Contracts FinderMulti-supplier agreement
Published 23 Feb 2024

Contracts Finder notice

Post Claims Assurance Services

Authority: British Business Bank

Open procedure
CPV: Auditing services (79212000)
Published panel value£7,646,710Shared across 2 suppliers; not a single purchase
Contract ends 31 Mar 2027
Contract starts 30 Nov 2023

What is being bought

Published requirement 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.

Published procurement details

Procedure
Open procedure
Buyer reference
BIP844843347
Category
Services
Tender status
Complete
Award status
Active
Suitable for SMEs
No
Suitable for voluntary, community and social enterprises
No
Tender deadline
Procurement method
Open
Item 1: Delivery locations as published
British Oversea Territories; Channel Islands; Europe; Isle of Man; Rest of the World; United Kingdom

Key dates

Published dates
  1. Award decision
    25 Aug 2023
  2. Contract starts
    30 Nov 2023
  3. Notice published
    23 Feb 2024
  4. Contract ends
    31 Mar 2027

Contracting authority & participating public bodies

  • British Business BankContracting authority Steel, West Street, Sheffield, S1 2GQ, UKContact email, phone

Suppliers named on the notice

  • RSM UK Risk Assurance Services LLPSupplier 6th Floor 25 Farringdon Street London EC4A 4AB
    Business size
    Large
  • KPMG LLPSupplier 15 Canada Square London E14 5GL
    Business size
    Large

Official documents & specifications (2)

Official links; attachments are not copied

Notices published for this procedure

Source record

Source
Contracts Finder
Notice language
en
Release reference
ocds-b5fd17-bc90d2c2-63ef-49bb-a129-8f1f39207e4b-2024-02-23T12:00:05Z
Published
23 Feb 2024
Latest update
23 Feb 2024
Procedure reference
ocds-b5fd17-bc90d2c2-63ef-49bb-a129-8f1f39207e4b
Contract reference
ocds-b5fd17-bc90d2c2-63ef-49bb-a129-8f1f39207e4b-1