Award

Procurement for the New UK Sovereign Sukuk - Appointment of Structuring Bank(s)

HM TREASURY : HM TREASURY

This public procurement record has 7 releases in its history.

AwardUpdate

20 Nov 2019 at 09:45

AwardUpdate

19 Nov 2019 at 14:20

AwardUpdate

19 Nov 2019 at 13:08

AwardUpdate

19 Nov 2019 at 13:05

AwardUpdate

19 Nov 2019 at 13:03

AwardUpdate

18 Nov 2019 at 14:17

Award

18 Nov 2019 at 14:10

Summary of the contracting process

The HM Treasury has completed the procurement process for the "Procurement for the New UK Sovereign Sukuk - Appointment of Structuring Bank(s)", which falls under the category of Treasury services. This engagement is set in Liverpool, England, and is part of an open procedure procurement method. The tender period ended on 3rd October 2019, with the contract commencing on 1st November 2019 and concluding on 30th April 2020. The awarded contract involves a value of £365,001 and has been assigned to HSBC BANK PLC.

This procurement presents substantial opportunities for businesses well-versed in financial services, particularly those specialising in Islamic finance or structured banking solutions. Competitors should ideally include large financial institutions and banks that can meet the specific requirements for issuing Sukuk (Islamic Bonds). Engaging in such tenders can enhance visibility and showcase expertise in niche financial markets, potentially leading to further contracts within the public sector.

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Notice Title

Procurement for the New UK Sovereign Sukuk - Appointment of Structuring Bank(s)

Notice Description

Requirement is the issue of a Sukuk (Islamic Bond).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8e9fe665-9e3d-4b92-b9b2-3826530f55d1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bf81948a-41f8-4196-9a76-4e9fad061585
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 (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66600000 - Treasury services

Notice Value(s)

Tender Value
£365,001 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Nov 20196 years ago
Submission Deadline
3 Oct 2019Expired
Future Notice Date
Not specified
Award Date
31 Oct 20196 years ago
Contract Period
1 Nov 2019 - 30 Apr 2020 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
HM TREASURY : HM TREASURY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified

Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

HSBC BANK

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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