Find a TenderAwarded
Published 3 Nov 2022, 10:05 GMT

Official UK procurement notice

Agreement for the Start-Up Loans Company’s Post Loan Support Partner services

Official notice

Authority: British Business Bank (Central government)·Consortium: 2 public authorities

ServicesOpen procedureSME suitable
Published estimate£5,000,000exc. VAT6% above published estimate
Submissions closed 7 Dec 2022awarded 25 Apr 2023
Awarded to Newable Trade (London) Ltd

What is being bought

Published requirement description

The Start-Up Loans Company has conducted a procurement to establish an agreement for a Post Loan Support Partner for the Start Up Loans scheme. The Post Loan Support Partner will be responsible for providing mentoring and related services to Borrowers of personal loans, issued under the Scheme, who are preparing to start-up or are an early-stage business. The Post Loan Support Partner will offer the services to all Borrowers across the whole of the UK.

CPV: Banking and investment services · Banking services · Education and training services · Financial and insurance services

The lotProcurement structure

single lot · value published
Lot #1The Start-Up Loans Company conducted this procurement to establish an agreement for a…AwardedRenewalPublished value£5,000,000

The Start-Up Loans Company conducted this procurement to establish an agreement for a Post Loan Support Partner for the Start Up Loans scheme. The Post Loan Support Partner will be responsible for providing mentoring and related services to Borrowers of personal loans, issued under the Scheme, who are preparing to start-up or are an early-stage business. The Post Loan Support Partner will offer the services to all Borrowers across the whole of the UK.

Delivery: UK · UNITED KINGDOM
Extensions: A maximum of two extensions of up to 12-months (i.e. a maximum extension period of up to 24 months). Further details in the contract documents.Variant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 65%Price: 25%Social value: 10%
Published sub-criteria (3)
  • Quality: 65%
  • Evaluated Contract Value: 25%
  • Social Value: 10%
Published award criteria (3)
  • Quality: 65%
  • Social Value: 10%
  • Evaluated Contract Value: 25%
Staff
Names and qualifications of delivery staff must be submitted
What this means for your bid
  • Price carries 25 of 100 points: a 10% discount moves about 2.5 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
3 Nov 2022, 10:05 GMT
Last source update
30 May 2023, 12:04 BST
Award evaluation window
7 Dec 2022 – …
FTS notice number
2023/S 000-015246
Classification (CPV)
Banking and investment servicesBanking servicesEducation and training servicesFinancial and insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-037e98 Find a Tender
Contract terms
Electronic trading
electronic payment
Performance terms

Please see the procurement documents and contract documents for more information

Review and risk notes
Review procedure

Any appeals must be brought within the timescales specified by the applicable law, including, without limitation, the Public Contracts Regulations 2015 (as amended). In accordance with those Regulations, the Authority incorporated a minimum 10 calendar day standstill period from the date information on award of contracts was communicated to tenderers.

Publisher note: To view this notice, please click here: <a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=783412868" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=783412868</a> GO Reference: GO-2023530-PRO-23083588

How it was run

Official notice
Run through: Delta eSourcing · Who buys & how to bid on Delta
Public notice page · account needed to bidLanguage: EN
Access & registration note: Free Select account; no DUNS asked at signup
Submission deadline
7 Dec 2022, 12:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bid validity
360 days from the deadline
Bids opened
7 Dec 2022, 12:01 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

7 Dec 2022 → 30 May 2023 · 3 dates
  1. Submission deadline
    7 Dec 2022, 12:00 GMT
  2. Bids opened
    7 Dec 2022, 12:01 GMT
  3. Notice published
    30 May 2023, 12:04 BST

Notice history

2 events · 2 releases on Find a Tender · since 30 May 2023
  1. Status changed to complete
    30 May 2023, 12:04 BST
  2. Buyer details updated
    30 May 2023, 12:04 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £5,300,0001 contract exc. VAT
Bids received 42 from SMEs
Contracts signed 1latest 25 Apr 2023
Awarded toValueDateStatus
Newable Trade (London) LtdSubcontracting: Online platform and related services£5,300,000 †—Awarded

Contracts

  • Agreement for the Start-Up Loans Company’s Post Loan Support Partner services · Newable Trade (London) Ltd

    Signed
    25 Apr 2023
    Value
    £5,300,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
4bids · 4 electronic2——

Contracting authority & participating public bodies

2 public bodies on the notice

British Business Bank Plc

Contracting authorityCentral GovernmentBody governed by public lawEconomic affairs Steel City House, West Street, Sheffield, UK, S1 2GQContact name, email, phone

Consortium members and other public bodies

Dispute resolution & review bodies

  • High CourtReview bodyReview contact point LondonContact phone

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria