Awarded contract

Security Trustee Services

Details

Supplier(s)
M&G TRUSTEE COMPANY LIMITED
Value
£110,000
Duration
10 years
Topic
Business services: law, marketing, consulting, recruitment, printing and security
Published
21 January 2025

Tender description

Acting as point of contact between borrowers and the secured creditors. Ensuring that the secured assets and collateral, are released in accordance with conditions in the underlying documentation (and full satisfaction of the relevant payment obligations). Enforcing security and distributing proceeds in accordance with the relevant priority of payments. Filing claims in bankruptcy proceedings.

Timeline

  1. Completed: Award date1 April 2024
  2. Completed: Award published21 January 2025
    Current notice
  3. Next: Contract expiry date31 March 2034in 7 years

About the buyer

Wandle Housing Association is a housing association supporting residents across south London, with its own procurement team handling supplier sourcing. Procurement follows the Public Contracts Regulations 2015 and its own internal rules. Suppliers with questions about live opportunities can contact the procurement team directly by email.

Wandle keeps no approved or preferred supplier list, relying instead on open competition for every opportunity.

Over the past 5 years, most of Wandle Housing Association's contract awards have been in business services, architectural and engineering services and construction work.

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Decision makers

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