Award

Finance Guarantee Portal, Development Implementation and Support

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Award

01 Apr 2019 at 06:12

Award Notice
Summary of the contracting process

The British Business Bank has successfully completed a tender process for the development and implementation of a Finance Guarantee Portal, valued at £1.4 million. This initiative, classified under IT services (CPV code: 72000000), aims to enhance the web portal used for administering the Enterprise Finance Guarantee (EFG) product. The procurement method followed was an open procedure, with the tender period concluding on 13 February 2019. The contract for the successful supplier, Corporate Document Services Limited, is set to run from 8 April 2019 until 31 March 2022, based in London, United Kingdom.

This tender presents an excellent opportunity for businesses engaged in IT services, particularly those providing software development and support. Small and medium-sized enterprises (SMEs) are encouraged to explore similar tenders, as the British Business Bank is seeking innovative solutions that offer flexibility for future development and growth. With the focus on delivering a robust digital platform for financial products, businesses with expertise in web development and user-centric design would be particularly well-suited to compete for such contracts in the future.

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Notice Information

Notice Title

Finance Guarantee Portal, Development Implementation and Support

Notice Description

The British Business Bank delivers a product to the financial markets known as the Enterprise Finance Guarantee (EFG). This product is administered via a web portal which is currently built on code which is expensive to maintain and lacks flexibility for future development and growth. We are therefore seeking an experienced developer to initially build a new web portal with sufficient capacity and flexibility to support the planned EFG growth and allow the Bank to develop further guarantee products.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-25079b83-3c24-466f-a2f0-f45df27f617e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0eba7b29-b1e4-492b-ae2e-e82f458071e1
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
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

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

Notice Dates

Publication Date
1 Apr 20196 years ago
Submission Deadline
13 Feb 2019Expired
Future Notice Date
Not specified
Award Date
13 Feb 20197 years ago
Contract Period
7 Apr 2019 - 31 Mar 2022 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
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

CORPORATE DOCUMENT SERVICES

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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