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Contract award record

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

Notice details

Published
Category
services
Buyer region
London

Public buyer and contract winner

awarded to

Contract winner

Ernst and Young LLP

Award value£0

  1. Awarded
    Completed
  2. Start
    Completed
  3. End
    Completed

Work 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 awards

Source: Contracts Finder · Notice 1dbf5504-b22c-47bc-890c-12319e1fdcf3-284258

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