---
title: "British Business Bank - Consultant for Expected Credit Loss & Claims Modelling 0003565"
ocid: "ocds-b5fd17-2008ef61-185e-43c5-a0e8-2d1ffb4d45a5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2008ef61-185e-43c5-a0e8-2d1ffb4d45a5"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2008ef61-185e-43c5-a0e8-2d1ffb4d45a5.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2008ef61-185e-43c5-a0e8-2d1ffb4d45a5.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "PLACES FOR PEOPLE GROUP LTD"
published: "2025-03-17"
---

# British Business Bank - Consultant for Expected Credit Loss & Claims Modelling 0003565

Buyer: PLACES FOR PEOPLE GROUP LTD  
Current stage: Award  
OCID: ocds-b5fd17-2008ef61-185e-43c5-a0e8-2d1ffb4d45a5

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## Summary

The British Business Bank initiated a tender process seeking a consultant for Expected Credit Loss & Claims Modelling, under the title "British Business Bank - Consultant for Expected Credit Loss & Claims Modelling 0003565". This procurement falls within the financial consultancy services category and covers various regions including the British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and United Kingdom. Places for People Group Ltd is the buying organisation, located in Preston, UK. The procurement method is a restricted procedure, and the tender period ended on 22 March 2024. The contract, worth £6,000,000, runs from 1 April 2024 to 31 March 2028.

This tender presents substantial opportunities for consulting firms specialising in financial services to support business growth by providing modelling and reporting services for government-backed guarantee schemes. Although the procurement is not specifically suitable for SMEs, it is inclusive of VCSEs. Large-scale financial consultancy firms, especially those with experience in dealing with dynamic purchasing systems and government schemes, such as 4most Europe Ltd, which has been awarded the contract, would find this opportunity particularly beneficial in expanding their service portfolio and reinforcing their expertise in consultancy for expected credit losses and claims modelling.

## Notice

Text to be corrected in the original notice: Place of text to be modified: Total value of the procurement Instead of: 6,000,000 Read: II.1.7) Total value of the procurement (excluding VAT) Value: 6,800,00 All Suppliers invited to this opportunity have passed the minimum requirements of the Procurement hub's Consultants Dynamic Purchasing System (DPS) OJEU Reference Number 2019/S 130-319565. British Business Bank sought Consultants to provide services on on maintaining and operating a bespoke model solution to enable BBFSL to model and report expected losses and claims across the existing Covid response schemes (BBLS, CBILS, CLBILS), the RLS schemes, and to enable modelling and reporting of future DBT guarantee schemes.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9d18dec5-5344-4804-8a58-51809a618e04 |
| Notice type | Award Notice |
| Procurement type | Dynamic |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Mar 2025 |
| Submission deadline | 22 Mar 2024 |
| Future notice date | Not specified |
| Award date | 22 Mar 2024 |
| Contract period | 31 Mar 2024 - 31 Mar 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £6,000,000 |
| Lots value | Not specified |
| Awards value | £6,000,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | PLACES FOR PEOPLE GROUP LTD |
| Locality | PRESTON |
| Post town | Preston |
| Postcode | PR2 2YB |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD4 Lancashire |
| ITL 3 | TLD45 Mid Lancashire |
| Local authority | Preston |
| Electoral ward | Ashton |
| Westminster constituency | Preston |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | 4MOST EUROPE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 17 Mar 2025 at 14:50 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/9d18dec5-5344-4804-8a58-51809a618e04
- 8 Apr 2024 at 12:40 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/9d18dec5-5344-4804-8a58-51809a618e04

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/9d18dec5-5344-4804-8a58-51809a618e04
  17th March 2025 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=850212955
  Please follow this link to view the notice.

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-2008ef61-185e-43c5-a0e8-2d1ffb4d45a5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2008ef61-185e-43c5-a0e8-2d1ffb4d45a5.json.