Banking and Custodian Services
The procurement contact named on the official notice.
The submission route named on the official notice.
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.
British Business Bank Plc publishes Financial & Insurance Services work continuously — 13 notices, roughly one every 15 days. This is a stream to watch, not a cycle to wait for.
36% of British Business Bank Plc’s awards go to a supplier it has used before.
Which is the argument for getting on the list rather than winning this one. The incumbent is rarely the last winner — it is the roster. See the retention odds by category →
The British Business Bank (The Bank) is seeking a single supplier for the implementation and ongoing delivery of banking and custody services.
The services will support the safekeeping, settlement, asset servicing, reporting, valuation and, where required, securities financing of Asset Backed Securities (ABS), Tier 2 securities and other listed debt instruments required by the Bank’s evolving programme suite.
The objectives are to protect the Bank’s assets, maintain effective operational control, enable timely and accurate settlement and asset servicing, support relevant primary-market and securities-financing activity (if required), and ensure compliance with applicable legal, regulatory and institutional custody standards.
The Bank’s investment and programme requirements may evolve during the Contract Term.
The Supplier shall be capable of supporting additional listed debt instruments and related custody services where agreed.
The pricing schedule submitted as part of this tender is based on the Bank's current portfolio position (asset, volumes and transaction levels) as at the date of this notice.
Tenderers should note that the underlying asset portfolio and associated service volumes/transactions are anticipated to increase over the term of the contract as the Bank's programme suite evolves.
Accordingly, the Bank reserves the right to vary the contract, including the pricing schedule, during its term to reflect growth in the portfolio and transaction volumes.
Any such variation will be conducted in accordance with the Procurement Act 2023.
To access the tender documentation: https://www.delta-esourcing.com/respond/N85YVX62JX For more information about this opportunity, please visit the eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Sheffield%2C:-Custody-services./N85YVX62JX To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/N85YVX62JX
What the notice asks for
The services will support the safekeeping, settlement
The services will support the safekeeping, settlement, asset servicing, reporting, valuation and, where required, securities financing of Asset Backed Securities (ABS), Tier 2 securities and other listed debt instruments required by the Bank’s evolving programme suite.
The Supplier shall be capable of supporting
The Supplier shall be capable of supporting additional listed debt instruments and related custody services where agreed.
Tenderers should note that the underlying asset
Tenderers should note that the underlying asset portfolio and associated service volumes/transactions are anticipated to increase over the term of the contract as the Bank's programme suite evolves.
Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.
What it takes to bid this
Typical UK bid effort for the £1m–£10m band — an estimate, not a quote.
Qualify & bid/no-bid ~10% · SQ / PQQ ~20% · Written response ~55% · Review & presentation ~15%
Typical for this category — confirm against the ITT pack
- Show at bidComparable references / case studies
- Hold at bidFinancial standing (accounts, often ~2× contract value turnover)
- Hold at bidInsurance cover (PL / EL, often PI)
- Show at bidSocial value commitments
Hold at bid = pass/fail conditions of participation. Show at bid = scored in the quality response. Plan for delivery = contract obligations from day one.
Make the case to bid
Reveal who to approach at British Business Bank Plc, and generate a go-to-market strategy from their news, accounts and people.
Free to start. Named contacts come from published notices; the strategy is generated from the buyer’s news, accounts and people.
The full intelligence dossier
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- OCID
- ocds-h6vhtk-06f51a
- Stage
- tender · Open
- Source
- Find a Tender
- Buyer ref
- 085141-2026
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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