---
title: "Lead Sales Advisor for the Income Contingent Repayment Student Loan Monetisation Programme"
ocid: "ocds-b5fd17-45f0183c-e5d2-4bfc-8cc8-3f01df7d629e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-45f0183c-e5d2-4bfc-8cc8-3f01df7d629e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-45f0183c-e5d2-4bfc-8cc8-3f01df7d629e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-45f0183c-e5d2-4bfc-8cc8-3f01df7d629e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR EDUCATION"
published: "2019-08-01"
---

# Lead Sales Advisor for the Income Contingent Repayment Student Loan Monetisation Programme

Buyer: DEPARTMENT FOR EDUCATION  
Current stage: Award  
OCID: ocds-b5fd17-45f0183c-e5d2-4bfc-8cc8-3f01df7d629e

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## Summary

The procurement process for the position of Lead Sales Advisor for the Income Contingent Repayment Student Loan Monetisation Programme has been completed by the Department for Education (DfE). This tender was classified under the industry category of Education and training services and was conducted using a selective procurement method as a call-off from a framework agreement. The contract period began on 13 March 2018 and is set to conclude on 5 June 2021. The initial tender period had an end date of 10 January 2018. The procurement activities were primarily based in London, England.

This tender presents significant opportunities for financial and advisory firms looking to expand their operations within the education sector. Businesses with expertise in financial advisement, project management, and transaction structuring, particularly large-scale firms, would be well-suited to compete for similar contracts in future monetisation programmes. Engaging in this tender process could facilitate growth and visibility for companies aiming to collaborate with the public sector on large-scale education financing initiatives.

## Notice

The Department for Education ("DfE") has commenced a programme to monetise the English Pre-Browne Income Contingent Repayment ("ICR") loan book. DfE launched the first sale of the loan book in February 2017. The process was subsequently paused following the announcement of a General Election in April 2017. This first sale was resumed on October 31st 2017 and is expected to complete by the end of 2017. Work is now commencing on a second sale targeted to complete in the second half of 2018 as the wider monetisation programme continues. This ITT is for a role critical to the current monetisation programme, starting with the execution of a second loan sale transaction: The Lead Sales Advisor. The role primarily involves: Leading on advice, transaction structuring, project management and transaction execution; acting as Arranger and; (alongside Joint Lead Managers) supporting the distribution effort in accordance with market best practice

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/71b963a3-8c95-4190-9b12-b9e5417b373c |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 Aug 2019 |
| Submission deadline | 10 Jan 2018 |
| Future notice date | Not specified |
| Award date | 1 Mar 2018 |
| Contract period | 13 Mar 2018 - 5 Jun 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £1,950,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEPARTMENT FOR EDUCATION |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1P 3BT |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BANK OF AMERICA MERRILL LYNCH |

## CPV Codes

### Divisions

- 80 - Education and training services

### Codes

- 80000000 - Education and training services

## Release History

- 1 Aug 2019 at 15:27 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/71b963a3-8c95-4190-9b12-b9e5417b373c
- 16 May 2019 at 13:48 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/71b963a3-8c95-4190-9b12-b9e5417b373c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/71b963a3-8c95-4190-9b12-b9e5417b373c
  1st August 2019 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/1cd7a6a6-bfde-4752-a37e-7237a84262eb
  Redacted Contract

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-45f0183c-e5d2-4bfc-8cc8-3f01df7d629e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-45f0183c-e5d2-4bfc-8cc8-3f01df7d629e.json.