Award

British Council Loan Consultancy

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 1 release in its history.

Award

20 Aug 2021 at 14:06

Summary of the contracting process

The Foreign Commonwealth and Development Office has completed a tender for "British Council Loan Consultancy," which falls under the industry category of Financial Consultancy Services. This procurement was conducted through a selective method, with the contract value set at £51,517. The contract period spans from 16th November 2020 to 30th June 2021. The procurement process officially ended on 16th October 2020, and the contract was awarded on 13th November 2020, with the details published on 20th August 2021. The relevant delivery location for this contract is London, United Kingdom.

This tender presents significant opportunities for consultancy and financial service providers that specialise in structuring loans and ensuring compliance with state aid regulations. Businesses well-suited to compete include financial consultants, investment firms, and companies with experience in public sector financing. By engaging in such contracts, these companies can expand their client base and enhance their expertise in government-related finance solutions.

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Notice Title

British Council Loan Consultancy

Notice Description

Providing advice on the terms and conditions at which a loan can be made by the FCDO to the British Council, which are commercially comparable and state aid compliant. This will include how the loan needs to be structured and conditioned to meet terms that a private investor would provide.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3ec8b3af-eabd-41e0-a4fb-bbae11cd82b4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9697b223-1ee8-4c3b-81dd-f8160082d6d5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£51,517 Under £100K
Lots Value
Not specified
Awards Value
£51,517 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Aug 20214 years ago
Submission Deadline
16 Oct 2020Expired
Future Notice Date
Not specified
Award Date
13 Nov 20205 years ago
Contract Period
16 Nov 2020 - 30 Jun 2021 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE
Contact Name
Not specified
Contact Email
cpg.enquiries@fco.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2AH
Post Town
South West 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
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST & YOUNG

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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