Award

Transformational Support Services

BRITISH BUSINESS BANK

This public procurement record has 2 releases in its history.

AwardUpdate

07 Nov 2023 at 16:05

Award

06 Sep 2023 at 18:06

Summary of the contracting process

The British Business Bank has awarded a contract for Transformational Support Services to Oliver Wyman Ltd. The procurement process involved defining strategy, market assessment, and project management support. The contract duration is 3 months, with a value of £865,600. The award was made following an award procedure without prior publication, due to extreme urgency brought about by unforeseeable events and in connection with a confidential HM Government mandate.

This tender presents opportunities for businesses in the business and management consultancy sector, particularly those experienced in strategy definition and project management support. Suppliers looking to engage with the British Business Bank for future projects should consider the bank's focus on economic affairs and its need for agile, responsive service providers due to the fast-paced nature of their procurement processes.

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Notice Title

Transformational Support Services

Notice Description

British Business Bank (BBB) have awarded a Contract to Oliver Wyman Ltd for the provision of Transformational Support Services across a term of 3 months. This will incorporate areas such as: *Defining the strategy and assessing/testing the market *Defining the required changes and assessing the various options available *Providing project management support throughout any transformation period

Lot Information

Lot 1

British Business Bank (BBB) have awarded a Contract to Oliver Wyman Ltd for the provision of Transformational Support Services across a term of 3 months. This will incorporate areas such as: *Defining the strategy and assessing/testing the market *Defining the required changes and assessing the various options available *Providing project management support throughout any transformation period

Procurement Information

This award was made without prior publication, due to the need to engage a supplier and to deliver the services at pace in connection with a confidential HM Government mandate and associated timescales. Thus, the British Business Bank did not have sufficient time to comply with the standard open procedure timescales for this procurement.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03fa9b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/032957-2023
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,431,600 £1M-£10M

Notice Dates

Publication Date
7 Nov 20232 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
2 Aug 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
BRITISH BUSINESS BANK
Contact Name
Leila Hodson
Contact Email
procurement@british-business-bank.co.uk
Contact Phone
+44 1142062131

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

OLIVER WYMAN

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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