Tender

GB-Sheffield: Audit and Monitoring Services

BRITISH BUSINESS BANK INVESTMENTS LIMITED

This public procurement record has 1 release in its history.

Tender

18 Nov 2016 at 20:17

Tender Notice
Summary of the contracting process

The procurement process involves the British Business Bank Investments Limited (BBBIL) seeking a supplier for Audit and Monitoring Services in a contract worth between £100,000 and £500,000. This tender is part of an open procurement process with a deadline for submissions on 11 November 2016. The contract is set to commence on 31 January 2017 and can extend for an additional year, making it a significant opportunity for service providers in the financial sector. The location of the contract is based in Sheffield, UK, and it primarily falls under the financial services industry category.

This tender represents an opportunity for small and medium enterprises (SMEs) and financial consultancy service providers looking to expand their business through public sector contracts. Companies offering auditing, financial market operational services, or investment banking services would find this procurement particularly relevant. Since the selection will focus on the criteria set for the procurement, businesses that can demonstrate their expertise and value in these areas are well-placed to compete for this contract.

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Notice Information

Notice Title

GB-Sheffield: Audit and Monitoring Services

Notice Description

British Business Bank Investments Limited ("BBBIL") wishes to select a supplier to provide Audit and Monitoring Services for a period of 12 months with the option to extend for a further 12 month period. Further details are available via the Delta Portal. BBBIL is the commercial subsidiary of British Business Bank plc, and has a separate board of directors to its parent. Since it is funded and invests on a commercial basis, its remit allows it to invest flexibly both alongside private investors and as a sole investor, to increase the volume and diversity of finance available for smaller businesses. 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-b5fd17-5a983916-adca-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1b11a6b6-5427-463a-8ef2-e5d31c65d596
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66100000 - Banking and investment services

66120000 - Investment banking services and related services

66150000 - Financial markets administration services

66151000 - Financial market operational services

66170000 - Financial consultancy, financial transaction processing and clearing-house services

79212000 - Auditing services

79212100 - Financial auditing services

Notice Value(s)

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

Notice Dates

Publication Date
18 Nov 20169 years ago
Submission Deadline
11 Nov 2016Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Jan 2017 - 30 Jan 2019 1-2 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 INVESTMENTS LIMITED
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
S3 8NH
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

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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