Published date: 7 November 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 20 October 2023, 12am

Contract summary

Industry

  • Financial management consultancy services - 79412000

Location of contract

Any region

Value of contract

£85,000

Procurement reference

BIP817202179

Published date

7 November 2023

Closing date

20 October 2023

Closing time

12am

Contract start date

26 October 2023

Contract end date

30 September 2038

Contract type

Service contract

Procedure type

Not specified

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

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

More information

Links

Additional text

This is a direct award contract authrorised within BBB process for under threshold spend.

Award information

Awarded date

20 October 2023

Contract start date

26 October 2023

Contract end date

30 September 2038

Total value of contract

£85,000

This contract was awarded to 1 supplier.

Citibank NA

Address

25 Canada Square
Canary Wharf
London
E14 5LB

Reference

None

Supplier is SME?

No

About the buyer

Contact name

Procurement

Address

Steel City House
Steel House
Sheffield
S1 2GQ
UK

Telephone

02039051462

Email

Procurement@british-business-bank.co.uk