Contract award notice
Results of the procurement procedure
Section I: Contracting
authority
I.1) Name and addresses
FSCS
London
EC3A 7QU
UK
Telephone: +44 2077414100
E-mail: procurement@fscs.org.uk
NUTS: UKI12
Internet address(es)
Main address: www.fscs.org.uk
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Loan Arranger.
II.1.2) Main CPV code
66190000
II.1.3) Type of contract
Services
II.1.4) Short description
2 contracts relating to FSCS' requirement for a combined coordination of the re-financing of FSCS's existing syndicated revolving credit facility have been awarded. The procurement also awarded the appointment of an agent bank to administer the facility.
II.1.6) Information about lots
This contract is divided into lots:
Yes
II.1.7) Total value of the procurement
Value excluding VAT:
345 000.00
GBP
II.2) Description
Lot No: 1
II.2.1) Title
Co-ordinating arranger(s) of syndicated revolving credit facility
II.2.2) Additional CPV code(s)
66190000
II.2.3) Place of performance
NUTS code:
UKI12
II.2.4) Description of the procurement
The provider(s) of the Loan Arrangement Coordination arrange and manage a successful process enabling FSCS to have loan or other facilities that meets its funding needs.
II.2.5) Award criteria
Price
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 2
II.2.1) Title
Agent for syndicated revolving credit facility
II.2.2) Additional CPV code(s)
66190000
II.2.3) Place of performance
NUTS code:
UKI12
II.2.4) Description of the procurement
A bank to act as Agent Bank within the meaning of the new loan agreement to be entered into.
II.2.5) Award criteria
Price
II.2.11) Information about options
Options:
No
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 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:
No
Section V: Award of contract
Lot No: 1
Contract No: FSCS289
Title: Co-ordinating arranger(s) of syndicated revolving credit facility
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/11/2016
V.2.2) Information about tenders
Number of tenders received: 7
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Barclays Bank PLC
Level 27, 1 Churchill Place
London
E14 5HP
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 300 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1
Contract No: FSCS289
Title: Co-ordinating arranger(s) of syndicated revolving credit facility
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/11/2016
V.2.2) Information about tenders
Number of tenders received: 7
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
The Royal Bank of Scotland Plc
36 St Andrew Square
Edinburgh
EH2 2YB
UK
NUTS: UKM25
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 300 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 2
Contract No: FSCS289
Title: Agent for syndicated revolving credit facility
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/11/2016
V.2.2) Information about tenders
Number of tenders received: 5
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Barclays Bank PLC
Level 27, 1 Churchill Place
London
E14 5HP
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 45 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.5) Date of dispatch of this notice
29/11/2016