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Tenfell
Awarded contract
Published 23 Feb 2024

Post Claims Assurance Services

British Business Bank · United Kingdom

Key facts

Contract value
£7,646,710
Awarded
24 Aug 2023
Contract starts
30 Nov 2023
Contract ends
31 Mar 2027
Procedure
Open procedure
Buyer type
Central government

Awarded to 2 suppliers

SupplierValue
KPMG LLP£7,646,710
RSM Risk Assurance Services LLP£7,646,710

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.

Categories (CPV)

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