# Calculation Agent for an ENABLE Guarantee transaction

> 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, National Association
- Award value: £85,000
- Tender value: £85,000
- Award date: 27 September 2023
- Published: 28 September 2023
- Contract start: 10 October 2023
- Contract end: 9 October 2038
- Stage: awarded
- Procurement category: services
- Notice ID: 2093d2c6-371d-4a5f-a1c7-cdf26c43d577-684233
- OCID: ocds-b5fd17-dd5680ee-a3ad-45b3-90ed-2c92f5f4571e

## Description

The Agency Services Provider will perform the functions outlined below\. 1\.Performance and analytics of synthetic securitisation transactions a\.Typically quarterly performance reporting including reporting any reporting required under the Securitisation Regulation b\.Annual discretionary review of the systems and processes which ensure business continuity by minimizing risks while providing compliance with legal and statutory requirements c\.Guarantee performance analytics d\.Calculation of premia 2\.Actions testing a\.Suitability testing for replenishments based on data fields in the dataset b\.Checking eligibility of the guarantee assets c\.Communicating guarantee claims to the British Business Bank payment unit

## 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

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/2093d2c6-371d-4a5f-a1c7-cdf26c43d577-684233)