Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
British Business Bank
Steel City House, West Street
Sheffield
S1 2GQ
UK
Contact person: Leila Hodson
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
Transformational Support Services
II.1.2) Main CPV code
79400000
II.1.3) Type of contract
Services
II.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
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
566 000.00
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) 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
II.2.5) Award criteria
Price
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
Award of a contract without prior publication of a call for competition
Justification for selected award procedure:
Extreme urgency brought about by events unforeseeable for the contracting authority and in accordance with the strict conditions stated in the Directive
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.
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
Section V: Award of contract
Contract No: C2025
Title: Transformational Support Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
03/08/2023
V.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Oliver Wyman
02995605
1 Tower Place West, Tower Place
London
EC3R 5BU
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 566 000.00
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=807409768" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=807409768</a>
GO Reference: GO-202396-PRO-23811560
VI.4) Procedures for review
VI.4.1) Review body
British Business Bank
Steel City House, West Street
Sheffield
S1 2GQ
UK
VI.5) Date of dispatch of this notice
06/09/2023