British Business Bank · Awarded contract

Awarded

Provision of Covid Scheme Lender Audit & Assurance Services to British Business Bank

Awarded 31 Mar 2024

View live tenders

Awarded31 Mar 2024

Value£4,438,800.00

SupplierRSM UK Risk Assurance Services LLP,KPMG LLP,Ernst & Young LLP

AgencyBritish Business Bank

RegionUnited Kingdom

CategoryConsultancy & Legal

Expires in 1y 5mo4y term, 65% elapsed

Awarded 31 Mar 2024Expires 30 Mar 2028

About

British Business Bank awarded a contract to RSM UK Risk Assurance Services LLP, KPMG LLP, and Ernst & Young LLP for audit and assurance services under the Delivery Partner Assurance Programme.

The auditors provide assurance that participating lenders are correctly and effectively administering Covid debt schemes in line with guarantee agreements, side letters, and Lending Limit Letters.

They also oversee corrective action plans implemented by lenders and provide management information to support the Bank's supervision of the schemes.

The contract value is AUD 4,438,800.

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