# GB-Sheffield: Audit and Monitoring Services

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: British Business Bank Investments Limited
- Contract winner: Virtual Lease Services Ltd
- Award value: £150,000
- Tender value: £150,000
- Award date: 30 January 2017
- Published: 10 February 2017
- Contract start: 31 January 2017
- Contract end: 30 January 2019
- Stage: awarded
- Procurement category: services
- Notice ID: 0733d3cc-3345-4f8c-bf68-f3d1355d595d-129797
- OCID: ocds-b5fd17-12235c44-9e67-49b4-a27f-84b2b30ef0c0

## Description

British Business Bank Investments Limited \("BBBIL"\) wishes to select a supplier to provide Audit and Monitoring Services for a period of 12 months with the option to extend for a further 12 month period\. Further details are available via the Delta Portal\. BBBIL is the commercial subsidiary of British Business Bank plc, and has a separate board of directors to its parent\. Since it is funded and invests on a commercial basis, its remit allows it to invest flexibly both alongside private investors and as a sole investor, to increase the volume and diversity of finance available for smaller businesses\. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises \(SMEs\)\. However, any selection of tenderers will be based solely on the criteria set out for the procurement\.

## Related contract awards

- [GB-Sheffield: Block Discount Administrative Services](/contracts/ocds-b5fd17-e88de2ea-501b-4d37-a4fc-985343df0d54): British Business Bank
- [GB-Sheffield,: Provision of Back-up Servicer and Back Office Services to BBFSL - ENABLE](/contracts/ocds-b5fd17-b4e1d370-9516-4c1f-b100-6ce5de0febc1): British Business Bank

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/0733d3cc-3345-4f8c-bf68-f3d1355d595d-129797)