Tender

GB-Sheffield: VC Financial Returns Data Provider

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Tender

11 May 2018 at 10:36

Tender Notice
Summary of the contracting process

The British Business Bank, located in Sheffield, has initiated a tender for the position of VC Financial Returns Data Provider, with an industry focus on corporate finance and venture capital services. This open procurement process is currently active and will close on 25th May 2018. The contract period is set to commence on 11th June 2018 and will last until 11th June 2021, with a contract value estimated between £10,000 and £25,000.

This tender presents an excellent opportunity for small and medium enterprises (SMEs) specialising in financial data analytics and corporate finance services. Businesses that can provide detailed insights into the performance of UK and European Venture Capital funds, including performance benchmarking and trend analysis, would be well-positioned to bid. Companies adept in delivering robust financial data and analytics could find a competitive advantage in this procurement.

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Notice Information

Notice Title

GB-Sheffield: VC Financial Returns Data Provider

Notice Description

Requires a data provider to supply comprehensive and robust information on the financial returns performance of UK and European Venture Capital (VC) funds. The Bank requires this information: *To be able to publicly discuss the performance of the UK VC asset class compared to other assets publicly to stakeholder organisations and the wider finance industry. *To be able to benchmark the performance of the VC funds the bank has invested in to the wider VC market. *To be able to provide insight into performance of a VC fund over its life time (for instance, assessing typical J-curves and drawdown profiles). *To provide insights into factors associated with higher fund financial returns. 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-b5fd17-8ac8b575-e5cb-4f3c-aa46-c81687ef57cf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2ac063f1-c5b6-4aea-bb90-67536c56d84d
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
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66122000 - Corporate finance and venture capital services

Notice Value(s)

Tender Value
£25,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 May 20187 years ago
Submission Deadline
25 May 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
10 Jun 2018 - 11 Jun 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
Contact Name
amie knight
Contact Email
amie.knight@british-business-bank.co.uk
Contact Phone
02039051462

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

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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