Find a TenderAwarded
Published 16 Nov 2022, 08:48 GMT

Official UK procurement notice

Investment in Charitable Bonds

Official notice

Authority: Scottish Government (Central government)

ServicesOpen procedure
Awarded value£2,362,500published contract · exc. VAT
Awarded 4 Oct 2022
Awarded to Allia C&C Ltd

What is being bought

Published requirement description

The Scottish Government (SG) is committed to supporting the third sector in Scotland. The third sector has a direct impact on the growth of Scotland's economy, the wellbeing of its citizens and the improvement of its public services.

The supply of affordable housing as set out in the Housing to 2040 Strategy is a high priority for the SG and Charitable Bonds contribute to the Affordable Housing Supply Programme through both the provision of loan finance to Regional Social Landlords (RSLs) and the distribution of Charitable Donations.

CPV: Administration services · Financial markets administration services · Loan brokerage services

The lotProcurement structure

single lot · no lot value published
Lot #1The successful Contractor will issue and promote limited recourse bonds open for…Awarded

The successful Contractor will issue and promote limited recourse bonds open for investment by Scottish Ministers., Upon the Bonds’ maturing (following a fixed term of between five and fifteen years), Subscribers will receive back their full investment plus a rate of return.

The Bonds will allow Subscribers to receive a rate of return on the amount they invest in the Bonds, the rate of return being expressed as total gross interest to be paid on maturity of the Bonds. .

A proportion of the money which the SG Invests in the Bonds will be used by the Contractor to fund one or more loans, at a commercial fixed rate of interest (and subject to a single repayment with compound interest over a period matching the term of the bond), to eligible Registered Social Landlords for the purposes of supporting the development of affordable housing in Scotland.

Delivery: UK · Scotland

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 100Price: 30
Published sub-criteria (10)
  • Service Delivery and Approach: 30
  • Skills and Experience: 25
  • Robustness of Organisation and Investment: 15
  • Contract Management: 5
  • Climate Emergency: 5
  • Community Benefits: 5
  • Fair Work First: 5
  • Cyber and Data Security: 5
  • Business Continuity and Disaster Recovery: 5
  • price: 30
Published award criteria (10)
  • Service Delivery and Approach: 30
  • Skills and Experience: 25
  • Robustness of Organisation and Investment: 15
  • Contract Management: 5
  • Climate Emergency: 5
  • Community Benefits: 5
  • Fair Work First: 5
  • Cyber and Data Security: 5
  • Business Continuity and Disaster Recovery: 5
  • Price: 30
What this means for your bid
  • Price carries 30 of 130 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Unspecified in notice
First published
16 Nov 2022, 08:48 GMT
Last source update
16 Nov 2022, 08:48 GMT
Authority reference
Case 593564
FTS notice number
2022/S 000-032451
Classification (CPV)
Administration servicesFinancial markets administration servicesLoan brokerage services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-0384cd Find a Tender

Publisher note: (SC Ref:710035)

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £2,362,5001 contract exc. VAT
Bids received 2
Contracts signed 1latest 4 Oct 2022
Awarded toValueDateStatus
Allia C&C Ltd£2,362,500 †—Awarded

Contracts

  • Contract 032451-2022-1 · Allia C&C Ltd

    Signed
    4 Oct 2022
    Value
    £2,362,500
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids · 2 electronic · 2 from abroad0——

Contracting authority & participating public bodies

Scottish Government

Contracting authorityCentral GovernmentMinistry or any other national or federal authority, including their regional or local subdivisionsGeneral public services 4 Atlantic Quay, 70 York St, Glasgow, Scotland, G2 8EAContact name, email, phone

Dispute resolution & review bodies

  • Sheriff Court HouseReview body Edinburgh

Bidders & participating suppliers

1 commercial party on the notice
  • Allia C&CAwarded supplier 7 Buchanan Street, Glasgow, UK, G1 3HLContact phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.