---
title: "British Business Bank - Consultant for Expected Credit Loss & Claims Modelling 0003565"
ocid: "ocds-h6vhtk-045057"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-045057"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-045057.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-045057.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "PLACES FOR PEOPLE GROUP LTD"
published: "2024-04-08"
---

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

Buyer: PLACES FOR PEOPLE GROUP LTD  
Current stage: Award  
OCID: ocds-h6vhtk-045057

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-045057)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-045057.json)

## Summary

The British Business Bank recently awarded a contract for consultancy services titled "Consultant for Expected Credit Loss & Claims Modelling 0003565" in the services category. The procurement was carried out using a selective procurement method with Restricted procedure. The contract value is £6,000,000 and was signed on 22nd March 2024. Places for People Group Ltd was the buying organisation, located in Preston, United Kingdom. The awarded supplier is 4most Europe Ltd.

This tender for consultancy services presents a lucrative opportunity for businesses involved in financial consultancy services. Companies well-versed in modelling expected losses and claims across various financial schemes, including Covid response schemes and guarantee schemes, would be suited to compete for this contract. The procurement process has reached the award stage, providing a chance for businesses to engage with the British Business Bank and enhance their service capabilities in the financial sector.

## Notice

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.

### Lot Information

Lot 1

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 | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/011270-2024 |
| Notice type | Award Notice |
| Procurement type | Dynamic |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 8 Apr 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 22 Mar 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

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

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | PLACES FOR PEOPLE GROUP LTD |
| Additional buyers | BRITISH BUSINESS BANK |
| Locality | PRESTON |
| Post town | Preston |
| Postcode | PR2 2YB |
| 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

- 8 Apr 2024 at 13:05 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/011270-2024

## Notice URLs

- http://www.placesforpeople.co.uk
- http://www.procurementhub.co.uk
- https://procurementhub.delta-esourcing.com/delta/viewNotice.html?noticeId=850212955
- https://ted.europa.eu/udl?uri=TED:NOTICE:319565-2019:TEXT:EN:HTML
- https://www.british-business-bank.co.uk/

## 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-h6vhtk-045057. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-045057.json.