Tender

MEIP analysis of Home Shipbuilding Credit Guarantee Scheme

BUSINESS ENERGY AND INDUSTRIAL STRATEGY

This public procurement record has 2 releases in its history.

TenderAmendment

22 Feb 2022 at 15:38

Tender

15 Feb 2022 at 12:12

Summary of the contracting process

The Business Energy and Industrial Strategy (BEIS) is in the active tender stage for the "MEIP analysis of Home Shipbuilding Credit Guarantee Scheme," which falls under the financial market regulatory services sector. This procurement process aims to develop a new scheme to provide government-backed guarantees for UK ship operators seeking financing for ship construction, alteration, and repair. The tender period closes on 25th February 2022, while the contract is scheduled to start on 2nd March 2022 and conclude on 1st June 2022. The contract value is set between £70,000 and £90,000, and the procurement method is an open procedure below threshold.

This tender presents significant opportunities for businesses in the shipbuilding and financial services sectors, especially for small and medium-sized enterprises (SMEs) that can provide analysis and regulatory support for the proposed scheme. Businesses that offer financial advisory services or have expertise in ship financing and construction would be particularly well-suited to compete for this contract, helping to facilitate growth in the UK’s maritime industry.

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Notice Title

MEIP analysis of Home Shipbuilding Credit Guarantee Scheme

Notice Description

The Department for Business Energy and Industrial Strategy (BEIS) has been developing proposals for a new Home Shipbuilding Credit Guarantee Scheme (HSCGS) replacing a previous scheme which operated from 1972-2005. The scheme would provide Government backed guarantees for banks lending to UK ship operators for the purpose of financing the construction, completion, (radical) alteration and refit /repair of ships and mobile offshore installations (MOIs) in UK shipyards. BEIS would underwrite a portion of the lender's losses in the event of a subsequent default on repayments by the ship operator.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fe70c826-6ab6-4b74-9cbb-b50150878e24
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f4f4e678-3aa1-4c17-9a56-c3cf49db1b86
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66152000 - Financial market regulatory services

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 Feb 20224 years ago
Submission Deadline
25 Feb 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
2 Mar 2022 - 1 Jun 2022 1-6 months
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
BUSINESS ENERGY AND INDUSTRIAL STRATEGY
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 0ET
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
Not specified

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

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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