LIBOR - SONIA Advice
key details
| Value | £43,000 |
|---|---|
| Status | complete |
| Category (CPV) | 79100000 |
| Region | London |
| Deadline | 1 Jul 2021 |
| Contract start | 15 Jul 2021 |
| Contract end | 31 Dec 2021 |
| Procedure | selective |
| SME suitable | No |
| OCID | ocds-b5fd17-d74d5893-3715-4f3b-b73a-2a364b3910fd |
Awards (2)
This procurement was awarded to 2 suppliers. Values shown are per-award; the notice total is £43,000.
| Supplier | Value | Date | Status |
|---|---|---|---|
| DRD PARTNERSHIP LTD | £40,000 | 5 Oct 2025 | active |
| HOGAN LOVELLS INTERNATIONAL LLP | £36,000 | 30 Jun 2021 | active |
description
Provision of advice in relation to the requirement for consent to be given across a majority of the contracts in the PFI portfolio, in relation to the transition of the calculation of interest under project financing agreements, from LIBOR to SONIA, as required by the Bank of England.
The advice will be provided in relation to the requirement for consent to be given by procuring authorities in general. Support will also be provided in the background on a pilot scheme to establish the principles on which consent should be given.
notice history
2 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 29 Nov 2021 | Award (award) | · | 1bee2fd9-9b6c-4b87-b8bb-8d4e97050ce0-489118 |
| 27 Oct 2025 | Award (award) | · | c76e5aec-d465-48db-ac2d-9ef69d3cca78-869725 |
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source
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