Audit and Assurance Services for the Income Contingent Repayment Student Loan Monetisation Programme
The value below is a framework or dynamic market ceiling: the maximum
that could be spent across all call-offs, not the value of a single contract.
Aggregate figures on this site exclude these to avoid double counting.
key details
| Status | complete |
|---|---|
| Category (CPV) | 80000000 |
| Deadline | 12 Dec 2017 |
| Contract start | 13 Mar 2018 |
| Contract end | 23 Aug 2022 |
| Procedure | selective |
| SME suitable | Yes |
| OCID | ocds-b5fd17-925e2c3f-5761-45cf-a969-b747aa861026 |
Awards (2)
This procurement was awarded to 2 suppliers. Values shown are per-award; the notice total is ·.
| Supplier | Value | Date | Status |
|---|---|---|---|
| Ernst and Young LLP | £0 | 1 Mar 2018 | active |
| Hogon Lovells International LLP | £0 | 1 Mar 2018 | active |
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.
notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 1 Aug 2019 | Award update (awardUpdate) | · | 1dbf5504-b22c-47bc-890c-12319e1fdcf3-289694 |
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source
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