Award

GB-Sheffield: EFG Portal Support

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

20 Jan 2022 at 12:05

Award Notice
Summary of the contracting process

The procurement process for the "EFG Portal Support" tender, initiated by the British Business Bank Plc, has reached the award stage. This project falls under the category of custom software development services and has a total value of £750,000. The contract period commenced on 20th January 2022 and extends until 31st January 2023. The procurement process featured a tender phase which officially concluded on 19th January 2022, with the award being announced on the same date. The work is relevant across various locations, including the UK and the British Overseas Territories.

This tender presents a significant opportunity for software development firms looking to expand their portfolio in the finance sector. Companies that specialise in custom software solutions, particularly those with experience in transaction processing systems, would be well-positioned to compete for similar contracts in the future. The successful supplier, Thoughtbot Limited, underscores the potential for substantial contracts available through robust competition in the industry. Businesses aiming for growth should focus on developing capabilities that align with the evolving needs of public sector organisations.

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Notice Information

Notice Title

GB-Sheffield: EFG Portal Support

Notice Description

ITSolDel - P-1091 EFG Portal Support

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8c4d4a3e-6dd0-4228-beab-03dd648ae4fa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dcb40f6b-e5a8-4d2e-990c-cbc309021aa4
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
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72230000 - Custom software development services

72232000 - Development of transaction processing and custom software

Notice Value(s)

Tender Value
£750,000 £500K-£1M
Lots Value
Not specified
Awards Value
£750,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jan 20224 years ago
Submission Deadline
19 Jan 2022Expired
Future Notice Date
Not specified
Award Date
19 Jan 20224 years ago
Contract Period
20 Jan 2022 - 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

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

Supplier Information

Number of Suppliers
1
Supplier Name

THOUGHTBOT

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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