Award

Agreement for the Start-Up Loans Company's Post Loan Support Partner services

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

30 May 2023 at 09:50

Award Notice
Summary of the contracting process

The British Business Bank Plc has awarded a contract for the provision of Post Loan Support Partner services as part of the Start Up Loans scheme. The contract, valued at £5,300,000 GBP, was awarded to Newable Trade (London) Ltd. The procurement method used was an open procedure, and the contract period is set to run from 1st May 2023 to 31st March 2028. The location for service delivery covers various regions including the United Kingdom and other territories.

This tender presents an opportunity for businesses specializing in education and training services looking to provide mentoring and related support to Borrowers under the Start Up Loans scheme. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise organisations (VCSEs) are particularly encouraged to participate in this procurement process due to the nature of the services required. Interested parties should take note of the tender deadline, which was on 25th April 2023.

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Notice Information

Notice Title

Agreement for the Start-Up Loans Company's Post Loan Support Partner services

Notice Description

The Start-Up Loans Company has conducted a procurement to establish an agreement for a Post Loan Support Partner for the Start Up Loans scheme. The Post Loan Support Partner will be responsible for providing mentoring and related services to Borrowers of personal loans, issued under the Scheme, who are preparing to start-up or are an early-stage business. The Post Loan Support Partner will offer the services to all Borrowers across the whole of the UK.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1e189b87-5585-4226-baba-7bf4ff9654c9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f1202b2d-a9d5-4282-9cea-d1239be62001
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
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services

CPV Codes

80000000 - Education and training services

Notice Value(s)

Tender Value
£5,300,000 £1M-£10M
Lots Value
Not specified
Awards Value
£5,300,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
30 May 20232 years ago
Submission Deadline
24 Apr 2023Expired
Future Notice Date
Not specified
Award Date
24 Apr 20232 years ago
Contract Period
30 Apr 2023 - 31 Mar 2028 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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
Not specified
Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

NEWABLE TRADE (LONDON

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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