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Investment in Charitable Bonds

Scottish Government

This public procurement record has 3 releases in its history.

Award

12 Jan 2018 at 00:00

OJEU - F3 - Contract Award Notice
Award

12 Jan 2018 at 00:00

OJEU - F3 - Contract Award Notice
Tender

13 Mar 2017 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The Scottish Government is conducting an open tender for the "Investment in Charitable Bonds" project, aimed at issuing bonds to finance social justice initiatives and support registered charities. This procurement process is categorized under services and is currently in the Award stage, with the date signed for contracts being 17th May 2017. The submission deadline for bids was 13th April 2017, with the procurement value set at £1,200,000. The location of the initiative is Glasgow, UK, specifically at the Government's headquarters on Broomielaw.

This tender represents a significant opportunity for financial institutions, particularly those regulated by the Financial Conduct Authority, seeking to expand their services within the social impact finance sector. Businesses specialising in bond issuance, charity financing, and governmental contracts would find this tender well-suited to their capabilities. Qualified firms with experience in handling charitable bonds and a proven financial standing, demonstrating a minimum turnover of £1.5 million over the past two years, are encouraged to participate in this initiative to enhance their growth and enhance social outcomes in Scotland.

How relevant is this notice?

Notice Information

Notice Title

Investment in Charitable Bonds

Notice Description

The Scottish Government's Housing, Regeneration and Welfare Directorate requires a suitably qualified and experienced Contractor regulated by the Financial Conduct Authority to issue one or more bonds designed to provide loan finance to further the Scottish Government's social justice ambitions and generate donations to charities registered on the Scottish Charities Register.

Lot Information

Lot 1

The successful Contractor will issue and promote limited recourse bonds open for investment by Scottish Ministers at the indicative levels set out at Section 2.4 but which also allow for potential investment by other eligible organisations (such as Scottish Local Authorities, agencies of the SG etc., collectively known as "Subscribers") and which meet the description of a "charitable bond" provided in this specification (the "Bonds"). Upon the Bonds' maturing (following a fixed term of between five and ten years), Subscribers will receive back their full investment plus a rate of return.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000478622
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN306439
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award 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

66122000 - Corporate finance and venture capital services

Notice Value(s)

Tender Value
£1,200,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Jan 20188 years ago
Submission Deadline
13 Apr 2017Expired
Future Notice Date
Not specified
Award Date
26 Apr 20179 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Government
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
Not specified
Postcode Area
Not specified
Country
Not specified
Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
TLM Scotland
Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR276918
    Investment in Charitable Bonds - The Scottish Government's Housing, Regeneration and Welfare Directorate requires a suitably qualified and experienced Contractor regulated by the Financial Conduct Authority to issue one or more bonds designed to provide loan finance to further the Scottish Government's social justice ambitions and generate donations to charities registered on the Scottish Charities Register.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN306439
    Investment in Charitable Bonds - The Scottish Government's Housing, Regeneration and Welfare Directorate requires a suitably qualified and experienced Contractor regulated by the Financial Conduct Authority to issue one or more bonds designed to provide loan finance to further the Scottish Government's social justice ambitions and generate donations to charities registered on the Scottish Charities Register.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN306437
    Investment in Charitable Bonds - The Scottish Government's Housing, Regeneration and Welfare Directorate requires a suitably qualified and experienced Contractor regulated by the Financial Conduct Authority to issue one or more bonds designed to provide loan finance to further the Scottish Government's social justice ambitions and generate donations to charities registered on the Scottish Charities Register.

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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