TenderlineUK
Procurement Intelligence
Search
Find a TenderClosed
Published 15 May 2021, 09:24 BST

Official UK procurement notice

Loan Arranger Services · UK public procurement notice

Official notice

Authority: Financial Services Compensation Scheme (Public body)

Framework agreement2 lotsServicesOpen procedure
Sectors: Financial and insurance services (66) Delivery: London (UKI4)
Framework ceiling (notional)£460,000total for 2 lots · framework ceiling, not attributable revenue
Submissions closed 15 Jun 2021
Lots 2see the lot list below

What is being bought2 lots · detail below

Published requirement description

FSCS is seeking to appoint under the Loan Arranger Services Framework agreement, a) a single service provider for the co-ordination of the refinancing of FSCS’s existing £1.45bn syndicated revolving credit facility, as may be amended from time to time (Lot 1) and, b) a single service provider for the co-ordination of the refinancing of FSCS’s existing £1.45bn syndicated revolving credit facility, as may be amended from time to time, with Agent bank responsibilities to administer the facility (Lot 2).

FSCS is seeking to award the Framework to suppliers for the services for the period of three years, with a potential to extend for one additional year.

  • Recurrence: May 2025

CPV: Banking and investment services

Lots and requirements (2)Procurement structure

2 lots · all with a published value
Lot #1Revolving credit facility Mandated Lead ArrangerRenewalPublished value£200,000

Co-ordination of the re-financing of FSCS’s existing £1.45bn syndicated revolving credit facility, as may be amended from time to time. Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/respond/74C88J9H9K ↗

Delivery: London · Inner London – East
Extensions: FSCS may extend the contract by up to 12 months (maximum term 4 years)Variant bids: not allowedElectronic catalogue: required
66100000 Banking and investment services
Lot #2Revolving credit facility Mandated Lead Arranger and Agent BankRenewalPublished value£260,000

Co-ordination of the re-financing of FSCS’s existing £1.45bn syndicated revolving credit facility, as may be amended from time to time with Agent bank responsibilities to administer the facility. Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/respond/74C88J9H9K ↗

Delivery: London · Inner London – East
Extensions: FSCS may extend the contract by up to 12 months (maximum term of 4 years).Variant bids: not allowedElectronic catalogue: required
66100000 Banking and investment services

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
Conditions of participation4
  • Suitability

    Details are set out in the Invitation To Tender (ITT).

  • Economic & financial standing

    Details are set out in the Invitation To Tender (ITT).

    Minimum: Credit rating for long-term unsecured and non credit-enhanced debt of at least BBB (Standard & Poor’s and/or Fitch) or Baa2 (Moody’s).
  • Technical & professional ability

    Details are set out in the Invitation To Tender (ITT).

  • Technical & professional ability

    Duly regulated credit institution

What this means for your bid
  • “Loan Arranger Services” is a framework: the contest is a place on its panel, not a single contract.

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
Closed
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Framework agreement
Who may use this agreement
Not stated in the notice; call-off rights may be limited to the establishing authority
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Yes · May 2025
First published
15 May 2021, 09:24 BST
Last source update
15 May 2021, 09:24 BST
Award evaluation window
15 Jun 2021 – …
Authority reference
FSCS380
FTS notice number
2021/S 000-010778
Classification (CPV)
Banking and investment services
Delivery area
London (UKI4)
Official registry OCID
ocds-h6vhtk-02b18b Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering

Publisher note: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Banking-and-investment-services./74C88J9H9K To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/74C88J9H9K GO Reference: GO-2021514-PRO-18248905

How it was run

Official notice
Appointment period ends
15 Jun 2021, 14:00 BST
Submission channel
{"written"}
Accepted languages
en
Bid validity
180 days from the deadline
Bids opened
15 Jun 2021, 14:00 BST

Timeline

15 May 2021 → 15 Jun 2021 · 3 dates
  1. Notice published
    15 May 2021, 09:24 BST
  2. Admission / appointment period endsperiod end, not a bid countdown
    15 Jun 2021, 14:00 BST
  3. Bids opened
    15 Jun 2021, 14:00 BST

Contracting authority & participating public bodies

Financial Services Compensation Scheme

Contracting authorityPublic bodyBody governed by public lawEconomic affairs Beaufort House, 15 St. Botolph Street, London, London, EC3A 7QUContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • The Royal Court of JusticeMediation bodyReview body LondonContact email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.