---
title: "Procurement for the New UK Sovereign Sukuk - Appointment of Structuring Bank(s)"
ocid: "ocds-b5fd17-8e9fe665-9e3d-4b92-b9b2-3826530f55d1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-8e9fe665-9e3d-4b92-b9b2-3826530f55d1"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-8e9fe665-9e3d-4b92-b9b2-3826530f55d1.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-8e9fe665-9e3d-4b92-b9b2-3826530f55d1.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "HM TREASURY : HM TREASURY"
published: "2019-11-20"
---

# Procurement for the New UK Sovereign Sukuk - Appointment of Structuring Bank(s)

Buyer: HM TREASURY : HM TREASURY  
Current stage: Award  
OCID: ocds-b5fd17-8e9fe665-9e3d-4b92-b9b2-3826530f55d1

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## Summary

The HM Treasury has completed the procurement process for the "Procurement for the New UK Sovereign Sukuk - Appointment of Structuring Bank(s)", which falls under the category of Treasury services. This engagement is set in Liverpool, England, and is part of an open procedure procurement method. The tender period ended on 3rd October 2019, with the contract commencing on 1st November 2019 and concluding on 30th April 2020. The awarded contract involves a value of £365,001 and has been assigned to HSBC BANK PLC.

This procurement presents substantial opportunities for businesses well-versed in financial services, particularly those specialising in Islamic finance or structured banking solutions. Competitors should ideally include large financial institutions and banks that can meet the specific requirements for issuing Sukuk (Islamic Bonds). Engaging in such tenders can enhance visibility and showcase expertise in niche financial markets, potentially leading to further contracts within the public sector.

## Notice

Requirement is the issue of a Sukuk (Islamic Bond).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/bf81948a-41f8-4196-9a76-4e9fad061585 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Nov 2019 |
| Submission deadline | 3 Oct 2019 |
| Future notice date | Not specified |
| Award date | 31 Oct 2019 |
| Contract period | 1 Nov 2019 - 30 Apr 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £365,001 |
| Lots value | Not specified |
| Awards value | Not specified |
| 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 | HM TREASURY : HM TREASURY |
| Locality | LIVERPOOL |
| Post town | Liverpool |
| Postcode | L3 9PP |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD7 Merseyside |
| ITL 3 | TLD72 Liverpool |
| Local authority | Liverpool |
| Electoral ward | City Centre North |
| Westminster constituency | Liverpool Riverside |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HSBC BANK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66600000 - Treasury services

## Release History

- 20 Nov 2019 at 09:45 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/bf81948a-41f8-4196-9a76-4e9fad061585
- 19 Nov 2019 at 14:20 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/bf81948a-41f8-4196-9a76-4e9fad061585
- 19 Nov 2019 at 13:08 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/bf81948a-41f8-4196-9a76-4e9fad061585
- 19 Nov 2019 at 13:05 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/bf81948a-41f8-4196-9a76-4e9fad061585
- 19 Nov 2019 at 13:03 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/bf81948a-41f8-4196-9a76-4e9fad061585
- 18 Nov 2019 at 14:17 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/bf81948a-41f8-4196-9a76-4e9fad061585
- 18 Nov 2019 at 14:10 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/bf81948a-41f8-4196-9a76-4e9fad061585

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/bf81948a-41f8-4196-9a76-4e9fad061585
  20th November 2019 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/dc8d5f75-93f3-4119-af49-2f70fce8eee0
  Contract Notice
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/4ea62228-bc3b-4eb6-bb46-7ebbeafde389
  Notice

## Notice URLs

- https://www.gov.uk/government/organisations/crown-commercial-service

## 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-b5fd17-8e9fe665-9e3d-4b92-b9b2-3826530f55d1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-8e9fe665-9e3d-4b92-b9b2-3826530f55d1.json.