Published date: 3 June 2020

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


Closing: 5 May 2020

Contract summary

Industry

  • Financial consultancy services - 66171000

Location of contract

Any region

Value of contract

£105,000

Procurement reference

BIP498666515

Published date

3 June 2020

Closing date

5 May 2020

Contract start date

26 May 2020

Contract end date

26 November 2020

Contract type

Service contract

Procedure type

Not specified

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

Financial crime resources and SME to support its delivery of the Covid-19 funding schemes on behalf of HMG. This service is necessary to ensure the Customer's Risk and Compliance team has the additional capacity to deal with AML matters referred to it through the accreditation of new lenders and to expedite the resolution of complex and/or higher risk AML checks. In addition, it will directly benefit the 1LoD teams who are undertaking the AML checks through access to SME's on financial crime. The service is also required to enable the Customer to further strengthen its AML arrangements in response to Customer's continued expansion and the new requirement for the Customer's subsidiary companies BBI and BPC to register with the FCA under the Money Laundering Regulations.

More information

Links

Award information

Awarded date

5 May 2020

Contract start date

26 May 2020

Contract end date

26 November 2020

Total value of contract

£105,000

This contract was awarded to 1 supplier.

FSCOM LIMITED,

Address

Longbridge House
16 - 24 Waring Street
Belfast
BT1 2DX

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Procurement

Address

Steel City House
West Street
Sheffield
S1 2GQ
UK

Telephone

02039051462

Email

Procurement@british-business-bank.co.uk