Official UK procurement notice
Revolving Credit Facility · UK public procurement notice
Authority: Loughborough University (Education)
What is being bought
Published requirement descriptionThe University currently has a £50 million RCF that expires in January 2025. The RCF provides a source of short-term liquidity to manage the University's cash flow cycle. The University is committed to integrating sustainability practices into its operations and seeks a financing solution that incentivises further progress towards its sustainability goals.
CPV: Credit granting services
The lotProcurement structure
single lot · no lot value publishedLot #1
What it takes to wini
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 morei
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).
Published award criteria (2)
- Quality: 40
- Price: 60
- Price carries 60 of 100 points: a 10% discount moves about 6 points. This one is won on the number: sharpen the price before polishing the prose.
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
- Closed
- 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
- No (one-off requirement)
- First published
- 24 Apr 2024, 12:05 BST
- Last source update
- 24 Apr 2024, 12:05 BST
- Award evaluation window
- 31 May 2024 – …
- FTS notice number
2024/S 000-013281- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0454ceFind a Tender
Publisher note: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Loughborough:-Credit-granting-services./7376RDN4V8 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/7376RDN4V8 GO Reference: GO-2024424-PRO-25851583
How it was run
Official notice- Submission deadline
- 31 May 2024, 12:00 BST
- Submission channel
- {"written"}
- Accepted languages
- en
- Bids opened
- 31 May 2024, 12:00 BST
Timeline
24 Apr 2024 → 31 May 2024 · 3 dates- Notice published24 Apr 2024, 12:05 BST
- Submission deadline31 May 2024, 12:00 BST
- Bids opened31 May 2024, 12:00 BST
Contracting authority & participating public bodies
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria