Who Won It

Contract award · 10 Sep 2026

the Financial Transaction Control Framework

British Business Bank plc awarded “the Financial Transaction Control Framework” to Government Actuarys Dept for £30,000. Awarded without open competition.

No competitionFinancial & insurance servicesYorkshire and the Humber

BuyerBritish Business Bank plc
Value £30,000
WinnerGovernment Actuarys Dept

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Buyer
British Business Bank plc · Body governed by public law
Supplier
Government Actuarys Dept
Value
£30,000
Procedure
Single tender action (below threshold)
Sector
Financial & insurance services · Financial consultancy services (CPV 66171000)
Region
Yorkshire and the Humber
Official notice
View on Contracts Finder
Timeline
  1. Contract date10 Sep 2026
  2. Published17 Sep 2026Published 7 days after the contract date

Description

Independent review of the methodology adopted for calculating credit risk capital requirements

About the supplier

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