GB-Sheffield: Calculation Agent for an ENABLE Guarantee
British Business Bank
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Key details
Procurement
- 79412000 Financial management consultancy services
What happened
British Business Bank awarded this contract to Citibank NA worth £85,000 on 20 Oct 2023. The contract runs until 30 Sept 2038.
Description
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
Additional information: This is a direct award contract authrorised within BBB process for under threshold spend.
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External ID: cf-ocds-b5fd17-8f16c1c2-6a30-49c9-a7e7-cd6cdd70774e • Added 4 October 2026