Opening up the investment pipeline of the BBB
Who
| Buyer | British Business Bank — not a council we hold |
| Supplier | Ernst & Young LLP |
What
British Business Bank (BBB) undertook a mini competition exercise via Lot 2 (Stratgegy) of the Crown Commercial Services (CCS) RM6187 Management Consultancy Framework Three (MCF3) for the provision of consultancy services to support the development, design and implementation of a new investment vehicle/fund that would enable the Bank to take on and manage third party capital. This will be for an initial term of 11 months until 31st December 2024, with the option to extend for a further 6 months until 30th June 2025. The total potential value for the full term of the contract, incorporating the extension period, shall be £2,000,000
Dates and source
| Runs | 26 Jan 2024 to 30 Jun 2025 |
| OCID | ocds-b5fd17-bc73e039-88bb-4ce8-a017-da0fe9e1f01f |
| Notice | Read it on Contracts Finder |
Figures are as published An award value in OCDS may be a framework ceiling rather than a sum anyone expects to spend, so a large figure here is not evidence of a large purchase.