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GB-Sheffield: Calculation Agent for a Cambridge and Counties Bank ("CCB") ENABLE Guarantee

British Business Bank

Awarded
services

This tender has closed

The submission deadline for this contract has passed. There may be more active services tenders from British Business Bank, and hundreds more across the UK public sector.

Key details

Contracting authority
Region
Yorkshire and the Humber
Delivery: Yorkshire and the Humber, United Kingdom
Contract value
£56,000ex VAT
Submissions closed
15 March 2023
Published
6 April 2023

Procurement

Contract period
16 March 2023 - 30 September 2028
6 years
Procedure type
Not specified
CPV classifications
  • 66120000 Investment banking services and related services
  • 66110000 Banking services
  • 66100000 Banking and investment services

What happened

British Business Bank awarded this contract to Citibank NA worth £56,000 on 15 Mar 2023. The contract runs until 30 Sept 2028.

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 and a half years

Awarded supplier

Supplier
Citibank NA
Award value
£56,000
Award date
15 March 2023

Contact

Address
Steel City House, Steel House, Sheffield, S1 2GQ
Contact name
Procurement

Identifiers

Buyer reference
BIP774066622
Notice ID
673aa7f9-a06f-481d-a92c-a92d57313a82-633088
OCID
ocds-b5fd17-395d33db-8df7-45a6-b7fb-81d1bd3305ff

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External ID: cf-ocds-b5fd17-395d33db-8df7-45a6-b7fb-81d1bd3305ff • Added 4 October 2026