GB-Sheffield: Calculation Agent for an ENABLE Guarantee
Details
- Supplier(s)
- Citibank NA
- Value
- £85,000
- Duration
- 15 years
- Topic
- Financial management consultancy services
- Published
- 7 November 2023
- Source
- uk:contracts_finder
Tender description
Department for Business and Trade (DBT) guarantee a portfolio of loans originated by Oxbury Bank, in return for a fee. This contract is for a calculation agent, ensuring probity and confirming amounts due to either party The contract was awarded through the utilisation of a Direct Award in line with the Contracting Authority's Standing Financial Instructions. There is no extension provision available Additional information: This is a direct award contract authrorised within BBB process for under threshold spend.
Timeline
- Completed: Award date26 October 2023
- Completed: Award published7 November 2023Current notice
- Next: Contract expiry date1 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 |
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