---
title: "Investment in Charitable Bonds"
ocid: "ocds-h6vhtk-0384cd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0384cd"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0384cd.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0384cd.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "SCOTTISH GOVERNMENT"
published: "2022-11-16"
---

# Investment in Charitable Bonds

Buyer: SCOTTISH GOVERNMENT  
Current stage: Award  
OCID: ocds-h6vhtk-0384cd

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## Summary

The Scottish Government has recently awarded a contract for "Investment in Charitable Bonds" under the services category. This initiative aims to support the third sector in Scotland, specifically focusing on affordable housing through the Affordable Housing Supply Programme. The procurement process, led by the Scottish Government, was conducted through an open procedure, and the contract was awarded to Allia C&C. The contract value is £2,362,500, signed on 4th October 2022, providing opportunities for businesses in financial markets administration and loan brokerage services, particularly those with experience in service delivery, skills, and investment management.

This tender by the Scottish Government presents an opportunity for businesses in the financial services sector to engage in promoting limited recourse bonds and supporting affordable housing development in Scotland. The procurement criteria emphasise service delivery, skills and expertise, organisation robustness, and community benefits. Businesses with a focus on quality service delivery and experience in financial markets administration services are well-suited to compete in this tender. The procurement process has now reached the award stage, where Allia C&C has been selected as the contractor to facilitate the Investment in Charitable Bonds project.

## Notice

The Scottish Government (SG) is committed to supporting the third sector in Scotland. The third sector has a direct impact on the growth of Scotland's economy, the wellbeing of its citizens and the improvement of its public services. The supply of affordable housing as set out in the Housing to 2040 Strategy is a high priority for the SG and Charitable Bonds contribute to the Affordable Housing Supply Programme through both the provision of loan finance to Regional Social Landlords (RSLs) and the distribution of Charitable Donations.

### Lot Information

Lot 1

The successful Contractor will issue and promote limited recourse bonds open for investment by Scottish Ministers., Upon the Bonds' maturing (following a fixed term of between five and fifteen years), Subscribers will receive back their full investment plus a rate of return. The Bonds will allow Subscribers to receive a rate of return on the amount they invest in the Bonds, the rate of return being expressed as total gross interest to be paid on maturity of the Bonds. . A proportion of the money which the SG Invests in the Bonds will be used by the Contractor to fund one or more loans, at a commercial fixed rate of interest (and subject to a single repayment with compound interest over a period matching the term of the bond), to eligible Registered Social Landlords for the purposes of supporting the development of affordable housing in Scotland.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/032451-2022 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Nov 2022 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 3 Oct 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £2,362,500 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SCOTTISH GOVERNMENT |
| Locality | GLASGOW |
| Post town | Glasgow |
| Postcode | G2 8EA |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM32 Glasgow City |
| Local authority | Glasgow City |
| Electoral ward | Anderston/City/Yorkhill |
| Westminster constituency | Glasgow North |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ALLIA C&C |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 75 - Administration, defence and social security services

### Codes

- 66150000 - Financial markets administration services
- 66190000 - Loan brokerage services
- 75100000 - Administration services

## Release History

- 16 Nov 2022 at 08:48 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/032451-2022

## Notice URLs

- http://www.scotland.gov.uk
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000695107
- https://ted.europa.eu/udl?uri=TED:NOTICE:191584-2022:TEXT:EN:HTML
- https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA10482

## 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-h6vhtk-0384cd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0384cd.json.