AWARD OUTCOME
What happened
British Business Bank PLC published an awarded contract notice for model input validation services. The award names SQW LIMITED as supplier following identity verification by company number; the source notice names the supplier as SQW EBT LTD. The published award value is £59,924 and the stated service period is 1 April to 30 June 2026.
Published outcomeOne active award is recorded to SQW LIMITED for £59,924.
Market significanceA small, short-duration financial consultancy engagement awarded through a below-threshold single tender action.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
SQW LIMITED
98% confidenceAward ocds-b5fd17-a7bbd822-be12-4ee5-bbaa-463f66c42da8-1 · 59924 GBP · active
View supporting evidence
The award identifies supplier GB-COH-01701564. Supplier verification matched company number 01701564 to SQW LIMITED; award value is £59,924.
LIFECYCLE
Award or contract stage
Notice type
99% confidenceAwarded contract notice on Contracts Finder
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Process notice_type and award document description.
Award status
98% confidenceActive
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Award status is recorded as active.
Award decision date
98% confidence30 March 2026
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Award date: 2026-03-30.
Contract period stated
99% confidence1 April 2026 to 30 June 2026
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Award and tender contractPeriod startDate/endDate.
VALUES
Published values explained
Published award value
99% confidence£59,924
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Award value.amount is 59924 GBP.
Value allocation
96% confidenceThe full published award value is associated with the single recorded award and supplier.
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One award is recorded, with one supplier and value of £59,924.
TIMELINE
Procurement timeline
Tender submission deadline
97% confidence30 March 2026
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Tender period endDate: 2026-03-30.
Award date
98% confidence30 March 2026
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Award date: 2026-03-30.
Stated contract start
99% confidence1 April 2026
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Contract period startDate: 2026-04-01.
Stated contract end
99% confidence30 June 2026
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Contract period endDate: 2026-06-30.
Award notice publication
99% confidence19 October 2026
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Award notice datePublished: 2026-10-19.
SCOPE
What was awarded
Requirement
98% confidenceValidation of inputs into the Model
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Process and tender description.
Category
99% confidenceServices
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Main procurement category is services.
CPV classification
99% confidence66171000 — Financial consultancy services
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Primary CPV classification.
Delivery geography
94% confidenceUnited Kingdom
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Tender item delivery address countryName: United Kingdom.
PROCEDURE
Procedure and competition
Procurement method
99% confidenceDirect
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Process and tender procurementMethod: direct.
Procedure detail
99% confidenceSingle tender action (below threshold)
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procurementMethodDetails.
SME suitability
95% confidenceYes
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Tender suitability.sme is true.
Competition information
99% confidenceNot published
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No bid count, bidder list, evaluation results or scores are supplied.
CONTRACT TERMS
Published contract terms
Stated duration
99% confidenceApproximately 3 months
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Stated period runs from 1 April to 30 June 2026.
Extension or renewal terms
99% confidenceNot published
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No extension or renewal terms are supplied.
Pricing detail
99% confidenceNot published beyond the total award value
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The source provides an award total but no rate card, milestones or cost breakdown.
COMMERCIAL VIEW
Commercial observations
Engagement profile
90% confidenceThe published scope and CPV indicate a focused financial-consultancy assignment concerning model input validation.
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Description states validation of inputs into the Model; CPV is Financial consultancy services.
Route-to-market signal
98% confidenceThe buyer recorded a below-threshold single tender action, so the notice does not evidence an open competitive process.
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Procedure detail is Single tender action (below threshold).
DATA QUALITY
Gaps and source limitations
Supplier name discrepancy handled
99% confidenceThe source award and party data name the supplier as SQW EBT LTD, while company-number verification identifies SQW LIMITED (01701564) as the verified legal name. This analysis uses SQW LIMITED as the supplier name.
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Source supplier name/legal name: SQW EBT LTD; verified company name: SQW LIMITED; matched company number: 01701564.
Limited published procurement detail
99% confidenceInformation not supplied in the published notice includes bid count, evaluation rationale, scoring, pricing breakdown, lot allocation and extension terms.
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No such fields or documents are provided in the supplied record.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- The supplier source name differs from the verified legal company name: the source states SQW EBT LTD, while company-number verification identifies SQW LIMITED (01701564).
- Information not supplied in the published notice: bid count, competing suppliers, evaluation methodology, scores, award rationale, pricing breakdown, lot detail, and extension or renewal terms.
- The notice records stated contract dates but does not explicitly evidence signature or execution of a contract.
MARKET THEMES
Relevant award themes
British Business Bank PLCSQW LIMITEDmodel input validationfinancial consultancy servicessingle tender actionContracts Finder
COMMON QUESTIONS
About this award
Who received the Model Input Validation award?
SQW LIMITED, verified by company number 01701564. The source notice names SQW EBT LTD.
What is the published award value?
£59,924.
What procurement route was used?
Direct procurement: single tender action below threshold.
When is the stated contract period?
From 1 April 2026 to 30 June 2026.
ProcuraAxis award analysis supplements, but does not replace, the official award notice, contract data or procurement documents. “Awarded” does not by itself prove that a contract has been signed.