DFSED-Financial Advisor for Scottish Government Bonds

A Tender Notice
by SCOTTISH GOVERNMENT

Source
Find a Tender
Type
Contract (Services)
Duration
23.5 month
Value
£0-£2M
Sector
BUSINESS
Published
22 Jan 2025
Delivery
To 10 Feb 2027 (est.)
Deadline
20 Feb 2025 12:00

Concepts

Location

Scotland:

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

As outlined in the Scottish Government Borrowing Memorandum (link below) the Scottish Government is continuing to work towards an inaugural Scottish Government Bond Issuance. For the next stage of the due diligence process the Scottish Government is seeking a financial advisor to assist in determining the specific conditions, and policy parameters, which will frame a successful Bond issuance. This will focus on, but not be limited to, the following: - Timing considerations for an inaugural issuance given market conditions and related events. - The frequency of issuances to best meet Scottish Government fiscal and economic objectives. - Consideration of formal “Use of Proceeds” such as “Green Bonds”. The link to the Scottish Government Borrowing Memorandum is: https://www.gov.scot/publications/scottish-budget-2025-2026-scottish-government-...

Total Quantity or Scope

The Service Provider will provide The Purchaser with independent advice on (1) evaluating the merits of, and (2) undertaking all the preparatory steps required for, the issue of an inaugural credit rating(s) and a public, listed bond. For the avoidance of doubt, the appointment will not include the role of bookrunning of any such bond issue. Additional information: The anticipated contract value is 1,000,000 GBP- 1,500,000 GBP (excluding VAT).

Renewal Options

Option to extend for a further two 12-month periods at the sole discretion of the Scottish Government.

Award Criteria

Quality 70
price 30

CPV Codes

  • 66171000 - Financial consultancy services

Indicators

  • An E-Auction may be used.
  • This is a one-off contract (no recurrence)
  • Options are available.
  • Renewals are available.
  • Financial restrictions apply.
  • Technical restrictions apply.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 28403. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 A sub-contract clause has been included in this contract. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2363 Community benefits are included in this requirement. For more information see: https://www.gov.scot/policies/public-sector-procurement/community-benefits-in-pr... A summary of the expected community benefits has been provided as follows: The tenderer must provide a Community Benefits proposal that is relevant to the subject matter of this contract and supports the Scottish Ministers’ commitment to contributing to the social, economic & environmental well-being of the people of Scotland. (SC Ref:788379)

Reference

Domains