Project Saturn

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 contractu...