British Business Bank Plc: GB-Sheffield: Calculation Agent for an ENABLE Guarantee

  British Business Bank Plc has published this notice through Delta eSourcing

Notice Summary
Title: GB-Sheffield: Calculation Agent for an ENABLE Guarantee
Notice type: Competitive Contract Award Notice
Authority: British Business Bank Plc
Nature of contract: Not applicable
Procedure: Not applicable
Short Description:
Published: 07/11/2023 14:54

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Competitive Contract Award Notice

1. Title: GB-Sheffield: Calculation Agent for an ENABLE Guarantee
2. Awarding Authority:
    British Business Bank
    Steel City House, Steel House, Sheffield, S1 2GQ, United Kingdom
    Tel. 02039051462, Email: Procurement@british-business-bank.co.uk, URL: https://www.british-business-bank.co.uk/
    Attn: Procurement
3. Contract Type: Services
      Sub Type: Financial services: Insurance services and Banking and investment services.

4. Description: Financial management consultancy services. 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
5. CPV Codes:
   79412000 - Financial management consultancy 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: GWS - C2057
9. Awarded to:

    Citibank NA
    25 Canada Square, Canary Wharf, London, E14 5LB, United Kingdom
    Tel. 0800005500, Email: Procurement@british-business-bank.co.uk, URL: http://british-business-bank.co.uk/
    Contact: md, Attn: md
Value Cost: 85,000
Is Awardee likely to subcontract?: No Awarded to SME?: No
10. Date of Contract Award: 20/10/2023
11. Number of Tenders Received: 1
12. Other Information:
Other Information: This is a direct award contract authrorised within BBB process for under threshold spend.
To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=817202179
TKR-2023117-PRO-24358024
Suitable for VCO: No
Period of Work Start date: 26/10/2023
Period of Work End date: 30/09/2038
   



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