Financil Support and Advisory Services

Contract details

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ID:

20069

OCID:

ocds-kuma6s-012944

Contract type:

Services

Procedure type:

Open

Contract award notice ref:

DEC062532

Internal ref:

TSD1314/05

Contact catergory:

C - Local contract let on behalf of one buyer

Buyer:

University of Wales Trinity St David

Primary CPV code:

70000000

Additional CPV code(s):

66100000; 66171000

Is framework:

No

Carbon reduction plan:

Options:

Description:

The University is seeking to appoint a suitable corporate financial advisor to provide it with the necessary support and assistance in taking forward the project as follows; Developing and delivering the Financial Case for the project, to include: i) developing a robust and dynamic financial model to inform prospective funders, and the University on the financial impact of the project at any point in time. The model will need to be updated on a regular basis as project development circumstances and constraints evolve. ii) developing a definitive funding strategy, based on all potential funding options, including private investment, realisation of existing asset values and/or any other innovative funding opportunity/ies. A key consideration in this regard will be a detailed Sensitivity Analysis based on a range of assumptions (financial, economic, commercial and time) and to reflect the short to medium term uncertainties of the political, economic and financial environment to ensure the funding strategy is as credible as it is comprehensive and robust. iii) Developing the Financial Case component and supporting the completion of the Outline / Full Business Case², as this evolves with the Project. iv) Ongoing recommendations on the affordability implication of funding proposals and the identification, engagement with and negotiating on the University’s behalf with potential funders. This is anticipated to take place during negotiations with the Welsh Government and the Planning Authority in early 2015. v) The University also wishes the selected financial advisor to be able to maximise the potential value of the University’s covenant and asset base, and additional work may be required in this respect. The potential value and contribution to the Project of all assets will be a key requirement of the appointment during the life of the Project up to the point that the Funding Model is realised. It is expected that any agreement resulting from this tendering exercise will commence on 30th September 2014. This will initially run until the end of the phase 1 development as set out in the agreement between UWTSD and the Welsh Government, for the purchase of land at SA1. The first phase delivery should not be less than 3 years with the option to extend to the 4th year. The agreed stop dates for further phases with the Welsh Government could be up 10 years or sooner.

Purchasing team:

N/a

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Contract dates

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Date awarded:

02 October 2014

Start date:

-

End date:

-

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Contract extensions

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Max extension options available:

0 (months)

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Additional information

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Additional information:

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Contact details

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Contract name:

Heidi Davies

Contract email:

heidi.davies@tsd.uwtsd.ac.uk

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