Award

GB-Sheffield: Compliance Consultancy Services

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

23 Dec 2020 at 09:35

Summary of the contracting process

The procurement process titled "GB-Sheffield: Compliance Consultancy Services" was initiated by the British Business Bank plc to obtain compliance consultancy support for its Risk and Compliance Team in the Yorkshire and the Humber region of the UK. The contract, valued at £118,750, was awarded on 30 November 2020, with the contract period running from 1 December 2020 to 31 May 2021. This tender was classified under financial consultancy services and is now complete, serving the needs associated with financial crime resources related to Covid-19 funding schemes.

This tender presents an opportunity for businesses specialising in compliance consultancy and financial services to expand their portfolios. Firms that offer expertise in financial crime mitigation and have experience working with government funding schemes will be particularly well-suited to compete for similar contracts. Additionally, businesses aiming to strengthen their capabilities in the public sector may find this procurement noteworthy, as it reflects the ongoing demand for consultancy services in the wake of evolving governmental financial practices.

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Notice Title

GB-Sheffield: Compliance Consultancy Services

Notice Description

Compliance consultancy services for the Risk and Compliance Team. The bank requires financial crime resources to support its delivery of the Covid-19 funding schemes on behalf of HMG.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e52d91fd-d9b2-40ae-8c55-69fb3f29473f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b170359e-e323-401c-9659-fd434f6e6556
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£118,750 £100K-£500K
Lots Value
Not specified
Awards Value
£118,750 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Dec 20205 years ago
Submission Deadline
30 Nov 2020Expired
Future Notice Date
Not specified
Award Date
30 Nov 20205 years ago
Contract Period
1 Dec 2020 - 31 May 2021 6-12 months
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 PLC
Contact Name
Procurement
Contact Email
procurement@british-business-bank.co.uk
Contact Phone
01142062131

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
TLE Yorkshire and The Humber

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

FSCOM

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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