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Revolving Credit Facility

发布时间	所属地区	所属机构	语言
2024年04月26日	--	--	英语 (English) 中文

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Published date: 24 April 2024

Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.

Contract summary

Industry

Credit granting services - 66113000

Location of contract

East Midlands

Value of contract

£1,050,000

Procurement reference

BIP857018596

Published date

24 April 2024

Closing date

31 May 2024

Closing time

12pm

Contract start date

19 February 2025

Contract end date

31 January 2030

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Description

The University currently has a £50 million RCF that expires in January 2025. The RCF provides a source of short-term liquidity to manage the University's cash flow cycle. The University is committed to integrating sustainability practices into its operations and seeks a financing solution that incentivises further progress towards its sustainability goals.