Tender

Loan Valuations Services

PLATFORM HOUSING LIMITED

This public procurement record has 1 release in its history.

Tender

11 Nov 2024 at 16:27

Summary of the contracting process

Platform Housing Limited is seeking to procure Loan Valuation Services under an open procedure. This tender, titled "Loan Valuation Services", falls under the treasury services category and focuses on the periodic valuation of their secured £2bn debt portfolio, necessary for their capital programme and supporting affordable housing objectives. The procurement process is currently in the tender stage, with key dates including the submission deadline of 11th December 2024 at 12:00 PM, and the start of the award period on the same date. Services are to be delivered in the UKF and UKG regions, with a contract duration of 360 days and potential renewable clauses that allow annual reviews for up to three years.

This tender represents a significant opportunity for businesses specialising in financial and treasury services, particularly those with experience in debt portfolio valuations. By securing this contract, firms can enhance their portfolios by aligning with a major housing provider's strategic objectives. The contract's renewable nature offers long-term engagement possibilities, making it ideal for companies aiming to establish a robust presence in the public housing sector. Competitors should be prepared to demonstrate high-quality service delivery and cost-effectiveness, as evaluation will be evenly split between these criteria.

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Notice Title

Loan Valuations Services

Notice Description

Central to PHG's strategic objectives are providing new and existing homes that are affordable, sustainable and of a high quality. PHG's capital programme is supported through a secured debt portfolio of approximately PS2bn in value, split broadly evenly between Debt Capital Markets (DCM) and bank finance. The debt portfolio is subject to periodic valuations as detailed within individual debt facilities. Valuation services are being tendered in relation to valuations due for the year to 31st March 2028

Lot Information

Lot 1

Central to PHG's strategic objectives are providing new and existing homes that are affordable, sustainable and of a high quality. PHG's capital programme is supported through a secured debt portfolio of approximately PS2bn in value, split broadly evenly between Debt Capital Markets (DCM) and bank finance. The debt portfolio is subject to periodic valuations as detailed within individual debt facilities. Valuation services are being tendered in relation to valuations due for the year to 31st March 2028

Renewal: During the contract, specific break clauses will be added to review the provision of the services and the scope of works. This will allow a review point every 12 months for the potentially up to 3 years contract

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04b59b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/036479-2024
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
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66600000 - Treasury services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Nov 20241 years ago
Submission Deadline
11 Dec 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
PLATFORM HOUSING LIMITED
Contact Name
Stephanie Gill
Contact Email
stephanie.gill@platformhg.com
Contact Phone
Not specified

Buyer Location

Locality
SOLIHULL
Postcode
B37 7YD
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG32 Solihull
Delivery Location
TLF East Midlands (England), TLG West Midlands (England)

Local Authority
Solihull
Electoral Ward
Bickenhill
Westminster Constituency
Meriden and Solihull East

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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