Tender

Green Impact Lending Alliance

HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY)

This public procurement record has 1 release in its history.

Tender

13 Apr 2021 at 12:27

Summary of the contracting process

The procurement process titled "Green Impact Lending Alliance" is led by Homes England, located in London, United Kingdom. This initiative falls under the legal services industry category and is currently in the Tender stage. The tender was published on 13th April 2021, with the submission deadline set for 14th April 2021. The total value of the contract is estimated at £94,400, with a minimum value of £51,670. The contract period is scheduled to commence on 15th April 2021 and conclude on 30th June 2022.

This tender presents significant growth opportunities, particularly for legal firms with expertise in financial regulation and contract management. Businesses that can provide comprehensive legal services, including preparation and negotiation of agreements related to SME loan documentation, would be especially well-suited to participate. Furthermore, firms with experience in transaction management and advice on regulatory compliance will find this opportunity aligns with their capabilities, enabling them to forge essential partnerships within the lending sector.

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Notice Title

Green Impact Lending Alliance

Notice Description

Appointed panel firm's work will include, but not be limited to, the below in return for the appropriate fee, which should be capped at at PS51,670 for the Green Impact Alliance and PS42,730 for the follow on project. 1. Pre-instruction advice and discussions with Homes England personnel; 2. Preparation of the Framework agreement outlining the parameters of the lending alliance along with the documentation and operation model of the lending alliance. 3. Negotiate, review and agree the Master Trust Deed which offers Homes England protection in the instance of insolvency of the lenders of record and regulates the beneficial interest in the underlying loans. 4. Review and agree the proposed SME Loan Documentation (which will include security documentation) and all associated ancillary documentation proposed by the non-bank lenders. SME loans will be documented via one facility agreement, co-ordinated by the lead non-bank lender as part of the transaction process and Homes England will require you to review these documents. During the individual loan transaction, the lead non-bank panel lawyers will act under a duty of care to all parties, attesting that the final executed transaction documents comply with all requirements outlined in the Framework Agreement. SME loan facility documents are expected to be in the lead non-bank lender's standard form which will be provided to Homes England, with Homes England's panel lawyer undertaking bespoke amendments necessary to the facility document templates for Homes England, such as Freedom of information act/modern slavery requirements. These documents will serve as standard template documents and Homes England will not require ongoing legal services once the scheme has launched. 5. Undertake completion formalities 6. Prepare a transaction summary and bible of documents 7. Conducting and administering the service through the Transaction Management System (TMS) 8. Attending key legal meetings and project updates 9. Providing completed original documents and electronic copies to Homes England Deeds Management team. 10. Provide all regulatory advice at the outset on the establishment of the structure in light of the structure's future activities as required from time to time.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f697d52e-712a-4d84-98bd-6fcf64cf145a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6fa2b86d-1e7a-40d4-b234-20b2b53c22ad
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not applicable
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79100000 - Legal services

Notice Value(s)

Tender Value
£94,400 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 Apr 20214 years ago
Submission Deadline
13 Apr 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
14 Apr 2021 - 30 Jun 2022 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY)
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
SW1H 0TL
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
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Open Contracting Data Standard (OCDS)

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