Revolving Credit Facility
A Tender Notice
by LOUGHBOROUGH UNIVERSITY
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 5 year
- Value
- 1M
- Sector
- BUSINESS
- Published
- 24 Apr 2024
- Delivery
- To 31 May 2029 (est.)
- Deadline
- 31 May 2024 12:00
Concepts
Location
EAST MIDLANDS (ENGLAND)
1 buyer
- Loughborough University Loughborough
Description
The University currently has a £50 million RCF that expires in January 2025. The RCF provides a source of short-term liquidity to manage the University's cash flow cycle. The University is committed to integrating sustainability practices into its operations and seeks a financing solution that incentivises further progress towards its sustainability goals.
Renewal Options
5 years + 1 year +1 year
Award Criteria
Quality | 40.0 |
Price | 60.0 |
CPV Codes
- 66113000 - Credit granting services
Indicators
- Bids should cover the whole contract.
- Options are available.
- Renewals are not available.
- Award on basis of price and quality.
Other Information
The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Loughborough:-Credit-granting-serv... To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/7376RDN4V8 GO Reference: GO-2024424-PRO-25851583
Reference
- FTS 013281-2024