British Business Bank Plc: GB-Sheffield: longer term bonus scheme

  British Business Bank Plc is using Delta eSourcing to run this tender exercise

Notice Summary
Title: GB-Sheffield: longer term bonus scheme
Notice type: Competitive Contract Notice
Authority: British Business Bank Plc
Nature of contract: Not applicable
Procedure: Not applicable
Short Description: BBB requires a business partner to provide remuneration advice, options, recommendations and share external insights to review the BBB incentive scheme. This scheme is referred to as an LTIP although as BBB’s shareholder is the Government there are no shares attached to the scheme and therefore the scheme is more of a deferred, longer term bonus scheme aligned to the 3-year business plan rather than a typical LTIP.
Published: 24/07/2017 08:44

View Full Notice

Competitive Contract Notice

1. Title: GB-Sheffield: longer term bonus scheme
2. Awarding Authority:
    British Business Bank
    Foundry House, 3 Millsands, Sheffield, S3 8NH, United Kingdom
    Tel. 0203 905 1462, Email: amie.knight@british-business-bank.co.uk
    Contact: Amie Knight, Attn: amie knight
3. Contract Type: Services
      Sub Type: Management consultant services and related services.

4. Description: Economic research services. Financial consultancy services. Pension fund consultancy services. Business analysis consultancy services. Financial management consultancy services. Human resources management consultancy services. BBB requires a business partner to provide remuneration advice, options, recommendations and share external insights to review the BBB incentive scheme. This scheme is referred to as an LTIP although as BBB’s shareholder is the Government there are no shares attached to the scheme and therefore the scheme is more of a deferred, longer term bonus scheme aligned to the 3-year business plan rather than a typical LTIP.
5. CPV Codes:
   79311400 - Economic research services.
   66171000 - Financial consultancy services.
   66523000 - Pension fund consultancy services.
   72221000 - Business analysis consultancy services.
   79412000 - Financial management consultancy services.
   79414000 - Human resources 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. Estimated Value of Requirement: Category J: 25K to 50K
Currency: GBP
10. Deadline for Expression of Interest: 07/08/2017 17:00:00
11. Address to which they must be sent:
    British Business Bank
    Foundry House, 3 Millsands, Sheffield, S3 8NH, United Kingdom
    Tel. 0203 905 1462, Email: amie.knight@british-business-bank.co.uk
    Contact: Amie Knight, Attn: amie knight
   
12. Other Information:
Other Information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.
For more information about this opportunity, please visit the Delta eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-GB-Sheffield:-longer-term-bonus-scheme/9BBEX62N42

To respond to this opportunity, please click here:
https://www.delta-esourcing.com/respond/9BBEX62N42
TKR-2017724-PRO-10694268
Suitable for VCO: No
Procedure Type:OPEN
Period of Work Start date: 01/09/2017
Period of Work End date: 30/11/2017
Is this a Framework Agreement?: no

View any Notice Addenda

View Award Notice