British Business Bank Plc has published this notice through Delta eSourcing
| Notice Summary |
|---|
| Title: | GB-Sheffield: Fraud & Financial Crimes Enhanced Due Diligence Review |
| Notice type: | Competitive Contract Award Notice |
| Authority: | British Business Bank Plc |
| Nature of contract: | Not applicable |
| Procedure: | Not applicable |
| Short Description: | |
| Published: | 20/04/2023 13:31 |
View Full Notice
1. Title: GB-Sheffield: Fraud & Financial Crimes Enhanced Due Diligence Review
2. Awarding Authority:
British Business Bank
Steel City House, West Street, Sheffield, S1 2GQ, United Kingdom
Tel. 0114 2062134, Email: leila.hodson@british-business-bank.co.uk, URL: https://www.british-business-bank.co.uk/
Contact: Leila Hodson, Attn: Senior Commercial Manager
3. Contract Type: Services
Sub Type: Accounting,auditing and book-keeping services.
4. Description: Financial auditing services. British Business Bank as the Contract Authority awarded a 3 month Contract to the Supplier Eversheds Sutherland (International) LLP for the provision of Quality Control and Enhanced Due Diligence Reviews in relation to the Future Fund (FF) portfolio.
The services required are the performance of Quality Control (QC) including but not limited to, checking and identifying areas of concern and advise on what Enhanced Due Diligence (EDD) is required where high risk factors have been identified. The EDD conducted will be to a standard that enables FF to meet its obligations to understand the nature and purpose of the business relationship with the investee company under the Regulation 28 of the MLRs and JMLSG 5.1.5 obligations, namely mandatory CDD checks requiring sufficient detail to assess the potential associated money laundering or terrorist financing risk.
The Contractors review will include identification of potential fraud and financial crime risks and provide a recommendation of potential mitigants to minimise the risks identified.
The total value for the 3 month contract shall be £69,540.00
5. CPV Codes:
79212100 - Financial auditing services.
6. NUTS Codes :
UK - UNITED KINGDOM
7. Main Site or Location of Works, Main Place of Delivery or Main Place of Performance: UNITED KINGDOM,
8. Reference Attributed by the Awarding Authority:
9. Awarded to:
Eversheds Sutherland (International) LLP
National ID: OC304065, One Wood Street, London, EC2V 7WS, United Kingdom
Tel. 000
Contact: Head of Financial Services, Attn: Head of Financial Services
Value Cost: 69,540
Is Awardee likely to subcontract?: No Awarded to SME?: No
10. Date of Contract Award: 28/03/2023
11. Number of Tenders Received: Not Provided
12. Other Information:
Other Information: To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=776751078
TKR-2023420-PRO-22587802
Suitable for VCO: Yes
Period of Work Start date: 29/03/2023
Period of Work End date: 29/06/2023