Loan Management System Procurement £5,880,000
Summary
The British Business Bank published a tender notice for a Loan Management System valued at £5,880,000. The LMS is required to support direct lending operations and FCA approval for a subsidiary. The tender notice has been amended to reflect changes concerning the legal entity and includes an indicative price range.
What changed
The British Business Bank issued a tender notice for a comprehensive Loan Management System worth £5,880,000 to support future direct lending operations. The system will manage the full loan lifecycle including disbursement, servicing, collections, and recoveries. The notice was amended to reflect changes to the legal entity and includes an indicative price range for bidder understanding.
This procurement opportunity affects technology vendors and financial systems providers capable of delivering enterprise-grade loan management solutions to a UK government economic development bank. Bidders must access documentation and submit proposals through the delta-esourcing portal. The tender supports BBB's mission to expand finance options for UK SMEs through direct lending operations requiring FCA approval.
What to do next
- Access tender documentation via delta-esourcing portal
- Submit proposals by the stated deadline
- Review Appendix 6 Specification for project requirements
Archived snapshot
Apr 11, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Tender
Loan Management System
- British Business Bank UK4: Tender notice - Procurement Act 2023 - view information about notice types
Notice identifier: 2026/S 000-032999
Procurement identifier (OCID): ocds-h6vhtk-0679c4
Published 31 March 2026, 3:57pm
Last edited 10 April 2026, 5:32pm
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- 10 April 2026, 5:32pm (this version)
- 31 March 2026, 3:57pm
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Contents
Scope Participation Submission Award criteria Other information Procedure Contracting authority
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- Copy link Print this notice Report concerns about this procurement ## Changes to notice
This notice has been edited. The previous version is still available.
This addendum has been issued to reflect an amendment concerning the legal entity. In addition, an indicative price range has been provided to support bidders’ understanding.
Scope
Description
The British Business Bank is the UK’s economic development bank, with a mission to make finance markets work better for smaller businesses. BBB typically operates on a wholesale basis, partnering with lenders within the existing financial ecosystem to increase the supply, diversity, and regional reach of finance available to UK SMEs.
The Start Up Loans scheme (SUL) provides debt finance in the form of a personal loan, to help individuals to start or grow their early stage businesses, driving sustainable growth and unlocking potential. Without SUL, many aspiring entrepreneurs would not be able to secure the finance and support to start and grow their businesses.
The operating model utilises a mix of internal platforms and external service providers to support the full loan lifecycle - including disbursement, servicing, collections and recoveries.
To support future growth, we are preparing to deliver direct lending operations. As part of this, we are seeking FCA approval for a subsidiary of the British Business Bank to become a direct lender and therefore need to procure a comprehensive Loan Management System (LMS) capable of fully supporting this operating model.
Tenderers are also directed to the Specification for the Project Requirements, as set out in Appendix 6 (Specification) of the Invitation To Participate (ITP).
To respond to this opportunity, please click here:
To access the Procurement Specific Questionnaire:
https://www.delta-esourcing.com/respond/825FNUH6AP
To access the tender documentation:
https://www.delta-esourcing.com/respond/V725K345VT
Total value (estimated)
- £4,900,000 excluding VAT
- £5,880,000 including VAT Above the relevant threshold
Contract dates (estimated)
- 15 September 2026 to 15 September 2031
- Possible extension to 14 September 2033
- 7 years Description of possible extension:
The contract will be for 5 years with the option to extend for an additional period of up to 2 years
Main procurement category
Services
CPV classifications
Banking and investment services
Banking services
Investment banking services and related services
Contract locations
- UK - United Kingdom
Participation
Particular suitability
Small and medium-sized enterprises (SME)
Submission
Enquiry deadline
23 April 2026, 5:00pm
Submission type
Tenders
Tender submission deadline
8 May 2026, 11:55pm
Submission address and any special instructions
https://www.delta-esourcing.com /
Tenders may be submitted electronically
Yes
Languages that may be used for submission
English
Award decision date (estimated)
15 September 2026
Award criteria
| Name | Description | Type | Weighting |
|---|---|---|---|
| Quality and Presentation | Quality | Quality | 70% |
| Price | Price | Price | 20% |
| Social Value | Social Value | Quality | 10% |
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Competitive flexible procedure
Competitive flexible procedure description
Tenderers must submit a response to the Procurement Specific Questionnaire (PSQ) and the Invitation to Participate (ITP) documents by 08/05/2026 at 23:55.
Following evaluation of the PSQ, the suppliers who pass all sections of the PSQ (please refer to the PSQ document for further details) will proceed to have their ITP response evaluated.
Evaluators will read the responses provided by the Tenderers to the Quality Questions in Appendix 1 of the ITP ahead of the Presentations (w/c June 1st 2026, exact date to be confirmed). Please note that the responses to certain Quality Questions in Appendix 1 in the ITP and the agenda items in the Presentations (Appendix 4 of the ITP) are linked, and evaluations will be scored based on the bidders responses to the Quality Questions in Appendix 1 and the responses provided in the Presentations.
Commercial evaluations will also take place along with evaluations to the Social Value questions.
Please note that it is British Business Bank or a member of its groups intention to award the contract following the conclusion of the ITP without proceeding to a Final Tender stage.
Contracting authority
British Business Bank
- Public Procurement Organisation Number: PGTM-8337-GYXM Steel City House, West Street
Sheffield
S1 2GQ
United Kingdom
Email: procurement@british-business-bank.co.uk
Region: UKE32 - Sheffield
Organisation type: Public authority - central government
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