FrameworkClosed

Loan and Securities Collateral Legal Panel 2024

BANK OF ENGLAND · £3,600,000 · closes 14 Feb 2024

£3,600,000

Estimated value

Closed

Deadline

15 Jan 2024

Published

This tender has closed.

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About this contract

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.

Key dates

Published15 Jan 2024
Submission deadline14 Feb 2024 Add to calendar ↓

Source

Source notice on Find a TenderView ↗

Lot — bid on it if it fits

This contract has one lot. Bid if it suits your firm.

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. Tenders or requests to participate must also be submitted electronically via https://supplierlive.proactisp2p.com/Account/Login Ref: PRJ/ 1000204Value not published

Who to contact

NameCommercial Manager
EmailCorporate.contracts@bankofengland.co.uk
Phone+44 2076011116

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