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Contract Award Notice

Post Claims Assurance Services

  • First published: 24 February 2024
  • Last modified: 24 February 2024
  • Version: N/A
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To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-h6vhtk-028f2e
Published by:
British Business Bank
Authority ID:
AA51947
Publication date:
24 February 2024
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

British Business Bank (BBB) undertook a mini competition utilising the Crown Commercial Services (CCS) RM6188 Audit & Assurance Services Framework - Lot 2 External Audit. This was for the delivery of Post Claims Assurance (PCA) Services. PCA will aim to provide assurance that Lenders have claimed in line with the Guarantee Agreement (GA), and/or add to the evidence base, to allow challenge and potential offset or reimbursement of incorrectly made claims. The PCA project will develop a systematic risk-based process to identify a population of claims settled by Department for Business and Trade (DBT) under the terms of the GA. Award was made to more than one supplier to manage any conflicts of interest held with the Lenders and to ensure suitable levels of capacity to deliver the services. The Contracts are for an initial term of 1 year and 7 months, with available extensions for a further 2 periods of 12 months.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

British Business Bank

Steel, West Street

Sheffield

S1 2GQ

UK

Contact person: Leila Bradshaw

Telephone: +44 1142062131

E-mail: procurement@british-business-bank.co.uk

NUTS: UK

Internet address(es)

Main address: https://www.british-business-bank.co.uk/

I.4) Type of the contracting authority

Body governed by public law

I.5) Main activity

Economic and financial affairs

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Post Claims Assurance Services

II.1.2) Main CPV code

79212000

 

II.1.3) Type of contract

Services

II.1.4) Short description

British Business Bank (BBB) undertook a mini competition utilising the Crown Commercial Services (CCS) RM6188 Audit & Assurance Services Framework - Lot 2 External Audit. This was for the delivery of Post Claims Assurance (PCA) Services. PCA will aim to provide assurance that Lenders have claimed in line with the Guarantee Agreement (GA), and/or add to the evidence base, to allow challenge and potential offset or reimbursement of incorrectly made claims. The PCA project will develop a systematic risk-based process to identify a population of claims settled by Department for Business and Trade (DBT) under the terms of the GA.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 7 646 710.00  GBP

II.2) Description

II.2.3) Place of performance

NUTS code:

UK


Main site or place of performance:

UNITED KINGDOM

II.2.4) Description of the procurement

British Business Bank (BBB) undertook a mini competition utilising the Crown Commercial Services (CCS) RM6188 Audit & Assurance Services Framework - Lot 2 External Audit. This was for the delivery of Post Claims Assurance (PCA) Services. PCA will aim to provide assurance that Lenders have claimed in line with the Guarantee Agreement (GA), and/or add to the evidence base, to allow challenge and potential offset or reimbursement of incorrectly made claims. The PCA project will develop a systematic risk-based process to identify a population of claims settled by Department for Business and Trade (DBT) under the terms of the GA. Award was made to more than one supplier to manage any conflicts of interest held with the Lenders and to ensure suitable levels of capacity to deliver the services. The Contracts are for an initial term of 1 year and 7 months, with available extensions for a further 2 periods of 12 months.

II.2.5) Award criteria

Quality criterion: Capability, Capacity and Continuous Improvement / Weighting: 45

Quality criterion: Innovation / Weighting: 15

Quality criterion: Social Value / Weighting: 10

Cost criterion: Cost Model / Weighting: 20

Cost criterion: Weighte / Weighting: 10

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2021/S 000-002008

Section V: Award of contract

Contract No: C2091.2

Title: Post Claims Assurance Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

25/08/2023

V.2.2) Information about tenders

Number of tenders received: 5

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 5

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 5

The contract has been awarded to a group of economic operators: Yes

V.2.3) Name and address of the contractor

RSM UK Risk Assurance Services LLP

OC389499

6th Floor, 25 Farringdon Street

London

EC4A 4AB

UK

Telephone: +44 1142062131

NUTS: UK

The contractor is an SME: No

V.2.3) Name and address of the contractor

KPMG LLP

OC301540

15 Canada Square

London

E14 5GL

UK

Telephone: +44 1142062131

NUTS: UK

The contractor is an SME: No

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

Initial estimated total value of the contract/lot:

Total value of the contract/lot: : 7 646 710.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.3) Additional information

To view this notice, please click here:

<a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=844843347" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=844843347</a>

GO Reference: GO-2024223-PRO-25357669

VI.4) Procedures for review

VI.4.1) Review body

British Business Bank

Sheffield

S1 2GQ

UK

Telephone: +44 1142062131

E-mail: procurement@british-business-bank.co.uk

VI.5) Date of dispatch of this notice

23/02/2024

Coding

Commodity categories

ID Title Parent category
79212000 Auditing services Accounting and auditing services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
procurement@british-business-bank.co.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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