Section one: Contracting authority
one.1) Name and addresses
The Start-Up Loans Company
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
Agreements for the Start-Up Loans Company’s National Business Support Partner services
two.1.2) Main CPV code
- 66190000 - Loan brokerage services
two.1.3) Type of contract
Services
two.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).
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: £7,680,000
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
Credit broking services for personal loans (Start Up Loans) for individuals to start or grow an early stage business in the UK.
two.2.5) Award criteria
Quality criterion - Name: Quality / Weighting: 65%
Quality criterion - Name: Social Value / Weighting: 10%
Cost criterion - Name: Price / 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: 2023/S 000-002072
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
30 May 2023
five.2.2) Information about tenders
Number of tenders received: 6
Number of tenders received from SMEs: 0
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
The contract has been awarded to a group of economic operators: Yes
five.2.3) Name and address of the contractor
Virgin Start Up
66 Porchester Road
London
W2 6ET
Country
United Kingdom
NUTS code
- UK - United Kingdom
National registration number
03390330
The contractor is an SME
Yes
five.2.3) Name and address of the contractor
Biz Britain
96 High Street
Marlow
SL7 1AQ
Country
United Kingdom
NUTS code
- UK - United Kingdom
National registration number
08354773
The contractor is an SME
Yes
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £7,680,000
Total value of the contract/lot: £6,150,000
Section six. Complementary information
six.3) Additional information
To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=784774147" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=784774147
GO Reference: GO-2023531-PRO-23090955
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