Business Energy and Industrial Strategy
MEIP analysis of Home Shipbuilding Credit Guarantee Scheme
This sits in the lower-middle of the Financial & Insurance Services band — a mid-scale opportunity. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.
The Department for Business Energy and Industrial Strategy (BEIS) has been developing proposals for a new Home Shipbuilding Credit Guarantee Scheme (HSCGS) replacing a previous scheme which operated from 1972-2005.
The scheme would provide Government backed guarantees for banks lending to UK ship operators for the purpose of financing the construction, completion, (radical) alteration and refit /repair of ships and mobile offshore installations (MOIs) in UK shipyards.
BEIS would underwrite a portion of the lender's losses in the event of a subsequent default on repayments by the ship operator.
What the supplier must deliver
The scheme would provide Government backed guarantees
The scheme would provide Government backed guarantees for banks lending to UK ship operators for the purpose of financing the construction, completion, (radical) alteration and refit /repair of ships and mobile offshore installations (MOIs) in UK shipyards.
Derived from the notice text — always confirm against the original documents.
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- OCID
- f4f4e678-3aa1-4c17-9a56-c3cf49db1b86
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- prj_18
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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