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SG
TenderFTS · 05f12f

DFSED-SG Bond Bookrunners

Scottish Government
Status
complete
Estimated
—
Services
Published
25 Jun 2026

Key facts

Notice ID
ocds-h6vhtk-05f12f
CPV code
66120000 · Financial services
Contract type
services
Awarded to
RBC Europe Limited
Source
Find a Tender

Timeline

  1. Published
    25 Jun 2026

Description

The Scottish Government has appointed nine external service providers to assist in accessing the sterling public bond market. From 2016, the Scottish Government’s annual limit for Capital Borrowing has been GBP 450 million, with a cumulative limit of GBP 3 billion. The 2023 Fiscal Framework review increased these limits in line with inflation, and the Scottish Government has been reviewing its capital borrowing policy options under these new limits. On 4 December 2024, the Scottish Government published a memorandum detailing the outcome of the initial due diligence and its updated capital borrowing policy in the context of the revised Fiscal Framework limits. The key objectives for the issuance of bonds includes diversifying capital funding sources, enhancing fiscal sustainability, raising Scotland’s profile among financial investors, and developing institutional fiscal discipline. On 12th November 2025 Moody’s Investors Service and Standard & Poor’s assigned inaugural credit ratings for the Scottish Government of Aa3/AA respectively, both with a stable outlook. The strength and diversity of Scotland’s economy, its strong institutional framework, as well as the Scottish Government’s prudent financial management and low levels of debt are factors highlighted in the agencies’ reports. A GBP 1.5 billion programme is expected to commence over the next parliament, with a debut benchmark bond issuance currently anticipated for late 2026 or early 2027, subject to the outcome of the Scottish Parliament election, in-year borrowing requirements and market conditions.

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496 noticesopen · sorted by deadline ascending
Page 8 of 25
Time to close
Value
Type
Buyer
Notice
Closing this week20 notices
4d
30 Jun
—
Estimated
Tender
FTS · Services
CO
COLLEGE OF POLICING LIMITED
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R&D services· Published 23 Jun
4d
30 Jun
—
Estimated
Tender
CF
DC
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R&D services· Published 15 Jun
4d
30 Jun
£50k
Estimated
Below-thresh.
FTS · Services
DC
DERBY CITY COUNCIL
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4d
30 Jun
£26.8m
Estimated
Tender
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CC
Clackmannanshire Council
Provision of partner status to providers of Early Learning and Childcare - Dynamic Purchasing System
Education & training· Published 20 May
4d
30 Jun
£3.0m
Estimated
Tender
FTS · Services
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Southend-on-Sea City Council
Intelligent Transport Systems including traffic signals, variable message signs and car park signs
Transport equipment· Published 19 May
4d
30 Jun
£198k
Estimated
Tender
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East Staffordshire Borough Council
Energy Efficiency Advisor and Fuel Voucher Service
Architecture & engineering· Published 20 May
4d
30 Jun
£1.8m
Estimated
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Construction work· Published 17 Jun
4d
30 Jun
—
Estimated
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Business services· Published 16 Jun
4d
30 Jun
£160k
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UO
University of South Wales
Welcome Pack fulfilment and postage provider
Business services· Published 16 Jun
4d
30 Jun
—
Estimated
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Rotherham Borough Council
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Business services· Published 16 Jun
4d
30 Jun
£5.0m
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Tender
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DO
Diocese of Coventry
Diocese of Coventry Master Vendor Supply
Business services· Published 21 May
4d
30 Jun
—
Estimated
Tender
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Fenland District Council
Sewage Treatment Works Replacement Scheme 2026/27
Construction work· Published 21 May
4d
30 Jun
£30k
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Arts Council Of Wales
Research into the Business and Operational Needs of the Arts Sector in Wales
R&D services· Published 21 May
4d
30 Jun
£460k
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London Borough of Barking and Dagenham
Community Money Education and Early Intervention Advice Model
Administration services· Published 22 May
4d
30 Jun
£40k
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4d
30 Jun
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Estimated
Tender
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LB
London Borough Of Islington
Arboricultural services - Tree works operations
Repair & maintenance· Published 23 Jun
4d
30 Jun
£40k
Estimated
Below-thresh.
FTS · Services
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Natural England
Assessing the wider value of agri-environment scheme heritage actions for the natural environment and for people
R&D services· Published 23 Jun
4d
30 Jun
£40k
Estimated
Below-thresh.
FTS · Services
NE
Natural England
Assessing the wider value of agri-environment scheme heritage actions for the natural environment and for people
R&D services· Published 23 Jun
4d
30 Jun
£83k
Estimated
Below-thresh.
CF
KI
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Repair & maintenance· Published 25 Jun
4d
30 Jun
—
Estimated
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Transport equipment· Published 25 Jun
Page 8 of 25
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