{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-06963a-2026-05-11T17:36:03+01:00",
    "date": "2026-05-11T17:36:03+01:00",
    "ocid": "ocds-h6vhtk-06963a",
    "initiationType": "tender",
    "tender": {
        "id": "BTH0014",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Bond Treasury Advisor",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "mainProcurementCategory": "services",
        "description": "We are seeking specialist Treasury Advisory support to provide independent advice and project support for a potential bond issuance under our EMTN Programme. This includes strategic advice on timing, structure and size of the bond, support with appointing and managing bookrunners, investor presentation and marketing support, pricing and execution benchmarking, hedging advice, and overall coordination of the issuance process through to completion.",
        "lots": [
            {
                "id": "1",
                "description": "This contract is a direct award to Savills through the National Framework Partnership - Treasury Services framework",
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "price"
                        }
                    ]
                },
                "hasOptions": false,
                "status": "cancelled"
            }
        ],
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "66000000",
                        "description": "Financial and insurance services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "79311410",
                        "description": "Economic impact assessment"
                    },
                    {
                        "scheme": "CPV",
                        "id": "79400000",
                        "description": "Business and management consultancy and related services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKC"
                    },
                    {
                        "region": "UKD"
                    },
                    {
                        "region": "UKE"
                    },
                    {
                        "region": "UKF"
                    },
                    {
                        "region": "UKG"
                    },
                    {
                        "region": "UKH"
                    },
                    {
                        "region": "UKI"
                    },
                    {
                        "region": "UKJ"
                    },
                    {
                        "region": "UKK"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "procurementMethod": "limited",
        "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
        "procurementMethodRationaleClassifications": [
            {
                "id": "D_OUTSIDE_SCOPE",
                "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
                "description": "The procurement falls outside the scope of application of the directive"
            }
        ],
        "procurementMethodRationale": "Why direct award: We are directly awarding this work to Savills, our existing Treasury Advisors, for the following reasons: * Savills already have a deep understanding of Orbit's treasury strategy, financial position, risk appetite and governance, having supported as Treasury Advisors under the retainer. * Continuity of advisor is critical for a time sensitive and market dependent transaction, reducing delivery risk and avoiding duplication of work and cost. * The proposed fee represents value for money, with Savills offering a reduced rate compared to market norms for a bond issuance, recognising that this is under an already established EMTN programme, reducing from 10bps to 3bps."
    },
    "awards": [
        {
            "id": "043229-2026-1",
            "relatedLots": [
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            ],
            "title": "Bond Treasury Advisor",
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-COH-02605138",
                    "name": "Savills (UK) Limited"
                }
            ]
        }
    ],
    "parties": [
        {
            "id": "GB-COH-IP28503R",
            "name": "ORBIT GROUP LIMITED",
            "identifier": {
                "legalName": "ORBIT GROUP LIMITED",
                "id": "IP28503R",
                "scheme": "GB-COH"
            },
            "address": {
                "streetAddress": "Garden Court, Harry Weston Road, Binley Business Park, Binley",
                "locality": "Coventry",
                "region": "UKG33",
                "postalCode": "CV32SU",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Barbara Hunter",
                "email": "group.tenders@orbit.org.uk"
            },
            "roles": [
                "buyer"
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            "details": {
                "url": "https://www.orbit.org.uk/",
                "classifications": [
                    {
                        "id": "REGIONAL_AUTHORITY",
                        "scheme": "TED_CA_TYPE",
                        "description": "Regional or local authority"
                    },
                    {
                        "id": "06",
                        "scheme": "COFOG",
                        "description": "Housing and community amenities"
                    }
                ]
            }
        },
        {
            "id": "GB-COH-02605138",
            "name": "Savills (UK) Limited",
            "identifier": {
                "legalName": "Savills (UK) Limited",
                "id": "02605138",
                "scheme": "GB-COH"
            },
            "address": {
                "streetAddress": "33 Margaret St",
                "locality": "London",
                "region": "UK",
                "postalCode": "W1G 0JD",
                "countryName": "United Kingdom"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "large"
            }
        },
        {
            "id": "GB-FTS-179011",
            "name": "Royal institution of chartered surveyors",
            "identifier": {
                "legalName": "Royal institution of chartered surveyors"
            },
            "address": {
                "locality": "London",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        }
    ],
    "buyer": {
        "id": "GB-COH-IP28503R",
        "name": "ORBIT GROUP LIMITED"
    },
    "contracts": [
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            "id": "043229-2026-1",
            "awardID": "043229-2026-1",
            "title": "Bond Treasury Advisor",
            "status": "active",
            "value": {
                "amount": 70000,
                "currency": "GBP"
            },
            "dateSigned": "2026-04-29T00:00:00+01:00"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "1",
                "measure": "bids",
                "relatedLot": "1",
                "value": 1
            }
        ]
    },
    "language": "en"
}