RFP QuestBeta
Awarded · ResultStage · contract

British Business Bank

GB-Sheffield: Calculation Agent for an ENABLE Guarantee

Business ServicesCPV 79000000 79400000 79410000
Value£85,000
Awarded19 Oct 2023
Published7 Nov 2023
RegionUK-wide

£85,000 — awarded.

Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£85ktotal contract value
median £66k
this tender£0£1.6m

This sits in the upper-middle of the Business Services band — a substantial contract for the sector. Based on 57,319 valued Business Services tenders in our corpus.

The brief

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

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Source & provenance
OCID
010e5ca1-2f34-4944-a643-c38e66156b5e
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
BIP817202179
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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