Section one: Contracting authority
one.1) Name and addresses
British Business Bank Plc
Steel City House, West Street
Sheffield
S1 2GQ
Contact
Pete Binkiewicz
procurement@british-business-bank.co.uk
Telephone
+44 2039051462
Country
United Kingdom
Region code
UK - United Kingdom
Internet address(es)
Main address
http://british-business-bank.co.uk/
Buyer's address
http://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
Agreement for the Start-Up Loans Company’s Post Loan Support Partner services
two.1.2) Main CPV code
- 80000000 - Education and training services
two.1.3) Type of contract
Services
two.1.4) Short description
The Start-Up Loans Company has conducted a procurement to establish an agreement for a Post Loan Support Partner for the Start Up Loans scheme. The Post Loan Support Partner will be responsible for providing mentoring and related services to Borrowers of personal loans, issued under the Scheme, who are preparing to start-up or are an early-stage business. The Post Loan Support Partner will offer the services to all Borrowers across the whole of the UK.
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: £5,300,000
two.2) Description
two.2.2) Additional CPV code(s)
- 80000000 - Education and training services
- 66000000 - Financial and insurance services
- 66100000 - Banking and investment services
- 66110000 - Banking services
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
The Start-Up Loans Company conducted this procurement to establish an agreement for a Post Loan Support Partner for the Start Up Loans scheme. The Post Loan Support Partner will be responsible for providing mentoring and related services to Borrowers of personal loans, issued under the Scheme, who are preparing to start-up or are an early-stage business. The Post Loan Support Partner will offer the services to all Borrowers across the whole of the UK.
two.2.5) Award criteria
Quality criterion - Name: Quality / Weighting: 65%
Quality criterion - Name: Social Value / Weighting: 10%
Cost criterion - Name: Evaluated Contract Value / Weighting: 25%
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.1.8) 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: 2022/S 000-031028
Section five. Award of contract
Title
Agreement for the Start-Up Loans Company’s Post Loan Support Partner services
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
25 April 2023
five.2.2) Information about tenders
Number of tenders received: 4
Number of tenders received from SMEs: 2
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
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Newable Trade (London) Ltd
140 Aldersgate Street
London
EC1A 4HY
Country
United Kingdom
NUTS code
- UK - United Kingdom
National registration number
02233989
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £5,000,000
Total value of the contract/lot: £5,300,000
five.2.5) Information about subcontracting
The contract is likely to be subcontracted
Value or proportion likely to be subcontracted to third parties
Proportion: 50 %
Short description of the part of the contract to be subcontracted
Online platform and related services
Section six. Complementary information
six.3) Additional information
To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=783412868" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=783412868
GO Reference: GO-2023530-PRO-23083588
six.4) Procedures for review
six.4.1) Review body
High Court
Royal Courts of Justice, The Strand
London
WC2A 2LL
Telephone
+44 2079476000
Country
United Kingdom
six.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.
six.4.4) Service from which information about the review procedure may be obtained
High Court
Royal Courts of Justice, The Strand
London
WC2A 2LL
Telephone
+44 2079476000
Country
United Kingdom