Tender

GB-Sheffield: Guarantee fee collection

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Tender

18 Jun 2018 at 15:15

Tender Notice
Summary of the contracting process

The British Business Bank Plc is currently seeking a partner for their project titled "Guarantee fee collection," aimed at enhancing small and medium-sized enterprises' (SMEs) access to debt finance. This procurement falls under the services industry, specifically classified as "Collection agency services" (CPV code: 79940000). The tender process is currently active and will close on 9th July 2018 at 23:59 BST. The contract will commence on 1st October 2018 and is set to last until 30th September 2021, with an option for a 12-month extension. The estimated contract value is between £50,000 and £100,000. The services will be required for delivery across the United Kingdom and other applicable territories.

This tender presents significant opportunities for SMEs with expertise in collection agency services. Businesses that can demonstrate a reliable and secure provision of fee collection services will be particularly well-suited to compete for this contract. Given the emphasis on collaboration with SMEs, this tender not only opens doors for more enterprises to engage with public sector contracts but also encourages support for smaller operators capable of meeting the specific requirements set forth by the British Business Bank Plc.

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Notice Information

Notice Title

GB-Sheffield: Guarantee fee collection

Notice Description

BBB currently manages two facility guarantee programmes ('FGP') intended to improve the ability of small and medium-sized enterprises to access debt finance. BBB requires a business partner (the 'Guarantee Fee Collection Agent' (GFCA)), to provide a consistent, secure and reliable Guarantee Fee Collection Service from 1 October 2018 for a period of three years, until 30 September 2021, with an option to extend for another 12 months. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5479c0fa-9644-4f15-a601-32635405d4a9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2a0fefb1-0dcb-4a18-bd67-9ded55152315
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79900000 - Miscellaneous business and business-related services

79940000 - Collection agency services

Notice Value(s)

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

Notice Dates

Publication Date
18 Jun 20187 years ago
Submission Deadline
9 Jul 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Sep 2018 - 30 Sep 2021 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
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

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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