Closed tender

Loan and Securities Collateral Legal Panel

Details

Buyer: Bank of England
Value: GBP 3,600,000
Topic: Legal services
Published: 19 June 2023
Submission: 14 July 2023
Source: uk:contracts_finder

Tender description

The Bank of England (the "Bank") lends through its market operations against eligible collateral delivered by firms. This takes the form of either loan or securities collateral. To ensure that the collateral is eligible for the Bank's operations, legal due diligence is required, particularly when it comes to loan collateral. The Bank is therefore seeking 3 law firms to be part of a framework and to conduct legal reviews relating to collateral on a case-by-case basis. The overall contract value includes the costs of all reviews, which will ultimately be recharged to the firm that is seeking to position the collateral with the Bank. The procurement documents are available for unrestricted and full direct access, free of charge, at https://supplierlive.proactisp2p.com/Account/Login

Timeline

Completed: Tender published19 June 2023
Current notice
Completed: Submission date14 July 2023

About the buyer

Bank of England 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

79100000 · Legal services

Decision makers

Connect with the people behind this procurement.

Job title	Phone number	Work email
Head of Procurement	+44 •••• ••••••	••••••••@bank-of-england.gov
Commercial Director	+44 •••• ••••••	••••••••@bank-of-england.gov
Procurement Manager	+44 •••• ••••••	••••••••@bank-of-england.gov
Category Lead	+44 •••• ••••••	••••••••@bank-of-england.gov
Senior Buyer	+44 •••• ••••••	••••••••@bank-of-england.gov
Contracts Manager	+44 •••• ••••••	••••••••@bank-of-england.gov