Published date: 31 August 2021

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 18 March 2021, 5pm

Contract summary

Industry

  • Financial and insurance services - 66000000

Location of contract

England

Value of contract

£75,000

Procurement reference

con_11282

Published date

31 August 2021

Closing date

18 March 2021

Closing time

5pm

Contract start date

25 March 2021

Contract end date

30 September 2021

Contract type

Service contract

Procedure type

Single tender action (below threshold)

A direct contract with a single supplier, without competition.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No


Description

The contracted work relates to solicitation of the LIBOR to SONIA base rate modification. Within the scope of this work, HSBC determined the pricing methodology for the amendment, liaised with the Rating Agencies to confirm no adverse effects of this methodology, determined the applicable adjusted margin on the pricing date and responded to queries from noteholders.


Award information

Awarded date

25 March 2021

Contract start date

25 March 2021

Contract end date

30 September 2021

Total value of contract

£75,000

This contract was awarded to 1 supplier.

HSBC UK BANK PLC

Address

1 Centenary Square Birmingham B1 1HQ

Reference

Companies House number: 09928412

Supplier is SME?

No

Supplier is VCSE?

No


About the buyer

Address

Sanctuary Buildings
Great Smith Street
London
SW1P 3BT
England

Email

contract-grant.data@education.gov.uk

Website

https://www.gov.uk/government/organisations/department-for-education/about/procurement