Award

GB-Sheffield: Recalibration of the scorecard

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Award

03 Mar 2026 at 12:00

Summary of the contracting process

This procurement process, led by the British Business Bank, entails the recalibration of the scorecard for financial consultancy services. The contract was successfully awarded to 4most Europe Limited, a large-scale consultancy firm. Situated in Sheffield, the procurement targets performance alignment with recent data, enhancing downstream use of the application score. The procurement falls under the services category within the financial sector, engaging various locations including the United Kingdom, Channel Islands, Isle of Man, and other regions globally. The contract commenced on 12th December 2025 and is scheduled to conclude on 31st December 2026, with the award phase finalised as of 1st December 2025. The procurement was executed following the Banks Standing Financial Instructions (SFI's).

This procurement provides a lucrative opportunity for businesses specialising in financial consultancy services. Despite its completion, similar future tenders can enable consultancy firms to expand their client base and enhance their capabilities in performance measurement and data analysis. It appeals primarily to large-scale firms due to its complexity and the financial consultancy domain, though emerging firms aiming for growth in this sector could also seek involvement in similar upcoming opportunities with the British Business Bank. Engaging in such contracts fosters strategic advancements, sectoral credibility, and broadened geographic reach, thereby driving substantial business growth.

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Notice Title

GB-Sheffield: Recalibration of the scorecard

Notice Description

For the provision of Recalibration of the application score with recent data to align to current performance and ensure the model is performing in line with expectations, allowing downstream use of the score. Additional information: This was procured inline with the Banks Standing Financial Instructions (SFI's)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e17fb1c6-b759-40e9-a036-e5f1b8b485b2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2de4be27-ced4-4522-bc3f-726047f82cb4
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

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Mar 20261 months ago
Submission Deadline
1 Dec 2025Expired
Future Notice Date
Not specified
Award Date
1 Dec 20254 months ago
Contract Period
12 Dec 2025 - 31 Dec 2026 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

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
Not specified

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

4MOST EUROPE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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