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GB-Sheffield: CBILS Operational Audits (Contract 2)

British Business Bank

This public procurement record has 2 releases in its history.

AwardUpdate

20 Jan 2022 at 12:05

Award Notice
Award

01 Feb 2021 at 10:20

Award Notice
Summary of the contracting process

The British Business Bank, located in Sheffield, is conducting procurement for the "GB-Sheffield: CBILS Operational Audits (Contract 2)" in the financial consultancy services category. The procurement process, which is currently in the award stage, is complete with a total contract value of £6,482,000. The contract commenced on 1st September 2020 and will continue until 31st August 2023. The initial tender period ended on 12th June 2020. This opportunity was part of a call-off contract from the CCS Management Consultancy Services Framework.

This contract presents significant opportunities for firms specialised in financial consultancy and auditing services. Businesses that thrive on providing consistent, confidential, and reliable oversight of lending schemes would be particularly well-suited to compete in such tenders. Companies with experience in supporting similar initiatives, particularly those able to engage with public sector clients and navigate financial regulations, can leverage this opportunity to expand their market reach and enhance their service offerings.

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Notice Information

Notice Title

GB-Sheffield: CBILS Operational Audits (Contract 2)

Notice Description

NOTE: This notice was updated on 20 January 2022 for the following reason: In December 2021, the contract was varied to include the Recovery Loan Scheme within the scope in addition to the Coronavirus Business Interruption Schemes. Contract value updated to PS6,482,000.00(BBB Customer requires a partner to provide consistent, confidential, reliable and independent oversight of the lenders participating in the BBL's, CBIL's and CLBIL's (Loans) Schemes) Additional information: Call-off contract from CCS Management Consultancy Services (Ref: RM3745) Framework

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-21b13e8c-3c9b-4d3b-a4fd-da4c71924890
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e7840438-047f-4ce7-9fb1-21de11f296f7
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£6,400,000 £1M-£10M
Lots Value
Not specified
Awards Value
£6,400,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jan 20224 years ago
Submission Deadline
12 Jun 2020Expired
Future Notice Date
Not specified
Award Date
12 Jun 20206 years ago
Contract Period
1 Sep 2020 - 31 Aug 2023 2-3 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
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
Postcode Area
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
TLE Yorkshire and The Humber
Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

RSM UK Risk Assurance Services LLP

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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