Contracts FinderAwarded contract
Published 6 Apr 2023

Contracts Finder notice

GB-Sheffield: Calculation Agent - Project Halloumi

Authority: British Business Bank

Not specified
CPV: Banking and investment services (66100000)
Published contract value£51,000Exc. VAT
Contract ends 15 Mar 2028
Awarded to Citibank NA
Contract starts 15 Mar 2023

What is being bought

Published requirement description

BEIS guarantee a portfolio of loans originated by

Cynergy Bank, in return for a fee. A

calculation agent, ensuring probity and confirming

amounts due to either party.

Additional information: The contract will run until the end of the Guarantee period expected to be five years

Published procurement details

Procedure
Not specified
Buyer reference
BIP774065522
Category
Services
Tender status
Complete
Award status
Active
Suitable for SMEs
No
Suitable for voluntary, community and social enterprises
No
Tender deadline
Additional classifications 1: Reference
66120000
Additional classifications 1: Scheme
CPV
Additional classifications 1: Description
Investment banking services and related services
Additional classifications 2: Reference
66110000
Additional classifications 2: Scheme
CPV
Additional classifications 2: Description
Banking services
Item 1: Delivery locations as published
Yorkshire and the Humber, United Kingdom

Key dates

Published dates
  1. Award decision
    14 Mar 2023
  2. Contract starts
    15 Mar 2023
  3. Notice published
    6 Apr 2023
  4. Contract ends
    15 Mar 2028

Contracting authority & participating public bodies

  • British Business BankContracting authority Steel City House, Steel House, Sheffield, S1 2GQ, UKContact name, email, phone

Suppliers named on the notice

  • Citibank NASupplier 25 Canada Square Canary Wharf London E14 5LB
    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-b5fd17-0b466cb5-d2b3-44e9-87c9-b2376f1c9391-2023-04-06T15:15:03+01:00
Published
6 Apr 2023
Latest update
6 Apr 2023
Procedure reference
ocds-b5fd17-0b466cb5-d2b3-44e9-87c9-b2376f1c9391
Contract reference
ocds-b5fd17-0b466cb5-d2b3-44e9-87c9-b2376f1c9391-1