MEIP analysis of Home Shipbuilding Credit Guarantee Scheme

A Tender Notice
by BUSINESS ENERGY AND INDUSTRIAL STRATEGY

Source
Contracts Finder
Type
Contract (Services)
Duration
3 month
Value
£70K-£90K
Sector
BUSINESS
Published
15 Feb 2022
Delivery
02 Mar 2022 to 01 Jun 2022
Deadline
25 Feb 2022 17:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers
Business Energy & Industrial Strategy
Leaflet | Map tiles by Stamen Design, under CC BY 3.0. Data by OpenStreetMap, under ODbL.

Description

The Department for Business Energy and Industrial Strategy (BEIS) has been developing proposals for a new Home Shipbuilding Credit Guarantee Scheme (HSCGS) replacing a previous scheme which operated from 1972-2005. The scheme would provide Government backed guarantees for banks lending to UK ship operators for the purpose of financing the construction, completion, (radical) alteration and refit /repair of ships and mobile offshore installations (MOIs) in UK shipyards. BEIS would underwrite a portion of the lender's losses in the event of a subsequent default on repayments by the ship operator.

CPV Codes

  • 66152000 - Financial market regulatory services

Indicators

  • Contract is suitable for SMEs.

Other Information

Service requirement and details of application process HSCGS MEIP analysis full ITT (Final 15022022).docx

Reference

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