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AwardedFind a Tender · award

Loan Management System

Buyer: British Business Bank Plc →

View official notice ↗Official source

BuyerBritish Business Bank Plc
StatusAwarded
Deadline8 May 2026
Value£4,900,000
Published17 Aug 2026

What is being bought

The British Business Bank is the UK’s economic development bank, with a mission to make finance markets work better for smaller businesses. BBB typically operates on a wholesale basis, partnering with lenders within the existing financial ecosystem to increase the supply, diversity, and regional reach of finance available to UK SMEs. The Start Up Loans scheme (SUL) provides debt finance in the form of a personal loan, to help individuals to start or grow their early stage businesses, driving sustainable growth and unlocking potential. Without SUL, many aspiring entrepreneurs would not be able to secure the finance and support to start and grow their businesses. The operating model utilises a mix of internal platforms and external service providers to support the full loan lifecycle - including disbursement, servicing, collections and recoveries. To support future growth, we are preparing to deliver direct lending operations. As part of this, we are seeking FCA approval for a subsidiary of the British Business Bank to become a direct lender and therefore need to procure a comprehensive Loan Management System (LMS) capable of fully supporting this operating model.

Lot details

Lot 1

No lot description published.

Statuscomplete

Comparable-procurement analytics

No usable CPV category has been published, so a comparable market set cannot yet be built.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

1

Statuspending
Value£4,973,032
Contract periodFrom 15 Sept 2026 to 14 Sept 2031

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-0679c4
Latest release ID078055-2026
Latest release timestampMon Aug 17 2026 10:52:05 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLhttps://www.find-tender.service.gov.uk/Notice/032999-2026
Tender statuscomplete
Procurement methodopen
Procurement method detailsCompetitive flexible procedure
Main procurement categoryNot published
Above thresholdNot published
Legal basis2023/54
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source0
Tender documents in source0
Awards in latest release1
Contracts in latest release0
Parties in latest release2

Notice history

DateEventReference
17 Aug 2026award, contract078055-2026
10 Apr 2026tenderUpdate032999-2026
31 Mar 2026tender029908-2026

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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Complete JSON history (3 releases)
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10 Apr 2026 · 032999-2026 · tenderUpdate
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  "language": "en",
  "initiationType": "tender"
}
31 Mar 2026 · 029908-2026 · tender
{
  "id": "029908-2026",
  "tag": [
    "tender"
  ],
  "date": "2026-03-31T15:57:41+01:00",
  "ocid": "ocds-h6vhtk-0679c4",
  "buyer": {
    "id": "GB-PPON-PGTM-8337-GYXM",
    "name": "British Business Bank"
  },
  "tender": {
    "id": "ocds-h6vhtk-0679c4",
    "lots": [
      {
        "id": "1",
        "value": {
          "amount": 0,
          "currency": "GBP",
          "amountGross": 0
        },
        "status": "active",
        "renewal": {
          "description": "The contract will be for 5 years with the option to extend for an additional period of up to 2 years"
        },
        "hasRenewal": true,
        "suitability": {
          "sme": true
        },
        "awardCriteria": {
          "criteria": [
            {
              "name": "Quality and Presentation",
              "type": "quality",
              "numbers": [
                {
                  "number": 70,
                  "weight": "percentageExact"
                }
              ],
              "description": "Quality"
            },
            {
              "name": "Price",
              "type": "price",
              "numbers": [
                {
                  "number": 20,
                  "weight": "percentageExact"
                }
              ],
              "description": "Price"
            },
            {
              "name": "Social Value",
              "type": "quality",
              "numbers": [
                {
                  "number": 10,
                  "weight": "percentageExact"
                }
              ],
              "description": "Social Value"
            }
          ]
        },
        "contractPeriod": {
          "endDate": "2031-09-15T23:59:59+01:00",
          "startDate": "2026-09-15T00:00:00+01:00",
          "maxExtentDate": "2033-09-14T23:59:59+01:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK",
            "country": "GB",
            "countryName": "United Kingdom"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66100000",
            "scheme": "CPV",
            "description": "Banking and investment services"
          },
          {
            "id": "66110000",
            "scheme": "CPV",
            "description": "Banking services"
          },
          {
            "id": "66120000",
            "scheme": "CPV",
            "description": "Investment banking services and related services"
          }
        ]
      }
    ],
    "title": "Loan Management System",
    "value": {
      "amount": 0,
      "currency": "GBP",
      "amountGross": 0
    },
    "status": "active",
    "documents": [
      {
        "id": "conflictOfInterest",
        "description": "Not published",
        "documentType": "conflictOfInterest"
      },
      {
        "id": "029908-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/029908-2026",
        "format": "text/html",
        "noticeType": "UK4",
        "description": "Tender notice on Find a Tender",
        "documentType": "tenderNotice",
        "datePublished": "2026-03-31T15:57:41+01:00"
      }
    ],
    "procedure": {
      "features": "Tenderers must submit a response to the Procurement Specific Questionnaire (PSQ) and the Invitation to Participate (ITP) documents by 08/05/2026 at 23:55.\nFollowing evaluation of the PSQ, the suppliers who pass all sections of the PSQ (please refer to the PSQ document for further details) will proceed to have their ITP response evaluated.\nEvaluators will read the responses provided by the Tenderers to the Quality Questions in Appendix 1 of the ITP ahead of the Presentations (w/c June 1st 2026, exact date to be confirmed). Please note that the responses to certain Quality Questions in Appendix 1 in the ITP and the agenda items in the Presentations (Appendix 4 of the ITP) are linked, and evaluations will be scored based on the bidders responses to the Quality Questions in Appendix 1 and the responses provided in the Presentations.\nCommercial evaluations will also take place along with evaluations to the Social Value questions.\nPlease note that it is British Business Bank’s intention to award the contract following the conclusion of the ITP without proceeding to a Final Tender stage."
    },
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "awardPeriod": {
      "endDate": "2026-09-15T23:59:59+01:00"
    },
    "description": "The British Business Bank (BBB) is the UK’s economic development bank, with a mission to make finance markets work better for smaller businesses. BBB typically operates on a wholesale basis, partnering with lenders within the existing financial ecosystem to increase the supply, diversity, and regional reach of finance available to UK SMEs. \nStart Up Loans (SUL) provides debt finance to support working capital and growth for the smallest and earliest stage businesses, driving sustainable growth and unlocking potential. Without SUL, BBB would be unable to support many entrepreneurs requiring the right type of finance to start and grow their businesses. \nUnder the current operating model, SUL relies on a complex internal technology landscape combined with significant dependence on third party systems for loan disbursement, servicing, collections, and recoveries. This reliance restricts BBB’s ability to scale and to deliver a fully integrated and efficient lending operation. \nBBB therefore will become a direct lender and seek to procure a comprehensive Loan Management System (LMS) capable of fully supporting the organisation’s transition to inhouse lending operations.\nTenderers are also directed to the Specification for the Project Requirements, as set out in Appendix 6 (Specification) of the Invitation To Participate (ITP).\nTo respond to this opportunity, please click here:\nTo access the Procurement Specific Questionnaire:\nhttps://www.delta-esourcing.com/respond/825FNUH6AP\nTo access the tender documentation:\nhttps://www.delta-esourcing.com/respond/V725K345VT",
    "tenderPeriod": {
      "endDate": "2026-05-08T23:55:00+01:00"
    },
    "enquiryPeriod": {
      "endDate": "2026-04-23T17:00:00+01:00"
    },
    "aboveThreshold": true,
    "submissionTerms": {
      "languages": [
        "en"
      ],
      "electronicSubmissionPolicy": "allowed"
    },
    "procurementMethod": "open",
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "https://www.delta-esourcing.com/",
    "procurementMethodDetails": "Competitive flexible procedure"
  },
  "parties": [
    {
      "id": "GB-PPON-PGTM-8337-GYXM",
      "name": "British Business Bank",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKE32",
        "country": "GB",
        "locality": "Sheffield",
        "postalCode": "S1 2GQ",
        "countryName": "United Kingdom",
        "streetAddress": "Steel City House, West Street"
      },
      "details": {
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "PGTM-8337-GYXM",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "procurement@british-business-bank.co.uk"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}