---
title: "GB-Sheffield: IFRS9 ECL & Claims Model - Call-off 2"
ocid: "ocds-b5fd17-f132db14-d27e-4109-827a-fd2a4ac4c592"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f132db14-d27e-4109-827a-fd2a4ac4c592"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f132db14-d27e-4109-827a-fd2a4ac4c592.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f132db14-d27e-4109-827a-fd2a4ac4c592.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BRITISH BUSINESS BANK PLC"
published: "2022-02-01"
---

# GB-Sheffield: IFRS9 ECL & Claims Model - Call-off 2

Buyer: BRITISH BUSINESS BANK PLC  
Current stage: Award  
OCID: ocds-b5fd17-f132db14-d27e-4109-827a-fd2a4ac4c592

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-f132db14-d27e-4109-827a-fd2a4ac4c592)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-f132db14-d27e-4109-827a-fd2a4ac4c592.json)

## Summary

The procurement process pertains to the British Business Bank Plc based in Sheffield, UK, which has awarded a contract for financial consultancy services under the title "GB-Sheffield: IFRS9 ECL & Claims Model - Call-off 2." This tender, classified under CPV code 66171000, involves designing, building, and testing components to calculate expected credit losses for IFRS9 purposes, specifically focusing on Covid loan schemes. The contract was awarded on 31 December 2020, with an effective contract period from 4 January 2021 to 30 April 2021, and the total contract value is £325,360.

This contract represents a significant opportunity for businesses involved in financial consultancy, particularly those with expertise in IFRS compliance and credit risk management. Competitors may include consulting firms that specialise in financial regulatory frameworks, accounting services, and quantitative analysis. Given the nature of the services required, firms with robust capabilities in economic modelling and the assessment of financial instruments would be well-suited to pursue similar contracts in the future.

## Notice

Financial consultancy services - IFRS9 ECL & Claims Model - Call-off 2 (Design, build & test) Calculating Expected Credit Losses for IFRS9 purposes, fair values for IFRS9 and IFRS 13 purposes, & calculate expected future claim amounts over the remaining life of each Covid loan scheme.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/01c228ba-b56f-40d2-ba13-e2afd1162f4a |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 Feb 2022 |
| Submission deadline | 31 Dec 2020 |
| Future notice date | Not specified |
| Award date | 31 Dec 2020 |
| Contract period | 4 Jan 2021 - 30 Apr 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £325,360 |
| Lots value | Not specified |
| Awards value | £325,360 |
| 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 PLC |
| Locality | SHEFFIELD |
| Post town | 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 | 4MOST (EUROPE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 1 Feb 2022 at 15:50 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/01c228ba-b56f-40d2-ba13-e2afd1162f4a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/01c228ba-b56f-40d2-ba13-e2afd1162f4a
  1st February 2022 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=662894478
  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-f132db14-d27e-4109-827a-fd2a4ac4c592. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f132db14-d27e-4109-827a-fd2a4ac4c592.json.