Loan and Securities Collateral Legal Panel
The Bank of England (the "Bank") lends through its market operations against eligible collateral delivered by firms.
This takes the form of either loan or securities collateral.
To ensure that the collateral is eligible for the Bank's operations, legal due diligence is required, particularly when it comes to loan collateral.
The Bank is therefore seeking 3 law firms to be part of a framework and to conduct legal reviews relating to collateral on a case-by-case basis.
The overall contract value includes the costs of all reviews, which will ultimately be recharged to the firm that is seeking to position the collateral with the Bank.
The procurement documents are available for unrestricted and full direct access, free of charge, at https://supplierlive.proactisp2p.com/Account/Login
What the supplier must deliver
To ensure that the collateral is eligible
To ensure that the collateral is eligible for the Bank's operations, legal due diligence is required, particularly when it comes to loan collateral.
Derived from the notice text — always confirm against the original documents.
Make the case to bid
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- OCID
- f4875d9a-2fc8-4632-ace1-79ca6311d018
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- PRJ/1000151
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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