# GB-Sheffield: Calculation Agent for an ENABLE Guarantee

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

## Key facts

- Public buyer: [British Business Bank](/buyers/british-business-bank/contract-awards)
- Contract winner: Citibank NA
- Award value: £85,000
- Tender value: £85,000
- Award date: 20 October 2023
- Published: 7 November 2023
- Contract start: 26 October 2023
- Contract end: 30 September 2038
- Stage: awarded
- Procurement category: services
- Notice ID: 010e5ca1-2f34-4944-a643-c38e66156b5e-695882
- OCID: ocds-b5fd17-8f16c1c2-6a30-49c9-a7e7-cd6cdd70774e

## 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\.

## Related contract awards

- [GB-Sheffield: Non-Microsoft Licenses - RM6098](/contracts/ocds-b5fd17-d067e398-3aab-4597-b507-d55fbc9c023b): British Business Bank
- [GB-Sheffield: Controls Testing - RM6130 - Audit and Assurance Services Two \(A&AS2\)](/contracts/ocds-b5fd17-7c374ad2-adce-4fbd-b209-05e3be017a97): British Business Bank
- [GB-Sheffield: M&G Third Party Administration Support](/contracts/ocds-b5fd17-53c20686-804c-4d66-9758-8a09a64d169b): British Business Bank
- [GB-Sheffield: Calculation Agent for a Cambridge and Counties Bank \("CCB"\) ENABLE Guarantee](/contracts/ocds-b5fd17-395d33db-8df7-45a6-b7fb-81d1bd3305ff): British Business Bank
- [GB-Sheffield: Calculation Agent - Project Halloumi](/contracts/ocds-b5fd17-0b466cb5-d2b3-44e9-87c9-b2376f1c9391): British Business Bank
- [GB-Sheffield: Calculation Agent for DF Capital Bank Guarantee](/contracts/ocds-b5fd17-b78d50ec-c1ee-4be6-9aed-9e0c4d999f5b): British Business Bank

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/010e5ca1-2f34-4944-a643-c38e66156b5e-695882)