Legal Services to support the Shipbuilding Credit Guarantee Scheme (SCGS)
Department for International Trade · United Kingdom
Key facts
- Contract value
- £135,000
- Awarded
- 06 Feb 2024
- Contract starts
- 06 Feb 2024
- Contract ends
- 19 Mar 2024
- Procedure
- Call-off from a framework agreement (framework)
- Buyer type
- Central government
- Source
- Contracts Finder
Awarded to
| Supplier | Value |
|---|---|
| Dentons UK and Middle East LLP | £135,000 |
Description
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.
Categories (CPV)
- 79100000 Legal services
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