Notice Information
Notice Title
GB-Sheffield: Fraud & Financial Crimes Enhanced Due Diligence Review
Notice Description
British Business Bank as the Contract Authority awarded a 3 month Contract to the Supplier Eversheds Sutherland (International) LLP for the provision of Quality Control and Enhanced Due Diligence Reviews in relation to the Future Fund (FF) portfolio. The services required are the performance of Quality Control (QC) including but not limited to, checking and identifying areas of concern and advise on what Enhanced Due Diligence (EDD) is required where high risk factors have been identified. The EDD conducted will be to a standard that enables FF to meet its obligations to understand the nature and purpose of the business relationship with the investee company under the Regulation 28 of the MLRs and JMLSG 5.1.5 obligations, namely mandatory CDD checks requiring sufficient detail to assess the potential associated money laundering or terrorist financing risk. The Contractors review will include identification of potential fraud and financial crime risks and provide a recommendation of potential mitigants to minimise the risks identified. The total value for the 3 month contract shall be PS69,540.00
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-b5fd17-920f10ca-75db-4b3a-9b4e-f8f6eb26d26a
- Publication Source
- Contracts Finder
- Latest Notice
- https://www.contractsfinder.service.gov.uk/Notice/5d8ab240-4cc3-4097-a684-c1b349870bf5
- Current Stage
- Award
- All Stages
- Award
Procurement Classification
- Notice Type
- Award Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Not Specified
- Procurement Method Details
- Not specified
- Tender Suitability
- VCSE
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
79 - Business services: law, marketing, consulting, recruitment, printing and security
-
- CPV Codes
79212100 - Financial auditing services
Notice Value(s)
- Tender Value
- £69,540 Under £100K
- Lots Value
- Not specified
- Awards Value
- £69,540 Under £100K
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 20 Apr 20232 years ago
- Submission Deadline
- 27 Mar 2023Expired
- Future Notice Date
- Not specified
- Award Date
- 27 Mar 20232 years ago
- Contract Period
- 28 Mar 2023 - 29 Jun 2023 1-6 months
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Not Specified
- Awards Status
- Active
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- BRITISH BUSINESS BANK
- Contact Name
- Senior Commercial Manager
- Contact Email
- leila.hodson@british-business-bank.co.uk
- Contact Phone
- 01142062134
Buyer Location
- Locality
- SHEFFIELD
- Postcode
- S1 2GQ
- Post Town
- Sheffield
- Country
- England
-
- Major Region (ITL 1)
- TLE Yorkshire and The Humber
- Basic Region (ITL 2)
- TLE3 South Yorkshire
- Small Region (ITL 3)
- TLE32 Sheffield
- Delivery Location
- Not specified
-
- Local Authority
- Sheffield
- Electoral Ward
- City
- Westminster Constituency
- Sheffield Central
Further Information
Notice Documents
-
https://www.contractsfinder.service.gov.uk/Notice/5d8ab240-4cc3-4097-a684-c1b349870bf5
20th April 2023 - Awarded contract notice on Contracts Finder -
https://www.delta-esourcing.com/delta/respondToList.html?noticeId=776751078
Please follow this link to view the notice.
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.
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