LIBOR - SONIA Advice

A Contract Award Notice
by CABINET OFFICE

Source
Contracts Finder
Type
Contract (Services)
Duration
5.5 month
Value
£36K-£43K
Sector
BUSINESS
Published
29 Nov 2021
Delivery
15 Jul 2021 to 31 Dec 2021
Deadline
01 Jul 2021 12:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

Provision of advice in relation to the requirement for consent to be given across a majority of the contracts in the PFI portfolio, in relation to the transition of the calculation of interest under project financing agreements, from LIBOR to SONIA, as required by the Bank of England. The advice will be provided in relation to the requirement for consent to be given by procuring authorities in general. Support will also be provided in the background on a pilot scheme to establish the principles on which consent should be given.

Award Detail

1 Hogan Lovells (Holborn Viaduct)
  • Value: £36,000

CPV Codes

  • 79100000 - Legal services

Other Information

2021-11-29 Call off order form - LIBOR Transition IPAHL-LWDLIB01_Redacted Contract.pdf

Reference

Domains