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One or more suppliers on this contract have also made political donations. See supplier details below.
British Business Financial Services Ltd (BBFS Ltd), an owned subsidiary of BBB, manage the debt schemes on behalf of the Secretary of State for DBT. BBB sets the policy for the schemes, manages performance, sets Annual Lending Limits for individual Lenders, manages day-to-day operations and monitors each Lender's use of the schemes. BBB works with accredited Lenders to manage scheme performance and to raise awareness of the schemes.
Auditors are required, through the Delivery Partner (DP) Assurance Programme, to provide assurance to BBB that the participating Lender is correctly and effectively administering the scheme in line with the guarantee agreements and, where applicable, the side letters and Lending Limit Letters.⯠In addition, the auditors oversee corrective action plans implemented (where required) by the Lender and provide BBB with Management Information to support BBB's supervision of the schemes.
The Lender Assurance and Insights (LA&I) team, within the Small Business Lending function, administers the Assurance Programme. The Lender Audit and Assurance Forum (LAAF) oversees this activity, reporting to the Lender Performance Strategic Committee (LPSC) and Investment Committee (IC), as required.
Additional information: This Procurement was done via competition using the CCS RM6188 A&AS Framework Lot 2 - External audit
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| Ernst & Young LLP | OC300001 | ~£4,438,800 estimated from lot values | DONOR£493K across 25 donations To: Labour Party, Conservative and Unionist Party LOBBYIST FGS Global (UK) Limited (11 quarters) Bradshaw Advisory Ltd (3 quarters) Policy Connect Limited (1 quarter) |
| KPMG LLP | OC301540 | ~£4,438,800 estimated from lot values | DONOR£1.98M across 117 donations To: Conservative and Unionist Party, Labour Party, Liberal Democrats FORMER MP Mr Charles Clarke— Employment and earnings (former) Sir Oliver Letwin— Donations and other support (including loans) for activities as an MP (former) Mr Stephen Dorrell— Employment and earnings (former) |
| RSM UK Risk Assurance Services LLP | OC389499 | ~£4,438,800 estimated from lot values | - |
Government spending data: These suppliers have received £1,765,564,902 in 23,822 payments (over £25k) from Department for Transport, Ministry of Defence, NHS England, Metropolitan Police, HMRC and 97 more public bodies (2010-04-01 to 2026-08-27).