British Business Bank Plc: Agreements for the Start-Up Loans Compan y’s Finance Partner and associated

UK-London: Financial and insurance services.

Section I: Contracting Authority

   I.1) Name, Addresses and Contact Point(s):
       The Start-Up Loans Company Limited
       71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom
       Tel. +44 1142062134, Email: Procurement@British-business-bank.co.uk
       Contact: Pete Binkiewicz
       Main Address: www.british-business-bank.co.uk
       NUTS Code: UK

   I.2) Joint procurement:
      The contract involves joint procurement: No          
      In the case of joint procurement involving different countries, state applicable national procurement law: Not Provided
      The contract is awarded by a central purchasing body: No

   I.4)Type of the contracting authority:
      Body governed by public law

   I.5) Main activity:
      Economic and financial affairs

Section II: Object Of The Contract

   II.1) Scope of the procurement

      II.1.1) Title: Agreements for the Start-Up Loans Compan y’s Finance Partner and associated            
      Reference number: Not Provided

      II.1.2) Main CPV code:
         66000000 - Financial and insurance services.


      II.1.3) Type of contract: SERVICES

      II.1.4) Short description: The Start-Up Loans Company is conducting this procurement to establish agreements for finance partners for the Start Up Loans scheme as follows:
Lot 1: Issuing of New Loans, Loan Administration of New Loans, Debt Collection of New Loans
Lot 2: Assignment of pre-existing Loans; Loan Administration of pre-existing Loans, Debt Collection of pre-existing Loans

      II.1.6) Information about lots
         This contract is divided into lots: Yes
            
      II.1.7) Total value of the procurement (excluding VAT)
          Value: 18,000,000
                  
         Currency:GBP            

   II.2) Description (lot no. 1)
   

      II.2.1) Title:Issuing of New Loans, Loan Administration of New Loans, Debt Collection of New Loans   
      Lot No:1

      II.2.2) Additional CPV code(s):
            66000000 - Financial and insurance services.
            66100000 - Banking and investment services.
            66110000 - Banking services.
            66113000 - Credit granting services.
            66113100 - Micro-credit granting services.
            66150000 - Financial markets administration services.
            66151000 - Financial market operational services.
            66152000 - Financial market regulatory services.
            66190000 - Loan brokerage services.


      II.2.3) Place of performance
      Nuts code:
      UK - UNITED KINGDOM
   
      Main site or place of performance:
      UNITED KINGDOM
             

      II.2.4) Description of the procurement: Issuing of New Personal Loans, Loan Administration and Debt Collection of the New Personal Loans
Eligibility for a Start Up Loan:
1) 18 years of age or older;
2) Current UK resident;
3) New business or trading for up to 24 months;
4) Business is or will be based in the UK;
5) Business owners must have the right to live and work in the UK;
6) Loans are subject to personal credit checks.

Start Up Loans must satisfy the following conditions:
1) Be a personal Loan in a range size from £500 up to £25,000.
2) Only one Loan per individual, who must be an owner or partner in the business.
3) A maximum of £100,000 of personal Loans per business.
4) All conditions in the Finance Partner Agreement
General Requirements are set-out in the procurement documents.

      II.2.5) Award criteria:
      Quality criterion - Name: Criterion 1 / Weighting: 45
                  
      Cost criterion - Name: Criterion 1 / Weighting: 55
            

      II.2.11) Information about options
         Options: Yes
         Description of these options:Back Up Service Provider requirements are set-out in the procurement documents. The Authority will assess any such proposals and determine whether, at its sole discretion, it will incorporate the proposals into the Finance Partner contracted services. Note the proposals will not form part of the tender evaluation.

      II.2.13) Information about European Union funds
         The procurement is related to a project and/or programme financed by European Union funds: No
         

      II.2.14) Additional information: Not Provided


Section IV: Procedure

IV.1) Description

   IV.1.1)Type of procedure: Open


   IV.1.3) Information about a framework agreement or a dynamic purchasing system
      The procurement involves the establishment of a framework agreement: Yes       
      

   IV.1.6) Information about electronic auction
      An electronic auction has been used: No

   IV.1.8) Information about the Government Procurement Agreement (GPA)
      The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

   IV.2.1) Previous publication concerning this procedure
       Notice number in the OJEU: 2019/S 176-428773
      
   

   IV.2.9) Information about termination of call for competition in the form of a prior information notice
      The contracting authority will not award any further contracts based on the above prior information notice: No

Section V: Award of contract

Award Of Contract (No.1)

   Contract No: Not Provided    
   Lot Number: Not Provided    
   Title: Not Provided

   A contract/lot is awarded: Yes


   V.2) Award of contract

      V.2.1) Date of conclusion of the contract: 09/03/2020

      V.2.2) Information about tenders
         Number of tenders received: 4
         Number of tenders received from SMEs: 4 (SME - as defined in Commission Recommendation 2003/361/EC)          
         Number of tenders received from tenderers from other EU Member States: 0          
         Number of tenders received from tenderers from non-EU Member States: 0          
         Number of tenders received by electronic means: 4

      V.2.3) Name and address of the contractor

      The contract has been awarded to a group of economic operators: No
         
         Contractor (No.1)
             The Enterprise Fund Ltd, 04460763
             Lee House, 90 Great Bridgewater, Manchester, M1 5JW, United Kingdom
             Tel. +44 1612454977
             NUTS Code: UK
            The contractor is an SME: Yes

      V.2.4) Information on value of the contract/lot (excluding VAT)
         Initial estimated total value of the contract/lot: 18,000,000          
         Total value of the contract/lot: 18,000,000
         Currency: GBP

      V.2.5) Information about subcontracting
         The contract is likely to be subcontracted: No
         
Section VI: Complementary information

   VI.3) Additional information: To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=483788053

   VI.4) Procedures for review

      VI.4.1) Review body
          British Business Bank
          Steel City House, West Street, Sheffied, S1 3GQ, United Kingdom
          Tel. +44 2039051462, Email: procurement@british-business-bank.co.uk

      VI.4.3) Review procedure
         Precise information on deadline(s) for review procedures: Not Provided

      VI.4.4) Service from which information about the review procedure may be obtained
         Not Provided

   VI.5) Date of dispatch of this notice: 24/03/2020