Contract award · 22 Mar 2024

British Business Bank - Consultant for Expected Credit Loss & Claims Modelling 0003565

Places for People Group Limited awarded “British Business Bank - Consultant for Expected Credit Loss & Claims…” to 4most Europe Ltd for £6m on 22 Mar 2024.

Financial & insurance servicesNorth West

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
Places for People Group Limited · Body governed by public law
Value
£6,000,000
Procedure
Restricted procedure
Sector
Financial & insurance services · Financial consultancy services (CPV 66171000)
Timeline
  1. Contract date22 Mar 2024
  2. Published17 Mar 2025Published 360 days after the contract date

Description

Text to be corrected in the original notice: Place of text to be modified: Total value of the procurement Instead of: 6,000,000 Read: II.1.7) Total value of the procurement (excluding VAT) Value: 6,800,00 All Suppliers invited to this opportunity have passed the minimum requirements of the Procurement hub's Consultants Dynamic Purchasing System (DPS) OJEU Reference Number 2019/S 130-319565. British Business Bank sought Consultants to provide services on on maintaining and operating a bespoke model solution to enable BBFSL to model and report expected losses and claims across the existing Covid response schemes (BBLS, CBILS, CLBILS), the RLS schemes, and to enable modelling and reporting of future DBT guarantee schemes.

About the supplier

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