What the buyer wrote
UK Asset Resolution Ltd (UKAR) is nearing completion of its objective of returning the UK taxpayers' investment in NRAM Ltd (NRAM) and Bradford and Bingley plc (B&B) to the private sector. One option is to sell the NRAM and B&B legal entities, leaving UKAR in public ownership. UKAR is therefore seeking to establish a single supplier contract to outsource all aspects of the running of its remaining business, with the exception of board and company secretarial functions. UKAR will be responsible for meeting contractual obligations to the buyer of B&B and NRAM, a range of liabilities relating to previous asset sales, sponsoring the legacy defined benefit pension schemes and administering …
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Awarded to
Details
- What the buyer calls it
- Project Saturn
- How they are buying
- The buyer did not say
- Type
- services
- Suitable for small firms
- The buyer says yes. What that is worth
- Work starts
- 29 Aug 2019
- Work ends
- 29 Aug 2030
- Kind of work
- Professional services
Who the buyer named
CCS London Managed Service Team was the named contact on this notice.