---
title: "GB-sheffield: Bank Accounts for Investment Funds"
ocid: "ocds-b5fd17-a53cf9ac-0dfa-47f7-ad9e-c895a2f3da59"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a53cf9ac-0dfa-47f7-ad9e-c895a2f3da59"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a53cf9ac-0dfa-47f7-ad9e-c895a2f3da59.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-a53cf9ac-0dfa-47f7-ad9e-c895a2f3da59.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "BRITISH BUSINESS BANK"
published: "2017-10-04"
---

# GB-sheffield: Bank Accounts for Investment Funds

Buyer: BRITISH BUSINESS BANK  
Current stage: Tender  
OCID: ocds-b5fd17-a53cf9ac-0dfa-47f7-ad9e-c895a2f3da59

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-a53cf9ac-0dfa-47f7-ad9e-c895a2f3da59)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-a53cf9ac-0dfa-47f7-ad9e-c895a2f3da59.json)

## Summary

The British Business Bank is seeking a service provider for "Bank Accounts for Investment Funds," aimed at managing investment funds for the Cornwall and Isles of Scilly Investment Fund initiative. This open procurement process is currently at the tender stage, with submissions due by 25 October 2017. The contract is expected to start on 1 December 2017 and will last until 30 November 2027. The project falls within the banking and investment services industry, with a contract value ranging between £50,000 and £100,000, and various delivery addresses across the UK and additional territories.

This tender presents significant growth opportunities for small and medium enterprises (SMEs) with expertise in banking services. Providers with a solid track record in managing commercial bank accounts and investment services could leverage their capabilities to meet the requirements set by the British Business Bank. The structured procurement approach allows SMEs to engage competitively, benefiting from government contracts that can help enhance their market presence and operational capacity.

## Notice

BBB is looking for a provider who can provide a number of Commercial Bank Accounts to manage investment funds for the Cornwall and Isles of Scilly Investment Fund initiative. BBB will manage the fund on behalf of the Department for Business Energy and Industrial Strategy. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/133081c2-04c1-4690-b0aa-7554c47edcaa |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Oct 2017 |
| Submission deadline | 25 Oct 2017 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 1 Dec 2017 - 30 Nov 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £100,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BRITISH BUSINESS BANK |
| Locality | SHEFFIELD |
| Post town | Sheffield |
| Postcode | S3 8NH |
| 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 |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services
- 66110000 - Banking services

## Release History

- 4 Oct 2017 at 13:00 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/133081c2-04c1-4690-b0aa-7554c47edcaa

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/133081c2-04c1-4690-b0aa-7554c47edcaa
  4th October 2017 - Opportunity notice on Contracts Finder
- https://www.delta-esourcing.com/tenders/UK-GB-sheffield:-Bank-Accounts-for-Investment-Funds/R5V4PJPX2R
  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-a53cf9ac-0dfa-47f7-ad9e-c895a2f3da59. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a53cf9ac-0dfa-47f7-ad9e-c895a2f3da59.json.