Read: II.1.7) Total value of the procurement (excluding VAT) Value: 6,800,00 All 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.

The gates

What this notice demands of you

1 named, none in explicit obligation language. Each one is quoted from the notice.

Dynamic Purchasing System (DPS)Frameworks & routes to market
All 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.

Matched against the notice text, so this is a floor — the tender pack will demand things the notice never mentions. “Says must” means the quoted sentence itself used obligation language; anything ambiguous is left as a mention.

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Source & provenance
OCID
9d18dec5-5344-4804-8a58-51809a618e04
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
BIP850212955
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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