Award

Loan Arranger

FSCS

This public procurement record has 1 release in its history.

Award

30 Nov 2016 at 14:35

Summary of the contracting process

The contract titled "Loan Arranger" was awarded by the Financial Services Compensation Scheme (FSCS) to manage the refinancing of its existing syndicated revolving credit facility. This procurement falls under the financial services industry, specifically within the category of loan brokerage services. The award was finalised on 1 November 2016, with the contract commencing on 1 December 2016 and running until 30 November 2019. The procurement method employed was an open procedure, with the total contract value set at £345,000. The delivery of services is expected to occur in London, United Kingdom.

This tender presents a significant opportunity for businesses specialising in financial and insurance services, particularly those with expertise in loan brokerage and treasury services. Organisations capable of providing strong financial management and coordination, especially those that can demonstrate a solid track record in managing large-scale credit facilities, would be well-suited to compete in similar contracts. Such opportunities can contribute to business growth and enhanced visibility within the financial services sector.

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Notice Title

Loan Arranger

Notice Description

2 contracts relating to FSCS' requirement for a combined coordination of the re-financing of FSCS's existing syndicated revolving credit facility have been awarded. The procurement also awarded the appointment of an agent bank to administer the facility.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2b54c047-f7d9-4a9b-8b63-a064bdd8b66e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/71b732c6-02ea-4705-928f-7543fd5cdd22
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66190000 - Loan brokerage services

66600000 - Treasury services

Notice Value(s)

Tender Value
£345,000 £100K-£500K
Lots Value
Not specified
Awards Value
£345,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Nov 20169 years ago
Submission Deadline
26 Aug 2016Expired
Future Notice Date
Not specified
Award Date
1 Nov 20169 years ago
Contract Period
1 Dec 2016 - 30 Nov 2019 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
FSCS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC3A 7QU
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London

Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
2
Supplier Names

BARCLAYS BANK

THE ROYAL BANK OF SCOTLAND

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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