Calculation Agent for an ENABLE Guarantee transaction
Details
- Supplier(s)
- Citibank NA
- Value
- £85,000
- Duration
- 15 years
- Topic
- Banking services
- Published
- 28 September 2023
- Source
- uk:contracts_finder
Tender description
The Agency Services Provider will perform the functions outlined below. 1.Performance and analytics of synthetic securitisation transactions a.Typically quarterly performance reporting including reporting any reporting required under the Securitisation Regulation b.Annual discretionary review of the systems and processes which ensure business continuity by minimizing risks while providing compliance with legal and statutory requirements c.Guarantee performance analytics d.Calculation of premia 2.Actions testing a.Suitability testing for replenishments based on data fields in the dataset b.Checking eligibility of the guarantee assets c.Communicating guarantee claims to the British Business Bank payment unit
Timeline
- Completed: Award published28 September 2023Current notice
- Completed: Award date10 October 2023
- Next: Contract expiry date10 October 2038
About the buyer
British Business Bank is a government-owned economic development bank and non-departmental public body, wholly owned by the Department for Business and Trade. A supplier management policy sets out how the Bank runs its contracts. Monthly spend above a set threshold is published for transparency. Suppliers can also read the Bank's guide to public sector tendering.
Public sector frameworks let suppliers win call-off contracts through mini-competitions.
Over the past 5 years, most of British Business Bank's contract awards have been in business services, financial and insurance services and software and information systems.
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@british-business-bank.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@british-business-bank.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@british-business-bank.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@british-business-bank.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@british-business-bank.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@british-business-bank.gov |
8 similar open tenders
See more open tenders related to Banking services.
- Open tender
Electronic Payment Services 2027-2031
- Open tender
Loan Finance Tender
- Open tender
Systems and technical consultancy services
Related buyers
Buyers similar to British Business Bank.
- 2,956£753.8m
- 1,203£13.7bn
- 822£8.9bn
- 547£16.2bn
- 505£4.2bn
- 445£130.8m
- 400£385.2m
- 379£1.8m
- 324£340.8m
- 288£10.2bn
Finding public sector work shouldn't be hard
Make your next tender search effortless with Stotles. Set up alerts, find decision maker contacts and never miss a good-fit opportunity again.