Awarded contract

GB-Sheffield: Calculation Agent for Close Brothers

Details

Supplier(s)
Citibank NA
Value
£58,157
Duration
3 years
Topic
Financial management consultancy services
Published
1 April 2025

Tender description

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

Timeline

  1. Completed: Award date1 March 2025
  2. Completed: Award published1 April 2025
    Current notice
  3. Next: Contract expiry date31 May 2028in 2 years

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.

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Decision makers

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