---
title: "Calculation Agent for an ENABLE Guarantee transaction"
ocid: "ocds-b5fd17-dd5680ee-a3ad-45b3-90ed-2c92f5f4571e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-dd5680ee-a3ad-45b3-90ed-2c92f5f4571e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-dd5680ee-a3ad-45b3-90ed-2c92f5f4571e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-dd5680ee-a3ad-45b3-90ed-2c92f5f4571e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BRITISH BUSINESS BANK"
published: "2023-09-28"
---

# Calculation Agent for an ENABLE Guarantee transaction

Buyer: BRITISH BUSINESS BANK  
Current stage: Award  
OCID: ocds-b5fd17-dd5680ee-a3ad-45b3-90ed-2c92f5f4571e

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-dd5680ee-a3ad-45b3-90ed-2c92f5f4571e)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-dd5680ee-a3ad-45b3-90ed-2c92f5f4571e.json)

## Summary

The British Business Bank has awarded a contract for the Calculation Agent for an ENABLE Guarantee transaction to Citibank, National Association. The contract is valued at £85,000 GBP and involves banking services. The procurement stage has been completed, with the tender period ending on 27th September 2023. The contract is scheduled to start on 10th October 2023 and end on 9th October 2038. The opportunity is based in Sheffield, UK, and is suitable for businesses providing services in the banking industry.

This contract awarded by the British Business Bank presents an opportunity for larger businesses specialising in banking services to develop their portfolio. Businesses with expertise in guarantee performance analytics, calculation of premia, and actions testing may find this tender particularly relevant. The contract offers a long-term commitment, running for 15 years, providing stability for the winning supplier, Citibank, National Association. Businesses interested in expanding their operations into the financial services sector should consider engaging with the British Business Bank for potential future opportunities.

## Notice

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

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2093d2c6-371d-4a5f-a1c7-cdf26c43d577 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 Sep 2023 |
| Submission deadline | 26 Sep 2023 |
| Future notice date | Not specified |
| Award date | 26 Sep 2023 |
| Contract period | 9 Oct 2023 - 9 Oct 2038 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £85,000 |
| Lots value | Not specified |
| Awards value | £85,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BRITISH BUSINESS BANK |
| Locality | SHEFFIELD |
| Post town | Sheffield |
| Postcode | S1 2GQ |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE3 South Yorkshire |
| ITL 3 | TLE32 Sheffield |
| Local authority | Sheffield |
| Electoral ward | City |
| Westminster constituency | Sheffield Central |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CITIBANK, NATIONAL ASSOCIATION |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 28 Sep 2023 at 08:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2093d2c6-371d-4a5f-a1c7-cdf26c43d577

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2093d2c6-371d-4a5f-a1c7-cdf26c43d577
  28th September 2023 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=812223610
  Please follow this link to view the notice.

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-dd5680ee-a3ad-45b3-90ed-2c92f5f4571e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-dd5680ee-a3ad-45b3-90ed-2c92f5f4571e.json.