# Audit and Assurance Services for the Income Contingent Repayment Student Loan Monetisation Programme

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

## Key facts

- Public buyer: [Department For Education](/buyers/department-for-education/contract-awards)
- Contract winner: Hogon Lovells International LLP
- Award value: £0
- Award date: 1 March 2018
- Published: 1 August 2019
- Contract start: 13 March 2018
- Contract end: 23 August 2021
- Stage: awarded
- Procurement category: services
- Notice ID: 1dbf5504-b22c-47bc-890c-12319e1fdcf3-289694
- OCID: ocds-b5fd17-925e2c3f-5761-45cf-a969-b747aa861026

## Description

This will cover 3 related work streams critical to execution of the monetisation programme, starting with a second loan sale transaction: 1\. Audit of the complex financial model used to forecast student loan cashflows, including: a\. an ongoing annual audit\. b\. an additional audit each time a new sale transaction launch is planned\. Current assumptions are that the monetisation programme will launch one transaction per year over the next 4-5 years\. 2\. Audit of the underlying loan pool data which the model relies upon each time a new transaction is planned\. 3\. Audit of the transaction prospectus: a tick and tie of numbers from the model and loan pool with relevant values in the transaction prospectus each time a new transaction is planned\.

## Related contract awards

- [Call-off Contract for the November 2026 cohort of the National Professional Qualifications \(NPQs\)](/contracts/ocds-b5fd17-ce0d651b-c3d5-481d-ad4d-3f5dc8bbd35e): Department for Education
- [Contract Award Notice Independent review into 2DP fire and structural safety](/contracts/ocds-b5fd17-5297e4b5-9ab5-4948-95c5-119730f371ef): Department for Education
- [Inclusion Bases: exploring evidence of impact and models\.](/contracts/ocds-b5fd17-76dee6b0-7bcc-49cd-b784-34d2192c05a4): Department for Education

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/1dbf5504-b22c-47bc-890c-12319e1fdcf3-289694)