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Official procurement procedure

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

Financial consultancy services
UK
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Places for People Group Ltd: "British Business Bank - Consultant for Expected Credit Loss & Claims Modelling 0003565". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityPlaces for People Group LtdScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Places for People Group Ltd
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Places for People Group Ltd. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
6.6Bids / Report
8.3% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 12 active published awards; 12 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityPlaces for People Group Ltd
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSDynamic market
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published8 Apr 2024, 14:05 BST
Last source update8 Apr 2024, 14:05 BST
Recurring procurementNot published
ClassificationFinancial consultancy services
Delivery area
UK
OCIDocds-h6vhtk-045057
What is being bought
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.
What changed
From the official release history
  1. Status changed to complete
    8 Apr 2024, 14:05 BST
  2. Official notice release published
    8 Apr 2024, 14:05 BST
  3. Buyer information updated
    8 Apr 2024, 14:05 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    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.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    8 Apr 2024, 14:05 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 22 Mar 2024, 00:00 GMT · £6,000,000
Commercial outcome and competition
Awards
4most Europe Ltd
Not published · Not published · active
Contracts
Contract
£6,000,000 · signed 22 Mar 2024, 00:00 GMT · active
Bid statistics
bids: 1 (lot 1)
electronicBids: 1 (lot 1)
Buyer and organisations in this procedure

Places for People Group Ltd

Contracting authority GB-FTS-33817
View buyer profile

  • British Business Bank
    buyer

    Steel City House, West Street, Sheffield, UK, S1 2GQ
    mediaenquiries@british-business-bank.co.uk

  • Places for People Group Ltd
    buyer
    centralPurchasingBody

    4 The Pavilions, Portway, Preston, UK, PR2 2YB
    suppliers@procurementhub.co.uk
    +44 8452667629

  • 4most Europe Ltd
    supplier

    07537640
    Salisbury House, 29 Finsbury Circus, London, UK, EC2M 5QQ

  • Crown Commercial Services
    reviewContactPoint

    1 Horse Guards Road, London, SW1A 2HQ
    +44 3454102222

  • High Court of England and Wales
    mediationBody
    reviewBody

    Royal Court of Justice, The Strand, London, WC2A 2LL
    +44 3454102222
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published