Loan Management System
Awarded to UAB CREDITONLINE
British Business Bank(buyer)
- Published
- Published 31 March 2026
- Deadline
- Closed 8 May 2026
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Overview
Contracting authority
1 live opportunity · 50 awarded contracts
Sheffield, United Kingdom
GB-PPON: PGTM-8337-GYXM
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Key details
- Country
- United Kingdom
- Status
- In delivery
- Category
- Services
- Estimated value
- £4,900,000
- Procedure
- Competitive flexible procedure
- Rules
- Procurement Act 2023
- SME suitable
- Yes
- Published
- 31 March 2026
- Questions by
- 23 April 2026
- Deadline
- Closed
Award outcome
- Awarded value
- £4,973,032
- Award date
- 16 August 2026
- Contract period
- 14 September 2026 → 15 September 2031
- Contract length
- 5 years
- Could run to
- 14 September 2033
- Against estimate
- 1% above
- Bids received
- 7
- UAB CREDITONLINE
This contract ends on 15 September 2031, or 14 September 2033 if every extension is used.
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About the winner
UAB CREDITONLINE
- Based in
- Kaunas,
- Public contracts won
- 1
- Across UK and EU notices
No other contract from British Business Bank under this supplier name in Skim's records.
See every contract UAB CREDITONLINE holds and when each one ends
Competition and scoring
Bids received
7
1 from SMEs
Open and restricted tenders in Financial and insurance services drew a median of 3 bids over the last 24 months; 21% received only one.
Who bid
- UAB CREDITONLINEWinner
How bids were scored
Price 20% · Quality 80%
- Quality and Presentation70%
- Price20%
- Social Value10%
Price and cost criteria in black, quality in blue.
Market context
Typical award in Financial and insurance services
£120,000
Median of 2,338 awards in the last 24 months
This award is 41.4× the median.
British Business Bank in the last 12 months
51
contracts awarded, worth £89,927,713 in total
Recent awards in Financial and insurance services
The latest contracts other buyers awarded under the same classification.
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£95k · 9 August 2026
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Department for Transport, won by N M ROTHSCHILD & SONS LTD
£112k · 30 April 2026
Notice history
Every published notice in this contracting process, newest first.
Contract
21 October 2026
Contract
17 August 2026
Tender Update
10 April 2026
Contract Notice
31 March 2026
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