Contract notice
Section I: Contracting
authority
I.1) Name and addresses
British Business Bank
Steel City House, West Street
Sheffield
S1 2GQ
UK
Contact person: Jason Swann
Telephone: +44 1142062131
E-mail: jason.swann@british-business-bank.co.uk
NUTS: UKE3
Internet address(es)
Main address: https://www.british-business-bank.co.uk/
Address of the buyer profile: https://www.british-business-bank.co.uk/
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://www.delta-esourcing.com
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://delta-esourcing.com
Tenders or requests to participate must be sent to the abovementioned address
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
Finance Guarantee Portal: Development, Implementation and Support
II.1.2) Main CPV code
72000000
II.1.3) Type of contract
Services
II.1.4) Short description
The British Business Bank delivers a product to the financial markets known as the Enterprise Finance Guarantee (EFG). This product is administered via a web portal which is currently built using code which is expensive to maintain and lacks flexibility for future development and growth.
We are therefore seeking an experienced developer to initially build a new web portal with sufficient capacity and flexibility to support the planned EFG growth and allow the Bank to develop further guarantee products and to provide support to this portal and possible other similar products/portals in the future.
II.1.5) Estimated total value
Value excluding VAT:
1 500 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.2) Additional CPV code(s)
72200000
72210000
72212000
72212442
72230000
72232000
72240000
72241000
72242000
72243000
72246000
72250000
72253000
72253100
72253200
72260000
72261000
72262000
72263000
72265000
72266000
72267000
72267100
72267200
II.2.3) Place of performance
NUTS code:
UKI
Main site or place of performance:
London.
II.2.4) Description of the procurement
Background:
The Enterprise Finance Guarantee (EFG) programme administered by the British Business Bank has been enabling accredited lenders to provide additional debt finance to Small and Medium size Enterprises (SMEs) since 2009. It can be used where an SME has a sound borrowing proposal that is capable of repayment of the debt but has inadequate security to meet the lender’s normal security requirements for the debt. In such a scenario, a lender can use EFG to provide the security which the SME is unable to provide for itself and in doing so, enables the SME to access funding that would otherwise be unavailable.
EFG is administered via the EFG Web Portal. lenders use the EFG Web Portal to manage the full lifecycle of their EFG lending:
1) As an aid to assessment of the borrower’s eligibility under the programme;
2) To make a facility offer and subsequently record its drawdown;
3) To record ‘in-life’ changes to a facility already guaranteed;
4) To record repayment;
5) To make a guarantee claim (if the Borrower defaults) and to record any subsequent recoveries;
6) Recording “in-life” changes on the EFG Web Portal ensures the Guarantee Fee charged to the Borrower is calculated accurately and collected in a timely manner.
Current portal:
The current web portal has been built using a code base that is expensive and not widely available in the UK market (Ruby on Rails). The design of the existing Web Portal has been iterative and has occurred as a result of policy changes which has resulted in a complex architecture that is becoming increasingly difficult to change and maintain.
Further significant product changes are planned and we want to build a new Web Portal with sufficient capacity and flexibility to support the planned EFG growth and allow BBB to develop further guarantee products.
We want to re-architect the Web Portal to allow for future flexibility migrating to a more cost effective code base e.g. Java or .NET
Requirement:
To support the Bank’s business objectives, the EFG Web Portal must provide a solution that is flexible and scalable i.e. highly configurable, easy and quick to change to support rapid growth without losing sight on standardisation and cost effectiveness.
The EFG Web Portal project is seeking an experienced developer to:
— re-build the Web Portal with a new strategic code by October 2019,
— provide ongoing BAU and development support to the Bank and the Portal for 3 years from launch of the new Portal.
A new architecture with flexibility built in by design will reduce the current operational risk and allow for future development and enhance user experience.
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6) Estimated value
Value excluding VAT:
1 500 000.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 48
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
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 III: Legal, economic, financial and technical information
III.1) Conditions for participation
III.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
III.2) Conditions related to the contract
III.2.2) Contract performance conditions
As stated in the tender documents.
III.2.3) Information about staff responsible for the performance of the contract
Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.3) Information about a framework agreement or a dynamic purchasing system
The procurement involves the establishment of a framework agreement with a single operator.
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
07/12/2018
Local time: 12:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.6) Minimum time frame during which the tenderer must maintain the tender
Duration in months: 3 (from the date stated for receipt of tender)
IV.2.7) Conditions for opening of tenders
Date:
07/12/2018
Local time: 12:00
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.2) Information about electronic workflows
Electronic invoicing will be accepted
Electronic payment will be used
VI.3) Additional information
The Contracting Authority considers that this contract may be suitable for economic operators that are Small or Medium Enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.
For more information about this opportunity, please visit the Delta eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-UK-Sheffield:-IT-services:-consulting%2C-software-development%2C-Internet-and-support./A87SFK3286
To respond to this opportunity, please click here:
https://www.delta-esourcing.com/respond/A87SFK3286
GO Reference: GO-2018116-PRO-13507256
VI.4) Procedures for review
VI.4.1) Review body
British Business Bank
Sheffield
UK
VI.5) Date of dispatch of this notice
06/11/2018