Open competition
Open procedure: the contract was advertised and any supplier could submit a bid.
Key facts
- Buyer
- Scottish Government · Ministry or any other national or federal authority, including their regional or local subdivisions
- Suppliers
- Banco Santander, S.A., London Branch, Barclays Bank Plc, Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, HSBC Bank plc, Merrill Lynch International, NatWest Markets Plc, RBC Europe Limited, Standard Chartered Bank
- Value
- £5,000,000
- Procedure
- Open procedure
- Sector
- Financial & insurance services · Investment banking services and related services (CPV 66120000)
- Region
- Scotland
- Official notice
- 059825-2026 on Find a Tender
- Timeline
-
- Contract date18 Jun 2026
- Published25 Jun 2026Published 7 days after the contract date
Description
The Scottish Government has established a multi-supplier Framework Agreement with a duration of four years to cover multiple debt issuance. The framework will include nine banks, each with the opportunity to act as Lead Manager for any future bond issuance. The top four ranked tenderers will act as Lead Manager on the inaugural bond issuance. While this requirement was exempt from the Public Contracts (Scotland) Regulations 2015 under Regulation 11(1)(f) and excluded from the scope of the Procurement Reform (Scotland) Act 2014 under Section 4, the Scottish Government conducted the procurement in accordance with the principles set out in the Scottish Procurement Policy Handbook. Throughout the procurement process, consideration was given to: - Achieving Value for Money (VfM) - Ensuring transparency, fairness and accountability - Compliance with internal procurement policies and financial regulations The framework value of 5milllion GBP represents the maximum aggregate value of call-off…
About the suppliers
Banco Santander, S.A., London Branch: every public contract they have won.
Barclays Bank Plc: every public contract they have won, plus their Companies House record (company 01026167).
Citigroup Global Markets Limited: every public contract they have won.
Deutsche Bank AG, London Branch: every public contract they have won.
HSBC Bank plc: every public contract they have won.
Merrill Lynch International: every public contract they have won.
NatWest Markets Plc: every public contract they have won.
RBC Europe Limited: every public contract they have won.
Standard Chartered Bank: every public contract they have won.