PS.

HSBC contract for their solicitation work (Solicitation Agency Agreement) (con_11282)

Department for EducationcontractContracts Finder ↗Ref con_11282SME suitablecomplete

Estimated value

£75k

Awarded value

£75k

Awarded 25 Mar 2021

Suppliers

1

Lots

1

1 awarded

Published

31 Aug 2021

Deadline 18 Mar 2021

Description

The contracted work relates to solicitation of the LIBOR to SONIA base rate modification. Within the scope of this work, HSBC determined the pricing methodology for the amendment, liaised with the Rating Agencies to confirm no adverse effects of this methodology, determined the applicable adjusted margin on the pricing date and responded to queries from noteholders.

Scope

Reference
con_11282
Total value
£75,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
25 Mar 2021 to 29 Sept 2021
CPV classifications
66000000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
18 Mar 2021, 5:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£75k

Award date

25 Mar 2021

Contract start

25 Mar 2021

Contract end

29 Sept 2021

Awarded to
HU
HSBC UK BANK PLC