Section one: Contracting authority
one.1) Name and addresses
British Business Bank
53 Detroit Avenue, West Street
LEEDS
LS15 8NU
Contact
Leila Hodson
procurement@british-business-bank.co.uk
Telephone
+44 1142062131
Country
United Kingdom
NUTS code
UK - United Kingdom
National registration number
08616013
Internet address(es)
Main address
https://www.british-business-bank.co.uk/
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Opening up the investment pipeline of the BBB
two.1.2) Main CPV code
- 79410000 - Business and management consultancy services
two.1.3) Type of contract
Services
two.1.4) Short description
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
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £2,000,000
two.2) Description
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
Main site or place of performance
UNITED KINGDOM
two.2.4) Description of the procurement
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.
two.2.5) Award criteria
Quality criterion - Name: Experience / Weighting: 20
Quality criterion - Name: Expertise / Weighting: 15
Quality criterion - Name: Approach / Weighting: 10
Quality criterion - Name: Methodology / Weighting: 20
Quality criterion - Name: Stakeholder Engagement / Weighting: 10
Cost criterion - Name: Price for Phase One / Weighting: 10
Cost criterion - Name: Weighted Rate Card / Weighting: 10
Cost criterion - Name: Value for Money / Weighting: 5
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.3) Information about a framework agreement or a dynamic purchasing system
The procurement involves the establishment of a framework agreement
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2020/S 207-506346
Section five. Award of contract
Contract No
C2117
Title
Opening up the investment pipeline of the BBB
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
18 December 2023
five.2.2) Information about tenders
Number of tenders received: 5
Number of tenders received from SMEs: 0
Number of tenders received from tenderers from other EU Member States: 5
Number of tenders received from tenderers from non-EU Member States: 0
Number of tenders received by electronic means: 5
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Ernst & Young LLP
1 More
London
SE1 2AF
Country
United Kingdom
NUTS code
- UK - United Kingdom
National registration number
OC300001
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £2,000,000
Section six. Complementary information
six.3) Additional information
To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=838590122" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=838590122
GO Reference: GO-2024126-PRO-25054915
six.4) Procedures for review
six.4.1) Review body
British Business Bank
Sheffi
S1 2GQ
Country
United Kingdom