Contract notice
Section I: Contracting
authority
I.1) Name and addresses
Loughborough University
Epinal Way
Loughborough
LE11 3TU
UK
Contact person: Hussain Dakri
Telephone: +44 1509228186
E-mail: H.dakri@lboro.ac.uk
NUTS: UKF
Internet address(es)
Main address: https://www.bipsolutions.com
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://www.delta-esourcing.com/tenders/UK-UK-Loughborough:-Credit-granting-services./7376RDN4V8
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent to the abovementioned address
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Education
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Revolving Credit Facility
II.1.2) Main CPV code
66113000
II.1.3) Type of contract
Services
II.1.4) Short description
The University currently has a £50 million RCF that expires in January 2025. The RCF provides a source of short-term liquidity to manage the University's cash flow cycle. The University is committed to integrating sustainability practices into its operations and seeks a financing solution that incentivises further progress towards its sustainability goals.
II.1.5) Estimated total value
Value excluding VAT:
1 050 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.3) Place of performance
NUTS code:
UKF
Main site or place of performance:
EAST MIDLANDS (ENGLAND)
II.2.4) Description of the procurement
The University currently has a £50 million RCF that expires in January 2025. The RCF provides a source of short-term liquidity to manage the University's cash flow cycle. The University is committed to integrating sustainability practices into its operations and seeks a financing solution that incentivises further progress towards its sustainability goals.
II.2.5) Award criteria
Criteria below:
Quality criterion: Quality
/ Weighting: 40
Cost criterion: Price
/ Weighting: 60
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 60
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
II.2.11) Information about options
Options:
Yes
Description of options:
5 years + 1 year +1 year
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section III: Legal, economic, financial and technical information
III.1) Conditions for participation
III.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
III.2) Conditions related to the contract
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
31/05/2024
Local time: 12:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.7) Conditions for opening of tenders
Date:
31/05/2024
Local time: 12:00
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.3) Additional information
The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.
For more information about this opportunity, please visit the Delta eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-UK-Loughborough:-Credit-granting-services./7376RDN4V8
To respond to this opportunity, please click here:
https://www.delta-esourcing.com/respond/7376RDN4V8
GO Reference: GO-2024424-PRO-25851583
VI.4) Procedures for review
VI.4.1) Review body
Loughborough University
Epinal Way
Loughborough
LE11 3TU
UK
Telephone: +44 1509228186
E-mail: H.dakri@lboro.ac.uk
VI.5) Date of dispatch of this notice
24/04/2024