British Business Bank Plc: Agreements for the Start-Up Loans Company’s National Business Support Partner services

  British Business Bank Plc has published this notice through Delta eSourcing

Notice Summary
Title: Agreements for the Start-Up Loans Company’s National Business Support Partner services
Notice type: Contract Award Notice
Authority: British Business Bank Plc
Nature of contract: Services
Procedure: Open
Short Description: The Start-Up Loans Company has conducted a procurement to establish two agreements for National Business Support Partners for the Start Up Loans scheme. Business Support Partners will be responsible for providing credit broking services for personal loans for applicants who are preparing to start-up or are an early-stage business. National Business Support Partners will cover the whole of the UK. Each contract is for an initial term of 24-months, with a maximum of two extensions of up to 12-months each available (i.e. a maximum extension period of up to 24 months).
Published: 31/05/2023 16:19

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UK-Sheffield: Loan brokerage services.

Section I: Contracting Authority

   I.1) Name, Addresses and Contact Point(s):
       The Start-Up Loans Company
       Steel City House, West Street, Sheffield, S1 2GQ, United Kingdom
       Tel. +44 2039051462, Email: procurement@british-business-bank.co.uk
       Contact: Pete Binkiewicz
       Main Address: http://british-business-bank.co.uk, Address of the buyer profile: http://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 Company’s National Business Support Partner services            
      Reference number: Not Provided

      II.1.2) Main CPV code:
         66190000 - Loan brokerage services.


      II.1.3) Type of contract: SERVICES

      II.1.4) Short description: The Start-Up Loans Company has conducted a procurement to establish two agreements for National Business Support Partners for the Start Up Loans scheme. Business Support Partners will be responsible for providing credit broking services for personal loans for applicants who are preparing to start-up or are an early-stage business. National Business Support Partners will cover the whole of the UK. Each contract is for an initial term of 24-months, with a maximum of two extensions of up to 12-months each available (i.e. a maximum extension period of up to 24 months).

      II.1.6) Information about lots
         This contract is divided into lots: No
            
      II.1.7) Total value of the procurement (excluding VAT)
          Value: 7,680,000
                  
         Currency:GBP            

   II.2) Description

      II.2.2) Additional CPV code(s):
      Not Provided

      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: Credit broking services for personal loans (Start Up Loans) for individuals to start or grow an early stage business in the UK.

      II.2.5) Award criteria:
      Quality criterion - Name: Quality / Weighting: 65%
      Quality criterion - Name: Social Value / Weighting: 10%
                  
      Cost criterion - Name: Price / Weighting: 25%
            

      II.2.11) Information about options
         Options: No
         

      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: No       
      

   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: 2023/S 000-002072
      
   

   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: 30/05/2023

      V.2.2) Information about tenders
         Number of tenders received: 6
         Number of tenders received from SMEs: 0 (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: 6

      V.2.3) Name and address of the contractor

      The contract has been awarded to a group of economic operators: Yes
         
         Contractor (No.1)
             Virgin Start Up, 03390330
             66 Porchester Road, London, W2 6ET, United Kingdom
             NUTS Code: UK
            The contractor is an SME: Yes
         
         Contractor (No.2)
             Biz Britain, 08354773
             96 High Street, Marlow, SL7 1AQ, United Kingdom
             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: 7,680,000          
         Total value of the contract/lot: 6,150,000
         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=784774147

   VI.4) Procedures for review

      VI.4.1) Review body
          High Court
          Royal Courts of Justice, The Strand, London, WC2A 2LL, United Kingdom
          Tel. +44 2079476000

      VI.4.3) Review procedure
         Precise information on deadline(s) for review procedures: Any appeals must be brought within the timescales specified by the applicable law, including, without limitation, the Public Contracts Regulations 2015 (as amended). In accordance with those Regulations, the Authority incorporated a minimum 10 calendar day standstill period from the date information on award of contracts was communicated to tenderers.

      VI.4.4) Service from which information about the review procedure may be obtained
          High Court
          Royal Courts of Justice, The Strand, London, WC2A 2LL, United Kingdom
          Tel. +44 2079476000

   VI.5) Date of dispatch of this notice: 31/05/2023




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