British Business Bank Plc: GB-Sheffield: Opening up the investment pipeline of the BBB

  British Business Bank Plc has published this notice through Delta eSourcing

Notice Summary
Title: GB-Sheffield: Opening up the investment pipeline of the BBB
Notice type: Competitive Contract Award Notice
Authority: British Business Bank Plc
Nature of contract: Not applicable
Procedure: Not applicable
Short Description:
Published: 26/01/2024 16:20

View Full Notice

Competitive Contract Award Notice

1. Title: GB-Sheffield: Opening up the investment pipeline of the BBB
2. Awarding Authority:
    British Business Bank
    Steel City House, West Street, Sheffield, S1 2GQ, United Kingdom
    Tel. 0114 2062134, Email: procurement@british-business-bank.co.uk, URL: https://www.british-business-bank.co.uk/
    Attn: Procurement
3. Contract Type: Services
      Sub Type: Management consultant services and related services.

4. Description: Business and management consultancy services. British Business Bank (BBB) undertook a mini competition exercise via Lot 2 (Stratgegy) of the Crown Commercial Services (CCS) RM6187 Management Consultancy Framework Three (MCF3) for the provision of consultancy services to support the development, design and implementation of a new investment vehicle/fund that would enable the Bank to take on and manage third party capital.

This will be for an initial term of 11 months until 31st December 2024, with the option to extend for a further 6 months until 30th June 2025.

The total potential value for the full term of the contract, incorporating the extension period, shall be £2,000,000
5. CPV Codes:
   79410000 - Business and management consultancy services.

6. NUTS Codes :
   UK - UNITED KINGDOM

7. Main Site or Location of Works, Main Place of Delivery or Main Place of Performance: UNITED KINGDOM,
8. Reference Attributed by the Awarding Authority:
9. Awarded to:

    Ernst & Young LLP
    National ID: OC300001, 1 More London, London, SE1 2AF, United Kingdom
    Tel. 000
    Attn: Partner
Value Cost: 2,000,000
Is Awardee likely to subcontract?: No Awarded to SME?: No
10. Date of Contract Award: 18/12/2023
11. Number of Tenders Received: Not Provided
12. Other Information:
Other Information: To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=838585921
TKR-2024126-PRO-25054884
Suitable for VCO: No
Period of Work Start date: 26/01/2024
Period of Work End date: 30/06/2025
   



View any Notice Addenda

View Award Notice