Contract

Transformational Support Services

  • British Business Bank

F03: Contract award notice

Notice identifier: 2023/S 000-026394

Procurement identifier (OCID): ocds-h6vhtk-03fa9b

Published 6 September 2023, 7:06pm



Section one: Contracting authority

one.1) Name and addresses

British Business Bank

Steel City House, West Street

Sheffield

S1 2GQ

Contact

Leila Hodson

Email

procurement@british-business-bank.co.uk

Telephone

+44 1142062131

Country

United Kingdom

Region code

UK - United Kingdom

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

Transformational Support Services

two.1.2) Main CPV code

  • 79400000 - Business and management consultancy and related services

two.1.3) Type of contract

Services

two.1.4) Short description

British Business Bank (BBB) have awarded a Contract to Oliver Wyman Ltd for the provision of Transformational Support Services across a term of 3 months.

This will incorporate areas such as:

•Defining the strategy and assessing/testing the market

•Defining the required changes and assessing the various options available

•Providing project management support throughout any transformation period

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: £566,000

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

British Business Bank (BBB) have awarded a Contract to Oliver Wyman Ltd for the provision of Transformational Support Services across a term of 3 months. The services will cover areas such as: •Defining and market assessment/testing key elements of an investment strategy •Defining any required changes and assessing the various options available to BBB •Providing project management support throughout the transformation

two.2.5) Award criteria

Price

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

Award of a contract without prior publication of a call for competition in the cases listed below

  • Extreme urgency brought about by events unforeseeable for the contracting authority

Explanation:

This award was made without prior publication, due to the need to engage a supplier and to deliver the services at pace in connection with a confidential HM Government mandate and associated timescales. Thus, the British Business Bank did not have sufficient time to comply with the standard open procedure timescales for this procurement.

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes


Section five. Award of contract

Contract No

C2025

Title

Transformational Support Services

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

3 August 2023

five.2.2) Information about tenders

Number of tenders received: 1

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Oliver Wyman

1 Tower Place West, Tower Place

London

EC3R 5BU

Country

United Kingdom

NUTS code
  • UK - United Kingdom
National registration number

02995605

The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £566,000


Section six. Complementary information

six.3) Additional information

To view this notice, please click here:

https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=807409768" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=807409768

GO Reference: GO-202396-PRO-23811560

six.4) Procedures for review

six.4.1) Review body

British Business Bank

Steel City House, West Street

Sheffield

S1 2GQ

Country

United Kingdom