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Awarded contract
Published 13 Nov 2024

Controls Audit for Income Contingent Repayment Loans

Department for Education · London

Key facts

Contract value
£450,000
Awarded
15 Oct 2024
Contract starts
01 Dec 2024
Contract ends
30 Nov 2027
Procedure
Call-off from a framework agreement (framework)
Buyer type
Central government

Awarded to

SupplierValue
RSM Risk Assurance Services LLP£450,000

Description

Following the 2008 Sale of Student Loans Act, the Secretary of State for Education assumed the responsibilities of Master Servicer for the sold loans agreements, and is therefore responsible for sourcing a range of audits to ensure compliance. This is the Department's contract award notice for the re-procurement of a ISAE 3402 Controls Audit, for the Income Contingent Repayment Loans.

This agreement will last from 1st December 2024 until 30th November 2027, with the option for the Department to pursue an extension for an additional year, if deemed appropriate. This contract was competed via the Crown Commercial Service's Audit & Assurance Services (A&AS) framework (RM6188), Lot 4: Other Independent Assurance.

Categories (CPV)

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