# GB-Sheffield: Finance Innovation Lab - horizon scanning

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

## Key facts

- Public buyer: [British Business Bank PLC](/buyers/british-business-bank-plc/contract-awards)
- Contract winner: Finance Innovation Lab
- Award value: £25,000
- Tender value: £25,000
- Award date: 12 February 2025
- Published: 1 April 2025
- Contract start: 14 February 2025
- Contract end: 31 March 2025
- Stage: awarded
- Procurement category: services
- Notice ID: 93724ae8-f90f-4e45-9f43-506344a42e39-837771
- OCID: ocds-b5fd17-4db64d04-f983-440e-b70c-15dda47c8d9d

## Description

We need to carry out a horizon-scanning baselining exercise of sustainability-related factors that may be relevant to the Bank's achievement of its strategic objectives and to its financial performance\. The Financial Innovation Lab produces a report on UK financial sector policy that is updated monthly\. In producing the report, the Lab monitors a wide range of sources of information and analysis\. We would be commissioning a bespoke one-off report, based on the FSP Forward Look, that: • Allows BBB to make use of the contents for commercial purposes • Identifies issues that: • may impact directly on BBB • are most relevant to BBB's customers, namely UK smaller businesses, start-ups and venturebacked growth companies • may impact on the ability of non-deposit-taking small and medium sized financial institutions \(SME FIs\) to provide finance to the Bank's customers • Evaluates the identified issues in terms of the potential extent and likelihood of impacts Additional information: This has been procured in line with the banks financial instruction

## Related contract awards

- [Anti-Money Laundering KYC Tooling](/contracts/ocds-b5fd17-b6f554bb-dccd-4404-aaab-1d5f725e4bbd): BRITISH BUSINESS BANK PLC
- [Workforce Solution - Transformation & Delivery Manager \(ITOps\)](/contracts/ocds-b5fd17-d16f7d25-edef-4975-8b71-7287e2b2e9fc): BRITISH BUSINESS BANK PLC
- [Workforce Solution - Transformation & Delivery Manager \(GRC\)](/contracts/ocds-b5fd17-91ea79e1-f8ad-4814-81a7-f0c595c252e1): BRITISH BUSINESS BANK PLC

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/93724ae8-f90f-4e45-9f43-506344a42e39-837771)