Financial Services Compensation Scheme: Loan Arranger Services

  Financial Services Compensation Scheme has published this notice through Delta eSourcing

Notice Summary
Title: Loan Arranger Services
Notice type: Contract Award Notice
Authority: Financial Services Compensation Scheme
Nature of contract: Services
Procedure: Open
Short Description: FSCS is seeking to appoint under the Loan Arranger Services Framework agreement, a) a single service provider for the co-ordination of the refinancing of FSCS’s existing £1.45bn syndicated revolving credit facility, as may be amended from time to time (Lot 1) and, b) a single service provider for the co-ordination of the refinancing of FSCS’s existing £1.45bn syndicated revolving credit facility, as may be amended from time to time, with Agent bank responsibilities to administer the facility (Lot 2).
Published: 23/09/2021 10:33

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UK-London: Banking and investment services.

Section I: Contracting Authority

   I.1) Name, Addresses and Contact Point(s):
       Financial Services Compensation Scheme
       Beaufort House, 15 St. Botolph Street, London, EC3A 7QU, United Kingdom
       Tel. +44 2073758175, Email: procurement@fscs.org.uk
       Contact: Jean Mutudza
       Main Address: www.fscs.org.uk
       NUTS Code: UKI4

   I.2) Joint procurement:
      The contract involves joint procurement: No          
      In the case of joint procurement involving different countries, state applicable national procurement law: Not Provided
      The contract is awarded by a central purchasing body: No

   I.4)Type of the contracting authority:
      Body governed by public law

   I.5) Main activity:
      Economic and financial affairs

Section II: Object Of The Contract

   II.1) Scope of the procurement

      II.1.1) Title: Loan Arranger Services            
      Reference number: FSCS380

      II.1.2) Main CPV code:
         66100000 - Banking and investment services.


      II.1.3) Type of contract: SERVICES

      II.1.4) Short description: FSCS is seeking to appoint under the Loan Arranger Services Framework agreement, a) a single service provider for the co-ordination of the refinancing of FSCS’s existing £1.45bn syndicated revolving credit facility, as may be amended from time to time (Lot 1) and, b) a single service provider for the co-ordination of the refinancing of FSCS’s existing £1.45bn syndicated revolving credit facility, as may be amended from time to time, with Agent bank responsibilities to administer the facility (Lot 2).

      II.1.6) Information about lots
         This contract is divided into lots: Yes
                  
      II.1.7) Total value of the procurement (excluding VAT)
          Value: 460,000
                  
         Currency:GBP            

   II.2) Description (lot no. 1)
   

      II.2.1) Title:Revolving Credit Facility Mandated Lead Arranger   
      Lot No:1

      II.2.2) Additional CPV code(s):
            66100000 - Banking and investment services.


      II.2.3) Place of performance
      Nuts code:
      UKI4 - Inner London – East
   
      Main site or place of performance:
      Inner London – East
             

      II.2.4) Description of the procurement: Co-ordination of the re-financing of FSCS’s existing £1.45bn syndicated revolving credit facility, as may be amended from time to time

      II.2.5) Award criteria:
      Quality criterion - Name: Quality / Weighting: 75
                  
      Cost criterion - Name: Price / Weighting: 25
            

      II.2.11) Information about options
         Options: No
         

      II.2.13) Information about European Union funds
         The procurement is related to a project and/or programme financed by European Union funds: No
         

      II.2.14) Additional information: Not Provided

   II.2) Description (lot no. 2)
   

      II.2.1) Title:Revolving credit facility Mandated Lead Arranger and Agent Bank   
      Lot No:2

      II.2.2) Additional CPV code(s):
            66100000 - Banking and investment services.


      II.2.3) Place of performance
      Nuts code:
      UKI - LONDON
   
      Main site or place of performance:
      LONDON
             

      II.2.4) Description of the procurement: Co-ordination of the re-financing of FSCS’s existing £1.45bn syndicated revolving credit facility, as may be amended from time to time with Agent bank responsibilities to administer the facility.

      II.2.5) Award criteria:
      Quality criterion - Name: Quality / Weighting: 75
                  
      Cost criterion - Name: Price / Weighting: 25
            

      II.2.11) Information about options
         Options: No
         

      II.2.13) Information about European Union funds
         The procurement is related to a project and/or programme financed by European Union funds: No
         

      II.2.14) Additional information: Not Provided


Section IV: Procedure

IV.1) Description

   IV.1.1)Type of procedure: Open


   IV.1.3) Information about a framework agreement or a dynamic purchasing system
      The procurement involves the establishment of a framework agreement: Yes       
      

   IV.1.6) Information about electronic auction
      An electronic auction has been used: No

   IV.1.8) Information about the Government Procurement Agreement (GPA)
      The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

   IV.2.1) Previous publication concerning this procedure
       Notice number in the OJEU: 2021/S 000-010778
      
   

   IV.2.9) Information about termination of call for competition in the form of a prior information notice
      The contracting authority will not award any further contracts based on the above prior information notice: No

Section V: Award of contract

Award Of Contract (No.1)

   Contract No: 1    
   Lot Number: 1    
   Title: evolving Credit Facility Mandated Lead Arranger

   A contract/lot is awarded: Yes


   V.2) Award of contract

      V.2.1) Date of conclusion of the contract: 21/09/2021

      V.2.2) Information about tenders
         Number of tenders received: 9
         Number of tenders received from SMEs: Not Provided          
         Number of tenders received from tenderers from other EU Member States: Not Provided          
         Number of tenders received from tenderers from non-EU Member States: Not Provided          
         Number of tenders received by electronic means: Not Provided

      V.2.3) Name and address of the contractor

      The contract has been awarded to a group of economic operators: No
         
         Contractor (No.1)
             Barclays Bank PLC, 01026167
             1 Churchill Place, London, E14 5HP, United Kingdom
             NUTS Code: UKI
            The contractor is an SME: No

      V.2.4) Information on value of the contract/lot (excluding VAT)
         Initial estimated total value of the contract/lot: Not Provided          
         Total value of the contract/lot: 200,000
         Currency: GBP

      V.2.5) Information about subcontracting
         The contract is likely to be subcontracted: No
         

Award Of Contract (No.2)

   Contract No: 2    
   Lot Number: 2    
   Title: Revolving credit facility Mandated Lead Arranger and Agent Bank

   A contract/lot is awarded: Yes


   V.2) Award of contract

      V.2.1) Date of conclusion of the contract: 21/09/2021

      V.2.2) Information about tenders
         Number of tenders received: 3
         Number of tenders received from SMEs: Not Provided          
         Number of tenders received from tenderers from other EU Member States: Not Provided          
         Number of tenders received from tenderers from non-EU Member States: Not Provided          
         Number of tenders received by electronic means: Not Provided

      V.2.3) Name and address of the contractor

      The contract has been awarded to a group of economic operators: No
         
         Contractor (No.1)
             National Westminster Bank PLC, 00929027
             250 Bishopsgate, London, United Kingdom
             NUTS Code: UKI
            The contractor is an SME: No

      V.2.4) Information on value of the contract/lot (excluding VAT)
         Initial estimated total value of the contract/lot: Not Provided          
         Total value of the contract/lot: 260,000
         Currency: GBP

      V.2.5) Information about subcontracting
         The contract is likely to be subcontracted: No
         
Section VI: Complementary information

   VI.3) Additional information: To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=628203418

   VI.4) Procedures for review

      VI.4.1) Review body
          The Royal Court of Justice
          The Strand, London, United Kingdom
          Tel. +44 2073758197, Email: procurement@fscs.org.uk

      VI.4.2) Body responsible for mediation procedures
          The Royal Court of Justice
          The Strand, London, United Kingdom
          Tel. +44 2073758197, Email: procurement@fscs.org.uk

      VI.4.3) Review procedure
         Precise information on deadline(s) for review procedures: Not Provided

      VI.4.4) Service from which information about the review procedure may be obtained
          Financial Services Compensation Scheme
          Beaufort House, 15 St. Botolph Street, London, EC3A 7QU, United Kingdom
          Tel. +44 2073758175

   VI.5) Date of dispatch of this notice: 23/09/2021




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