Award

Support Contract for EFG Portal

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

01 Mar 2021 at 18:05

Summary of the contracting process

The British Business Bank Plc is seeking support for the EFG Portal through a recent tender titled "Support Contract for EFG Portal". This procurement falls under the information technology services category and is located in Yorkshire and the Humber, United Kingdom. The contract, valued at £960,000, will run from February 1, 2021, to January 31, 2023. The procurement process has reached the award stage, and the contract was awarded to Thoughtbot Ltd on January 31, 2021, with the award notice published on March 1, 2021.

This contract presents lucrative opportunities for technology firms, particularly those specialising in software development and support services. Businesses capable of providing resources for building and maintaining applications, especially those with experience in financial technologies and loan management systems, would be particularly well-suited to engage in similar tenders. The ongoing demand for effective IT solutions to manage government-backed loans can lead to sustained business growth for qualified suppliers within this sector.

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Notice Title

Support Contract for EFG Portal

Notice Description

Provision of the development resources to build and support Guarantees Portal software which is used to register loans that BBB have provided guarantees for including the Coronavirus Business Interruption Loans. The current scope for these requirements covers CBILS 2.0 and the Claims and Arrears process

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-248290e5-aece-4a7f-a7e9-781dedb18919
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/29d7009c-cfc0-4894-8bfe-73987376d38d
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
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72222300 - Information technology services

Notice Value(s)

Tender Value
£960,000 £500K-£1M
Lots Value
Not specified
Awards Value
£960,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
1 Mar 20214 years ago
Submission Deadline
31 Jan 2021Expired
Future Notice Date
Not specified
Award Date
31 Jan 20215 years ago
Contract Period
1 Feb 2021 - 31 Jan 2023 1-2 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
TLE Yorkshire and The Humber

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

THOUGHTBOT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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