# GB-Sheffield: ECL Loss Modelling

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [British Business Bank](/buyers/british-business-bank/contract-awards)
- Contract winner: 4Most Europe Ltd
- Award value: £1,157,469
- Tender value: £1,157,469
- Award date: 25 September 2020
- Published: 8 December 2020
- Contract start: 26 September 2020
- Contract end: 24 March 2021
- Stage: awarded
- Procurement category: services
- Notice ID: fc2bd0b7-5dad-43da-abc2-21607d1aae13-398925
- OCID: ocds-b5fd17-0ca2d2e1-aa7a-43ac-b542-3e4bd4131e62

## Description

BBB COVID ECL & Loss Claims project - Calculating Expected Credit Losses for IFRS9 purposes, fair values for IFRS9 and IFRS 13 purposes, & calculate expected future claim amounts over the remaining life of each scheme \(BBLS, CBILS & CLBLS\) Additional information: This award has relied upon the guidance issued in PPN 01/20 as the Buyer has had to respond to the requirement to deliver specific additional schemes as a result of the Covid-19 crisis\.

## Related contract awards

- [GB-Sheffield: Microsoft](/contracts/ocds-b5fd17-eb52a225-19c3-49f3-b242-aeeb28b38ee1): British Business Bank
- [GB-Sheffield: Workday Adaptive Planning Software](/contracts/ocds-b5fd17-d4ed8427-df1f-46f2-9316-d24188d489d0): British Business Bank
- [GB-Sheffield: Data analytics and visualization](/contracts/ocds-b5fd17-ed4c60e0-8175-42c5-be92-2d0a266b1eca): British Business Bank
- [GB-Sheffield: Recalibration of the scorecard](/contracts/ocds-b5fd17-e17fb1c6-b759-40e9-a036-e5f1b8b485b2): British Business Bank
- [British Business Bank - Consultant for Expected Credit Loss & Claims Modelling 0003565](/contracts/ocds-b5fd17-2008ef61-185e-43c5-a0e8-2d1ffb4d45a5): Places for People Group Ltd
- [GB-Sheffield: IFRS9 ECL & Claims Model - Call-off 4](/contracts/ocds-b5fd17-4ac06db0-aa8d-40cf-8791-347eb8387636): British Business Bank Plc

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/fc2bd0b7-5dad-43da-abc2-21607d1aae13-398925)