DFSED-Financial Advisor for Scottish Government Bonds

A Contract Award Notice
by SCOTTISH GOVERNMENT

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£495K
Sector
BUSINESS
Published
10 Apr 2025
Delivery
not specified
Deadline
n/a

Concepts

Location

Scotland:

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

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.

Award Detail

1 Ernst & Young (Glasgow)
  • Reference: 014404-2025-746189-1
  • Value: £494,975

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

  • Options are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** (SC Ref:795936)

Reference

Domains