Legal Services to support the Shipbuilding Credit Guarantee Scheme (SCGS)
Reference ocds-b5fd17-e3bb18ac-28e5-4973-aa35-f3c93f844ccf · Department for International Trade
Awarded to Dentons UK and Middle East LLP for £135,000.
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Amounts and figures
Description
The supplier will be required to commit to the following. - Advising on the creation of and producing template documentation for the purpose of the Shipbuilding Credit Guarantee Scheme based on UKEF's Standard Buyer Loan Guarantee product by incorporating (i) provisions relevant to ship finance secured transactions (including but not limited to ship finance security specific provisions) and (ii) scheme specific requirements including (but not limited to) 80/20 split, premium normally being payable from loan interest (as per Export Development Guarantee Facilities Agreement). - Advising on and producing a pre and post-delivery secured ship finance template facilities agreement (long-form facility agreement) in line with shipping market practice and a template DBT guarantee to be used in the delivery of the UK government's Shipbuilding Credit Guarantee Scheme (SCGS). Both the template facility agreement and the template guarantee will be based on the UK Export Finance (UKEF) Development Guarantee documentation which includes UKEF specific policy requirements.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Dentons UK and Middle East LLP | £135,000 | 6 February 2024 |
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | efc7adec-9e6c-4a68-9dde-7abd5f5df68d-728529 | 4 March 2024 |
| Contracts Finder | efc7adec-9e6c-4a68-9dde-7abd5f5df68d-728529 | 4 March 2024 |
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Frequently asked questions
- What is the deadline to bid for this tender?
- The submission deadline is 5 February 2024, 12:00. Check the official source, as dates can be modified.
- What is the estimated value of this tender?
- The estimated value published by the buyer is £135,000.
- Who is the buyer of this tender?
- The contracting authority is Department for International Trade (United Kingdom).
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