Skip to main content

Government Property Agency: Financial Services

Question for Cabinet Office

UIN 7860, tabled on 26 May 2021

To ask the Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office, whether the Government Property Agency will in future, as part of its due diligence checks on facility management companies it wishes to contract with, assess whether they have financial links with supply chain financing providers.

Answered on

7 June 2021

The Government Property Agency has not asked our facilities management suppliers whether they have, or have had, any financial links to Greensill Capital or another supply chain financing provider.

GPA's principal suppliers are government strategic suppliers; the Cabinet Office Market and Suppliers team closely monitors the financial health of these strategic suppliers and has regular discussions with their management.

GPA procurement processes are aligned with legal and commercial policy requirements. At the moment, there is no requirement to specifically enquire about company links with supply chain financing providers as part of due diligence.

Answered by

Cabinet Office
Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.
Interests declared
The Member has declared that they have interests which may be relevant to the subject matter of this question.