British Business Bank Plc: Audit and Block Management Services

  British Business Bank Plc has published this notice through Delta eSourcing

Notice Summary
Title: Audit and Block Management Services
Notice type: Additional Information / Corrigendum Notice
Authority: British Business Bank Plc
Nature of contract: Services
Procedure: Open
Short Description: This on-lending activity is facilitated using Block Discounting Agreements, Revolving Credit Facilities (including “Back to Back agreements”), Direct Lending Agreements and other bespoke debt instruments. To administer these products, BBI requires a suitably qualified organisation to Conduct audits of prospective investment counter parties to assess their operational suitability for financing facilities (including block discounting or other forms of receivables financing) and submitting comprehensive reports to British Business Investments (BBI) to support BBI’s normal internal due diligence and facility approval process.
Published: 10/11/2023 10:04

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UK-Sheffield: Financial auditing services.

Section I: Contracting authority/entity (as stated in the original notice)

I.1) Name and addresses
       British Business Bank
       Steel City House, West Street, Sheffield, S1 2GQ, United Kingdom
       Tel. +44 2039051462, Email: Procurement@british-business-bank.co.uk
       Main Address: http://british-business-bank.co.uk/, Address of the buyer profile: www.british-business-bank.co.uk
       NUTS Code: UK

Section II: Object (as stated in the original notice)

II.1) Scope of the procurement
   
   II.1.1) Title: Audit and Block Management Services      Reference number: BBI - P-2035      
   II.1.2) Main CPV code:
      79212100 - Financial auditing services.
   
   II.1.3) Type of contract: SERVICES   
   II.1.4) Short Description: This on-lending activity is facilitated using Block Discounting Agreements, Revolving Credit Facilities (including “Back to Back agreements”), Direct Lending Agreements and other bespoke debt instruments. To administer these products, BBI requires a suitably qualified organisation to Conduct audits of prospective investment counter parties to assess their operational suitability for financing facilities (including block discounting or other forms of receivables financing) and submitting comprehensive reports to British Business Investments (BBI) to support BBI’s normal internal due diligence and facility approval process.

Section VI: Complementary information

V1.5) Date of dispatch of this notice: 10/11/2023

VI.6) Original notice reference:

   Notice Reference:    2023 - 618160   
   Notice number in OJ S:    2023/S 000 - 032196
   Date of dispatch of the original notice: 31/10/2023

Section VII: Changes

VII.1) Information to be changed or added

      VII.1.1) Reason for change: Modification of original information submitted by the contracting authority    
      
      VII.1.2) Text to be corrected in original notice No: 1
                  
         Section Number: I.3          
         Lot No: Not provided          
         Place of text to be modified: I.3) Communication          
         Instead of: I.3) Communication The procurement documents are available for unrestricted and full direct access, free of charge, at: https://www.delta-esourcing.com/delta/buyers/select/viewListStatus.html?id=819968614 Additional information can be obtained from: the abovementioned address Tenders or requests to participate must be sent electronically via https://www.delta-esourcing.com/delta/buyers/select/viewListStatus.html?id=819968614 to the abovementioned address          
         Read: I.3) Communication The procurement documents are available for unrestricted and full direct access, free of charge, at: https://www.delta-esourcing.com/delta/buyers/select/viewListStatus.html?id=819968614 Access Code : 33HTCT34Z3 Additional information can be obtained from: the abovementioned address Tenders or requests to participate must be sent electronically via https://www.delta-esourcing.com/delta/buyers/select/viewListStatus.html?id=819968614 Access Code : 33HTCT34Z3 to the abovementioned address
                                    
   
VII.2) Other additional information: The notice has been updated to include an access code should suppliers have difficulty in accessing the opportunity; Access Code : 33HTCT34Z3
To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=822408227


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