---
title: "Structured Guarantees"
ocid: "ocds-h6vhtk-05e2d8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05e2d8"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05e2d8.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05e2d8.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "BRITISH BUSINESS BANK"
published: "2026-05-27"
---

# Structured Guarantees

Buyer: BRITISH BUSINESS BANK  
Current stage: Award  
OCID: ocds-h6vhtk-05e2d8

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05e2d8)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-05e2d8.json)

## Summary

The public procurement process, led by the British Business Bank, focused on the "Structured Guarantees" initiative, aims to enhance financial market operations for small to medium-sized enterprises (SMEs) across the UK. The bank, a central government authority based in Sheffield, offers these guarantees to stimulate the diversity and supply of finance for SMEs through partnerships with lenders. As part of a completed procurement stage, this tender underpins a strategic investment initiative dated from April 16, 2026, to May 21, 2031. The procurement follows an open and competitive flexible procedure, primarily targeting the services sector with an embedded emphasis on portfolio management, data processing, and financial market services. This award, valued at £1,490,000, signifies a major step in the ongoing development of financial infrastructures tailored for SMEs.

This tender represents a significant opportunity for businesses in the financial services industry, particularly those specialising in portfolio management, data-processing services, and financial market operations. SMEs with the capability to develop and integrate technological solutions for the banking sector's operational efficiencies are particularly well-suited to engage in this procurement process. By aligning with the British Business Bank's objectives, businesses can leverage the competitive landscape to build relationships with government entities and expand their market presence within the financial sector. Such collaborations not only promise growth but also fortify the company's position as a vital contributor to the economic development of small businesses across the UK.

## Notice

The British Business Bank (BBB) is the UK economic development bank with an objective of making finance markets work better for small businesses. The BBB typically operates on a wholesale basis through the existing financial ecosystem with lenders partnering with the BBB in areas that increase the supply, diversity and regionality of finance for UK SMEs. Structured Guarantees (SGs) is one of the wholesale product offerings provided by the BBB. It primarily supports the BBB's objectives by aiming to increase the availability of finance to UK SMEs and promoting competition within the SME debt finance market. It does this by encouraging lenders to increase their lending by, for example, addressing the high capital consumption associated with such lending. SGs is branded as two separate programmes, but the underlying aims and structures are broadly the same for both: 1.ENABLE Guarantees: This programme is operated on behalf of the Department of Business and Trade (DBT). It was announced at the Government's 2013 Autumn Statement, with the first Request for Proposals (RFP) published in 2014. The programme was initially only open to banks but expanded to include non-banks in 2019. This programme is not limited in the types of lending it can support, as long as the underlying lending is targeted at UK SMEs. Examples of the types of lending supported include secured lending against commercial property to support a business's working capital or growth needs, dealer floorplan finance, and asset / invoice finance. 2.ENABLE Build: The programme was launched in 2019 with the BBB operating the scheme on behalf of Ministry for Housing Community and Local Government (MHCLG), the government department responsible for housebuilding. Unlike ENABLE Guarantees, the programme only supports finance going to smaller housebuilders. Under both programmes, the BBB (acting on behalf of the government) take on a portion of the risk of a portfolio of debt finance to SMEs, in return for a fee. The guarantee is priced and structured such that a positive return is expected for government under all but the most adverse economic scenarios. Lenders under the programmes are required to report monthly or quarterly on the performance of the transactions. They are required to submit loan level information across a number of fields, some of which are consistent across transactions and some of which are transaction specific. Currently, banks submit this data in three separate files, while non-bank financial institutions (NBFIs) submit all data in one file across separate tabs. NBFI submissions have consistently been poor in quality and format causing significant operational inefficiencies and risk exposure. The three separate files submitted by banks contain loan-level regulatory data and BBB-specific fields, but data validation rules cannot be applied unless the data is merged, which is a manual and time-consuming process. Currently all reporting by the BBB is being done manually via excel but given the complex nature of each portfolio, the Structured Financial Institutions Solutions (SFIS) team spend a significant amount of time managing each transaction to ensure adherence to the terms of the structure. Each transaction is structured specifically for each lender which means the chosen supplier will need to independently acquire a detailed understanding of the legal documents and the terms contained within them, as well as of the underlying portfolio and data. What are our goals As the programmes scale, the BBB is looking for a partner to provide expert knowledge in structured finance transactions including independent interpretation of legal documents, translating them into automated rules which would feed into a technology solution accessible to both BBB, lenders, and a calculation agent. The objective is to streamline and de-risk the manual processes from both the perspective of the lender and the Banking Operations team. Tenderers are also directed to the Specification for the Project Requirements, as set out in Appendix 6 (Specification) of the Invitation To Participate (ITP).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/049384-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Competitive flexible procedure |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 May 2026 |
| Submission deadline | 22 Dec 2025 |
| Future notice date | Not specified |
| Award date | 24 Mar 2026 |
| Contract period | 21 May 2026 - 21 May 2031 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,500,000 |
| Lots value | £1,500,000 |
| Awards value | £1,500,000 |
| Contracts value | £1,492,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BRITISH BUSINESS BANK |
| 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 | FIVE SIGMA FINANCE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 72 - IT services: consulting, software development, Internet and support

### Codes

- 66140000 - Portfolio management services
- 66151000 - Financial market operational services
- 72310000 - Data-processing services
- 72600000 - Computer support and consultancy services

## Release History

- 27 May 2026 at 08:31 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/049384-2026
- 24 Mar 2026 at 21:54 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/027077-2026
- 3 Dec 2025 at 16:05 - TenderUpdate - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/079467-2025
- 19 Nov 2025 at 10:13 - TenderUpdate - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/075069-2025
- 17 Nov 2025 at 19:06 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/074569-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/049384-2026
  27th May 2026 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/027077-2026
  24th March 2026 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/079467-2025
  3rd December 2025 - Tender notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/075069-2025
  19th November 2025 - Tender notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/074569-2025
  17th November 2025 - Tender notice on Find a Tender

## Notice URLs

- https://www.delta-esourcing.com/respond/994GSXQ5YY
- https://www.delta-esourcing.com/respond/C3A25E6Z2V
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-05e2d8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05e2d8.json.