Published date: 1 August 2019

Last edited date: 1 August 2019

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


Closing: 12 December 2017

Contract summary

Industry

  • Education and training services - 80000000

Location of contract

Any region

Value of contract

£0

Procurement reference

ITT 30263/02

Published date

1 August 2019

Closing date

12 December 2017

Contract start date

13 March 2018

Contract end date

23 August 2022

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

This will cover 3 related work streams critical to execution of the monetisation programme, starting with a second loan sale transaction:
1. Audit of the complex financial model used to forecast student loan cashflows, including:
a. an ongoing annual audit.
b. an additional audit each time a new sale transaction launch is planned. Current assumptions are that the monetisation programme will launch one transaction per year over the next 4-5 years.
2. Audit of the underlying loan pool data which the model relies upon each time a new transaction is planned.
3. Audit of the transaction prospectus: a tick and tie of numbers from the model and loan pool with relevant values in the transaction prospectus each time a new transaction is planned.

More information

Attachments

Award information

Awarded date

1 March 2018

Contract start date

13 March 2018

Contract end date

23 August 2021

Total value of contract

£350,000

This contract was awarded to 1 supplier.

Hogon Lovells International LLP

Address

Atlantic House
Holborn Viaduct
London
EC1A 2FG

Reference

None

Value of contract

£0

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Department for Education
Sanctuary Buildings
London
SW1P 3BT
England

Email

Sourcing.HELP@education.gov.uk