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Tenfell
Closed tender
Published 20 Sep 2019

GB-London: Operational Review Service Provider

British Business Bank · United Kingdom

Key facts

Estimated value
£100,000
Closing date
04 Oct 2019
Contract starts
01 Nov 2019
Contract ends
31 Oct 2022
Procedure
Open procedure
Buyer type
Central government

Description

The British Business Bank is seeking a service provider to perform operational reviews (the "Operational Review Service Provider") of prospective delivery partners under the ENABLE Guarantee programme, the ENABLE Build and the ENABLE Funding programme. The review should ideally be in line with standard rating agency practices forming part of a rating process, and should cover at least the following: •business organisation; •SME origination and underwriting processes; •internal rating systems and measurement of defaults and recoveries; •portfolio management and servicing; •work-out processes; •governance and internal controls.

Following each review the Operational Review Service Provider will produce an operational review report summarising its findings.

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.

Categories (CPV)

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