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Official procurement procedure

Support Contract for EFG Portal

Information technology services
Yorkshire & Humber (UKE32)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: British Business Bank Plc: "Support Contract for EFG Portal". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityBritish Business Bank PlcScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: British Business Bank Plc
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for British Business Bank Plc. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
2.9Bids / Report
12.5% 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: 9 active published awards; 8 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. Published-to-award variance 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 Unpublished data stays unknown.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 AuthorityBritish Business Bank Plc
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published1 Mar 2021, 18:32 GMT
Last source update1 Mar 2021, 18:32 GMT
Recurring procurementNot published
ClassificationInformation technology services
Delivery area
Yorkshire & Humber (UKE32)
OCIDocds-h6vhtk-02974e
What is being bought
Provision of the development resources to build and support Guarantees Portal software which is used to register loans that BBB have provided guarantees for including the Coronavirus Business Interruption Loans. The current scope for these requirements covers CBILS 2.0 and the Claims and Arrears process
What changed
From the official release history
  1. Status changed to complete
    1 Mar 2021, 18:32 GMT
  2. Official notice release published
    1 Mar 2021, 18:32 GMT
  3. Buyer information updated
    1 Mar 2021, 18:32 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    At short notice in March 2020, BBB was designated by HM Treasury as the body responsible for administering the Coronavirus Business Interruption Scheme, the Coronavirus Large Business Interruption Scheme, and the Bounce Back Loan Scheme ("Coronavirus Loan Schemes"). BBB required certain software support and development services at extremely short notice to handle the requirements of the Coronavirus Loan Schemes. There was not enough time to carry out a competitive procurement in accordance with the Public Contracts Regulations 2015 ("PCR 2015"), but BBB concluded that regulation 32(2)(c) permitted it to contract directly with Thoughtbot. Thoughtbot was already providing similar services to BBB in connection with the Enterprise Finance Guarantee ("EFG") Scheme. BBB therefore contracted with Thoughtbot so that the software solution being used for the EFG Scheme could be adapted to support the Coronavirus Loan Schemes. The Coronavirus Loan Schemes were each intended to be open for applications for a period of six months. The Coronavirus Loan Schemes have since been extended due to further unforeseen developments in the context of the pandemic forcing further suppression of social and commercial freedoms. In particular, on 17 December 2020 the Chancellor announced that the Coronavirus Loan Schemes had been extended to 31 March 2021. Accordingly, BBB will require technical support (i) for applications for financial support up to at least 31 March 2021 and (ii) in connection with the management of the portfolio of loans for at least five years. As a result, BBB has concluded that it needs to continue contracting with Thoughtbot to avoid any interruption to the Coronavirus Loan Schemes.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    1 Mar 2021, 18:32 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 31 Jan 2021, 00:00 GMT · £960,000
Commercial outcome and competition
Awards
Thoughtbot Ltd
Not published · Not published · active
Contracts
Contract
£960,000 · signed 31 Jan 2021, 00:00 GMT · active
Bid statistics
bids: 1 (lot 1)
Buyer and organisations in this procedure

British Business Bank Plc

Contracting authority GB-FTS-7087
View buyer profile

  • British Business Bank Plc
    buyer

    Steel City House, West Street, Sheffield, UKE32, S1 2GQ
    procurement@british-buisness-bank.co.uk
    +44 02039051462

  • High Court
    reviewBody

    London, WC24 2LL

  • Thoughtbot Ltd
    supplier

    05943167
    3Rd Floor Griffin Court 15 Long Lane - Barbican -, London -, UKI, EC1A 9PN
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleRegulation 32(2)(c) of the PCR 2015 applies for the following reasons: BBB needs to ensure that it can provide uninterrupted financial support to businesses whose operations have been impacted by restrictions resulting from the introduction of lockdown measures in response to further waves of COVID-19 infections. It cannot provide that financial support without the necessary software, which is supported by services provided by Thoughtbot. BBB is therefore reacting to a current situation that is a genuine emergency. The need for extreme urgency has been caused by unforeseeable events. The COVID-19 situation is so novel that the impact of further waves of infections could not have been predicted. Thoughtbot's current contract expired on 31 January 2021. Having regard to the time it would take to prepare for and carry out a procurement in compliance with the PCR 2015, and to transition to a new supplier, it was impossible to comply with the usual timescales in the PCR 2015 and to transition to a new supplier before 31 January 2021. BBB has acted promptly in responding to the current situation of extreme urgency and has proceeded to make this direct award without delay. The duration of the contract has been limited to the minimum necessary period required to implement and to transition to a longer term solution in compliance with the PCR 2015. In particular, the contract has been set up to enable that transition from 31 January 2022 and to require it to take place before 31 January 2023.