Civic Signal GUEST
ROWS
API PATHS
Docs Sign in
Browsing as a guest. A free key raises the rate limit.

Legal Services to support the Shipbuilding Credit Guarantee Scheme (SCGS)

Contracts Finder notice active GET /api/v1/contracts/25060
£135,000
value
GBP
6 Feb 2024
awarded
1
suppliers named

Who

Buyer Department for International Trade — not a council we hold
Supplier Dentons UK and Middle East LLP

What

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.

Dates and source

Runs 6 Feb 2024 to 19 Mar 2024
OCID ocds-b5fd17-e3bb18ac-28e5-4973-aa35-f3c93f844ccf
Notice Read it on Contracts Finder

Figures are as published An award value in OCDS may be a framework ceiling rather than a sum anyone expects to spend, so a large figure here is not evidence of a large purchase.