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Tenfell
Awarded contract
Published 01 Apr 2025

GB-Sheffield: Finance Innovation Lab - horizon scanning

BRITISH BUSINESS BANK PLC · Yorkshire and the Humber

Key facts

Contract value
£25,000
Awarded
12 Feb 2025
Contract starts
14 Feb 2025
Contract ends
31 Mar 2025
Procedure
Not specified
Buyer type
Central government

Awarded to

SupplierValue
Finance Innovation Lab£25,000

Description

We need to carry out a horizon-scanning baselining exercise of sustainability-related factors that may be relevant to the Bank's achievement of its strategic objectives and to its financial performance. The Financial Innovation Lab produces a report on UK financial sector policy that is updated monthly. In producing the report, the Lab monitors a wide range of sources of information and analysis. We would be commissioning a bespoke one-off report, based on the FSP Forward Look, that: • Allows BBB to make use of the contents for commercial purposes • Identifies issues that: • may impact directly on BBB • are most relevant to BBB's customers, namely UK smaller businesses, start-ups and venturebacked growth companies • may impact on the ability of non-deposit-taking small and medium sized financial institutions (SME FIs) to provide finance to the Bank's customers • Evaluates the identified issues in terms of the potential extent and likelihood of impacts

Additional information: This has been procured in line with the banks financial instruction

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