Closed tender

MEIP analysis of Home Shipbuilding Credit Guarantee Scheme

Details

Buyer
Department for Business Energy and Industrial Strategy (BEIS)
Value
GBP 80,000
Topic
Financial market regulatory services
Published
15 February 2022
Submission
25 February 2022

Tender description

The Department for Business Energy and Industrial Strategy (BEIS) has been developing proposals for a new Home Shipbuilding Credit Guarantee Scheme (HSCGS) replacing a previous scheme which operated from 1972-2005. The scheme would provide Government backed guarantees for banks lending to UK ship operators for the purpose of financing the construction, completion, (radical) alteration and refit /repair of ships and mobile offshore installations (MOIs) in UK shipyards. BEIS would underwrite a portion of the lender's losses in the event of a subsequent default on repayments by the ship operator.

Timeline

  1. Completed: Tender published15 February 2022
    Current notice
  2. Completed: Submission date25 February 2022

About the buyer

Department for Business Energy and Industrial Strategy (BEIS) is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 66152000 · Financial market regulatory services

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