Award

GB-Sheffield: Remuneration Committee Advisors Tender

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

18 May 2021 at 13:10

Summary of the contracting process

The British Business Bank plc has completed the procurement process for the "Remuneration Committee Advisors Tender," aimed at securing independent financial consultancy services. This open tender was initialized to select a supplier who can provide expert guidance to the Remuneration Committee. The contract, valued at £126,000, officially commenced on 1st April 2021 and will conclude on 31st March 2024. The procurement process followed an open procedure, with the tender period ending on 18th February 2021, and is classified under the CPV code for financial consultancy services.

This tender presents significant opportunities for firms specialising in financial and management consultancy. Companies experienced in providing independent advisory services for remuneration and management may find this contract particularly relevant. As this engagement allows for continued collaboration with the British Business Bank, businesses aiming to expand their public sector involvement should consider competing for this type of contract to enhance their market presence and capabilities.

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Notice Title

GB-Sheffield: Remuneration Committee Advisors Tender

Notice Description

HR - C1309 This tender was to select a supplier for the provision of independent advice on remuneration to the Remuneration Committee and management

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0b11b00e-8b86-4a68-ab4f-2761f9b226dc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/989aefc9-c8a3-4c88-8b44-c950f2571ef3
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66171000 - Financial consultancy services

79410000 - Business and management consultancy services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£126,000 £100K-£500K
Lots Value
Not specified
Awards Value
£126,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
18 May 20214 years ago
Submission Deadline
18 Feb 2021Expired
Future Notice Date
Not specified
Award Date
18 Feb 20215 years ago
Contract Period
31 Mar 2021 - 31 Mar 2024 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BRITISH BUSINESS BANK PLC
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2GQ
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLI London

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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