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Following the 2008 Sale of Student Loans Act, the Secretary of State for Education assumed the responsibilities of Master Servicer for the sold loans agreements, and is therefore responsible for sourcing a range of audits to ensure compliance. This is the Department's contract award notice for the re-procurement of a ISAE 3402 Controls Audit, for the Income Contingent Repayment Loans.
This agreement will last from 1st December 2024 until 30th November 2027, with the option for the Department to pursue an extension for an additional year, if deemed appropriate. This contract was competed via the Crown Commercial Service's Audit & Assurance Services (A&AS) framework (RM6188), Lot 4: Other Independent Assurance.
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| RSM UK Risk Assurance Services LLP | OC389499 | £450,000 | - |
Government spending data: This supplier has received £9,183,785 in 413 payments (over £25k) from HM Treasury, Department for Education, ONS, FCDO, Metropolitan Police and 25 more public bodies (2014-08-20 to 2026-04-28). View full payment history →