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Loan Finance Tender

FALMOUTH EXETER PLUS

This public procurement record has 1 release in its history.

Tender

11 Sep 2026 at 12:03

UK4 - Tender Notice
Summary of the contracting process

Falmouth Exeter Plus, serving the University, is seeking suitably qualified lenders to provide loan finance services. The requirement is to refinance existing borrowing arrangements and support the University’s long-term financial strategy. It covers banking, credit-granting and loan brokerage services, with the main focus on financial services rather than physical goods or works. The work is associated with the University’s operations in Penryn and Exeter, Cornwall and Devon. This is a single finance requirement for a public undertaking, suited to banks, lending institutions and specialist finance providers able to structure and manage institutional borrowing. The buyer is Falmouth Exeter Plus, based at Penryn Campus in Penryn, Cornwall.

The procurement has reached tender: the buyer invited offers through an open procedure. Questions could be submitted until 8 October 2026 at 23:00, and offers were due by 16 October 2026 at 11:00. The contract is scheduled to run from 30 November 2026 to 30 September 2031. Its estimated value is £4,000,000 excluding VAT, or £4,800,000 including VAT. The tender is divided into one lot. Qualification is pass/fail, followed by evaluation weighted 60% commercial, 30% technical and 10% sustainability and social value. Technical assessment covers the proposal, relationship management, reporting and support, and experience and capability, each weighted at 7.5%. The award decision was due by 23 November 2026.

This opportunity suits lenders with the financial strength, lending capacity and institutional experience to refinance existing public-sector borrowing and support a long-term finance strategy. Suppliers should be able to present a credible commercial offer, explain their technical approach and demonstrate effective relationship management, reporting and ongoing support. Relevant experience and capability are explicit evaluation areas, so bidders will need evidence that they can manage a substantial, multi-year lending relationship with a university. The buyer will also assess carbon reduction and social value policies, including local employment, apprenticeships, equality, diversity and inclusion, recycling and waste reduction, community investment, and opportunities for Falmouth and Exeter students. Providers able to combine competitive finance with strong governance, support and wider community benefits are best placed to compete.

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Notice Information

Notice Title

Loan Finance Tender

Notice Description

The University is seeking proposals from suitably qualified lenders for the provision of loan finance services to refinance its existing borrowing arrangements and support its long-term financial strategy.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06f7eb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/086350-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - 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

66110000 - Banking services

66113000 - Credit granting services

66190000 - Loan brokerage services

Notice Value(s)

Tender Value
£4,000,000 £1M-£10M
Lots Value
£4,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Sep 20264 days ago
Submission Deadline
16 Oct 20261 months to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Nov 2026 - 30 Sep 2031 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FALMOUTH EXETER PLUS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PENRYN, CORNWALL
Postcode
TR10 9FE
Postcode Area
Truro
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK3 Cornwall and Isles of Scilly
Small Region (ITL 3)
TLK30 Cornwall and Isles of Scilly
Delivery Location
Not specified
Local Authority
Cornwall
Electoral Ward
Constantine, Mabe & Mawnan
Westminster Constituency
Camborne and Redruth

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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