---
title: "Impact Model Review"
ocid: "ocds-b5fd17-8625d57d-e768-4d55-bf51-4ee4dd5a5216"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-8625d57d-e768-4d55-bf51-4ee4dd5a5216"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-8625d57d-e768-4d55-bf51-4ee4dd5a5216.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-8625d57d-e768-4d55-bf51-4ee4dd5a5216.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "British Business Bank"
published: "2026-10-19"
---

# Impact Model Review

Buyer: British Business Bank  
Current stage: Award  
OCID: ocds-b5fd17-8625d57d-e768-4d55-bf51-4ee4dd5a5216

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-8625d57d-e768-4d55-bf51-4ee4dd5a5216)  
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## Summary

British Business Bank PLC commissioned an impact model review, a financial consultancy service. The work concerns reviewing an impact model; no further scope or purpose is described. The buyer is based in Sheffield, and the service is recorded for delivery in the United Kingdom. The selected supplier was the Government Actuary’s Department. The requirement is therefore most relevant to consultancies and public-sector analytical teams with experience reviewing financial or economic impact models, rather than suppliers of general business support or unrelated financial services.

The procurement is complete and the contract was awarded to the Government Actuary’s Department on 19 April 2026. The award value is £60,000. The contract period runs from 20 April to 1 June 2026. The buyer used a direct single-tender procedure below the procurement threshold; this was not a multi-lot competition. The original estimated procurement value was also £60,000. The process records the service as suitable for small and medium-sized enterprises. No award-scoring criteria or detailed selection requirements are stated in the available process information.

This award demonstrates demand from British Business Bank for specialist scrutiny of an impact model, at a modest consultancy scale. The successful supplier was the Government Actuary’s Department, indicating that the buyer selected a public-sector actuarial body for this review. A competing firm seeking comparable work from this buyer would need credible capability in assessing impact models and financial or economic analysis, with the expertise to provide an independent, defensible review. The procurement was handled as a single-tender action below threshold, so suppliers should understand that this route can be used for a narrowly scoped requirement rather than assuming a broad open competition. The service was marked suitable for SMEs, suggesting smaller specialist consultancies can be relevant where they can demonstrate the necessary analytical depth.

## Notice

Impact Model Review

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1109d708-eab7-4749-a7dd-cb8eab00ed29 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Oct 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 19 Apr 2026 |
| Contract period | 20 Apr 2026 - 1 Jun 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £60,000 |
| Lots value | Not specified |
| Awards value | £60,000 |
| 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 | British Business Bank |
| Locality | SHEFFIELD |
| Postcode area | Sheffield |
| Postcode | S1 2GQ |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE3 South Yorkshire |
| ITL 3 | TLE32 Sheffield |
| Local authority | Sheffield |
| Electoral ward | City |
| Westminster constituency | Sheffield Central |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | Government Actuary's Dept |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 19 Oct 2026 at 08:12 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1109d708-eab7-4749-a7dd-cb8eab00ed29

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1109d708-eab7-4749-a7dd-cb8eab00ed29
  19th October 2026 - Awarded contract notice on Contracts Finder

## 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-b5fd17-8625d57d-e768-4d55-bf51-4ee4dd5a5216. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-8625d57d-e768-4d55-bf51-4ee4dd5a5216.json.