Published date: 23 February 2024

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


Closing: 25 August 2023, 12am

Contract summary

Industry

  • Auditing services - 79212000

Location of contract

Any region

Value of contract

£7,646,710

Procurement reference

BIP844843347

Published date

23 February 2024

Closing date

25 August 2023

Closing time

12am

Contract start date

30 November 2023

Contract end date

31 March 2027

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

British Business Bank (BBB) undertook a mini competition utilising the Crown Commercial Services (CCS) RM6188 Audit & Assurance Services Framework - Lot 2 External Audit. This was for the delivery of Post Claims Assurance (PCA) Services. PCA will aim to provide assurance that Lenders have claimed in line with the Guarantee Agreement (GA), and/or add to the evidence base, to allow challenge and potential offset or reimbursement of incorrectly made claims. The PCA project will develop a systematic risk-based process to identify a population of claims settled by Department for Business and Trade (DBT) under the terms of the GA.

More information

Links

Award information

Awarded date

25 August 2023

Contract start date

30 November 2023

Contract end date

31 March 2027

Total value of contract

£7,646,710

This contract was awarded to 2 suppliers.

RSM UK Risk Assurance Services LLP

Address

6th Floor
25 Farringdon Street
London
EC4A 4AB

Reference

None

Supplier is SME?

No

KPMG LLP

Address

15 Canada Square
London
E14 5GL

Reference

None

Supplier is SME?

No

About the buyer

Address

Steel
West Street
Sheffield
S1 2GQ
UK

Telephone

+441142062131

Email

procurement@british-business-bank.co.uk