Agreements for the Start-Up Loans Company's Business Support Partner services

Start-Up Loans CompanycontractContracts FinderRef BIP761881100SME suitablecomplete

Estimated value

£18.0m

Awarded value

£18.0m

Awarded 31 Mar 2023

Suppliers

1

Lots

1

1 awarded

Published

28 Apr 2023

Deadline 31 Mar 2023

Description

The Start-Up Loans Company has conducted a procurement to establish agreements for Business Support Partners for the Start Up Loans scheme. Business Support Partners will be responsible for providing credit broking services for personal loans for applicants who are preparing to start-up or are an early-stage business. The procurement was made up of 15 Lots, with a total of up to 16 contracts available to deliver Business Support Partner Services: some Business Support Partners will cover the whole of the UK; others will be responsible for specific regions within the UK; and others will be specialists covering the whole of the UK, focusing on applicants with specific characteristics that fall under one of the specialisms. Each contract is for an initial term of 24-months, with a maximum of two extensions of up to 12-months each available (i.e. a maximum extension period of up to 24 months).

Scope

Reference
BIP761881100
Total value
£18,026,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
01 Apr 2023 to 30 Mar 2027
CPV classifications
66190000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
31 Mar 2023, 11:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£18.0m

Award date

31 Mar 2023

Contract start

01 Apr 2023

Contract end

30 Mar 2027