Post Claims Assurance Services
A Contract Award Notice
by BRITISH BUSINESS BANK
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 4 year (est.)
- Value
- £8M
- Sector
- BUSINESS
- Published
- 23 Feb 2024
- Delivery
- To 23 Feb 2028 (est.)
- Deadline
- n/a
Concepts
Location
UNITED KINGDOM
2 buyers
- British Business Bank Sheffield
2 suppliers
- RSM UK Risk Assurance Services London
- KPMG London
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.
Total Quantity or Scope
Award was made to more than one supplier to manage any conflicts of interest held with the Lenders and to ensure suitable levels of capacity to deliver the services. The Contracts are for an initial term of 1 year and 7 months, with available extensions for a further 2 periods of 12 months.
Award Detail
| 1 | RSM UK Risk Assurance Services (London)
|
| 2 | KPMG (London)
|
Award Criteria
| Capability, Capacity and Continuous Improvement | 45.0 |
| Innovation | 15.0 |
| Social Value | 10.0 |
| Cost Model | 20.0 |
| Weighte | 10.0 |
CPV Codes
- 79212000 - Auditing services
Indicators
Other Information
To view this notice, please click here: <a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=844843347" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=844843347 GO Reference: GO-2024223-PRO-25357669
Reference
- FTS 005952-2024