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Loan and Securities Collateral Legal Panel 2024

Published

Value

3,600,000 GBP

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. Lot 1: 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/ 1000204

Timeline

Publish date

4 months ago

Close date

3 months ago

Buyer information

Bank of England

Contact:
Commercial Manager
Email:
Corporate.contracts@bankofengland.co.uk

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Notice topic

Legal services

Related topics

Legal advisory and information servicesLegal documentation and certification servicesPatent and copyright consultancy servicesLegal advisory and representation servicesBusiness services: law, marketing, consulting, recruitment, printing and security

Source

"Find-a-Tender"
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