3.1 The government agrees with the Committee’s recommendation. Recommendation implemented 3.2 Suppliers bidding for CCS contracts are subject to robust financial checks as part of each framework procurement. CCS teams also then regularly monitor risk to suppliers and consider their resilience during the life of the contract, making use of media and market reports and other intelligence. Based on emerging information on Greensill Limited, CCS opened discussions with Taulia about identifying an alternative funder for Supplier Earlier Payment Solutions prior to Greensill Limited’s collapse and engaged with NHS Business Services Authority. CCS and the Cabinet Office Commercial Central teams have well-established links across the Government Commercial Function (GCF), to ensure robust information sharing on key suppliers. 3.3 In line with GCF recommended practice, the department classifies all contracts and suppliers using a tiering approach which assesses contracts as Bronze, Silver and Gold based on risk, value and criticality (for example, from low risk to high risk). This assessment of the contract determines the extent of mitigations to be put in place. The impact of a failure in service continuity on service users and the department must also be considered. 3.4 On the award of a contract, the frequency of checking on the financial health and viability of a supplier is driven by this contract risk tiering approach as well as the assessed risk of failure regarding a supplier. Where the department is contracting with strategic suppliers to the government as a whole, the relevant officials engage with the Markets and Suppliers team in the Cabinet Office, which provides the overall financial health checks for these suppliers. For other important suppliers to the department, commercial officials undertake the financial risk assessments throughout the contract life.