---
title: "GB-Sheffield: longer term bonus scheme"
ocid: "ocds-b5fd17-e2195519-f530-4716-a1ec-bc13ef3fc232"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e2195519-f530-4716-a1ec-bc13ef3fc232"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e2195519-f530-4716-a1ec-bc13ef3fc232.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-e2195519-f530-4716-a1ec-bc13ef3fc232.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "BRITISH BUSINESS BANK"
published: "2017-07-24"
---

# GB-Sheffield: longer term bonus scheme

Buyer: BRITISH BUSINESS BANK  
Current stage: Tender  
OCID: ocds-b5fd17-e2195519-f530-4716-a1ec-bc13ef3fc232

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-e2195519-f530-4716-a1ec-bc13ef3fc232)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-e2195519-f530-4716-a1ec-bc13ef3fc232.json)

## Summary

The British Business Bank is seeking a business partner for a longer-term bonus scheme, with a contract valued at approximately £50,000. The procurement falls under the financial consultancy services industry category and is currently at the Tender stage, with the tender period ending on 7th August 2017. The contract is set to commence on 1st September 2017 and continue until 30th November 2017, with applications suitable for small and medium enterprises. The procurement method employed is an open procedure and the contract may involve delivery locations spanning the UK and overseas territories.

This tender presents a valuable opportunity for businesses specialising in financial consultancy, particularly those proficient in remuneration and incentive schemes. Candidates with expertise in business analysis, economic research, financial management, or human resources consultancy would be particularly well-suited to compete. By engaging in this project, successful bidders can contribute to a significant initiative aligned with a government-backed entity, potentially fostering long-term partnerships within the public sector.

## Notice

BBB requires a business partner to provide remuneration advice, options, recommendations and share external insights to review the BBB incentive scheme. This scheme is referred to as an LTIP although as BBB's shareholder is the Government there are no shares attached to the scheme and therefore the scheme is more of a deferred, longer term bonus scheme aligned to the 3-year business plan rather than a typical LTIP. 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/e69e7da3-472e-4c0c-9ce7-6f7039b70f0f |
| 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 | 24 Jul 2017 |
| Submission deadline | 7 Aug 2017 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Aug 2017 - 30 Nov 2017 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £50,000 |
| 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
- 72 - IT services: consulting, software development, Internet and support
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 66171000 - Financial consultancy services
- 66523000 - Pension fund consultancy services
- 72221000 - Business analysis consultancy services
- 79311400 - Economic research services
- 79412000 - Financial management consultancy services
- 79414000 - Human resources management consultancy services

## Release History

- 24 Jul 2017 at 07:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/e69e7da3-472e-4c0c-9ce7-6f7039b70f0f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/e69e7da3-472e-4c0c-9ce7-6f7039b70f0f
  24th July 2017 - Opportunity notice on Contracts Finder
- https://www.delta-esourcing.com/tenders/UK-GB-Sheffield:-longer-term-bonus-scheme/9BBEX62N42
  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-e2195519-f530-4716-a1ec-bc13ef3fc232. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-e2195519-f530-4716-a1ec-bc13ef3fc232.json.