Official UK procurement notice
Agreements for the Start-Up Loans Company’s National Business Support Partner services
Authority: The Start-Up Loans Company
What is being bought
Published requirement descriptionThe Start-Up Loans Company has conducted a procurement to establish two agreements for National Business Support Partners for the Start Up Loans scheme. Business Support Partners will be responsible for providing credit broking services for personal loans for applicants who are preparing to start-up or are an early-stage business. National Business Support Partners will cover the whole of the UK. Each contract is for an initial term of 24-months, with a maximum of two extensions of up to 12-months each available (i.e. a maximum extension period of up to 24 months).
CPV: Loan brokerage services
The lotProcurement structure
single lot · value publishedLot #1Credit broking services for personal loans (Start Up Loans) for individuals to start…AwardedRenewalPublished value£7,680,000
Credit broking services for personal loans (Start Up Loans) for individuals to start or grow an early stage business in the UK.
What it takes to wini
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 morei
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).
Published award criteria (3)
- Quality: 65%
- Social Value: 10%
- Price: 25%
- Suitability
Financial Conduct Authority authorisation to undertake credit broking as defined in article 36A of Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, or acceptable specific exemption(s) from the legislation, as set out within the procurement documents.
- Staff
- Names and qualifications of delivery staff must be submitted
- 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
- 23 Jan 2023, 19:05 GMT
- Last source update
- 31 May 2023, 19:04 BST
- Award evaluation window
- 1 Mar 2024 – …
- FTS notice number
2023/S 000-015473- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0399efFind a Tender
- Electronic trading
- electronic payment
- Performance terms
Please see the procurement documents and contract documents for more information
- 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=784774147" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=784774147</a> GO Reference: GO-2023531-PRO-23090955
How it was run
Official notice- Submission deadline
- 1 Mar 2023, 12:00 GMT
- Submission channel
- {"written"}
- Accepted languages
- en
- Participation fee
- document
- Bid validity
- 360 days from the deadline
- Bids opened
- 1 Mar 2024, 12:01 GMT
Timeline
1 Mar 2023 → 1 Mar 2024 · 3 dates- Submission deadline1 Mar 2023, 12:00 GMT
- Notice published31 May 2023, 19:04 BST
- Bids opened1 Mar 2024, 12:01 GMT
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete31 May 2023, 19:04 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Biz BritainSME, Virgin Start UpSMEjoint award | £6,150,000 † | — | Awarded |
Contracts
Contract 015473-2023-1 · Biz BritainSME, Virgin Start UpSME
- Signed
- 30 May 2023
- Value
- £6,150,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 6bids · 6 electronic | 0 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High CourtReview bodyReview contact point
Bidders & participating suppliers
2 commercial parties on the notice- Biz BritainAwarded supplier
- Virgin Start UpAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria