Subscription Agreement

Award

Value

£106,000

Suppliers

Classifications

  • Financial and insurance services

Tags

  • award

Submission Deadline

3 years ago

Published

3 years ago

Description

Supply of Service
2.1 Pendragon agrees to provide the Service to the Subscriber and the Subscriber agrees to 
subscribe to the Service upon and subject to the terms and conditions of this Agreement.
2.2 Pendragon grants to the Subscriber a non-exclusive non-transferable revocable right to 
access the Content as part of the Service in accordance with this Agreement.
2.3 Pendragon will provide the Service or permit the Subscriber to access the Service over 
the internet through such url(s) as Pendragon makes available from time to time.
2.4 The Subscriber shall only permit access to and use of the Service or Content by Permitted 
Employees. Such Permitted Employees may access the Services and Content as set out in 
clause 2.3 above. The Subscriber shall not make the Service or Content available to 
employees or any individual other than as set out in this clause and shall not make the 
Service or Content available to any third party.
2.5 Pendragon will provide telephone advice on day to day enquiries in respect of 
understanding and operating the Service during normal working hours from Mondays to 
Fridays inclusive except for: (1) bank holidays and (2) up to four business days in any 
Subscription Year as nominated by Pendragon.

Documents

Premium

Bypass the hassle of outdated portals. Get all the information you need right here, right now.

  • Contract Agreement

    The official contract terms, conditions, and scopes of work.

    Download
  • Award Notice

    Details on the tender award and selected suppliers.

    Download

Similar Contracts

Open

Ofgem 2025-011 Benchmarking Services for OFTO Tender Rounds 10-14

The OFTO team requires a benchmarking advisor to provide support on OFTO transactions and ensure that the most competitive pricing of any financial instrument is achieved at financial close. The advisor will need to demonstrate that a clear and transparent process is followed in arriving at this pricing. They will also ensure that the terms of financing of the three projects within Tender Round 10 (TR10), one project in Tender Round 11 (TR11), one project in Tender Round 12 (TR12) and three projects in Tender Round 13 (TR13) are favourable for consumers. Ofgem do plan on extending this work to Tender Round 14 (TR14) but the scope of this work is not yet known. The supplier shall provide expert advice on the hedging process up to and at Financial Close (FC) on TR10, TR11, TR12, TR13 and TR14. The scope of work is as follows: * Review the structure of the interest rate and inflation hedging profiles and calculations and confirm that this is an acceptable structure or alternatively provide review of the structuring of underlying GILT for pricing any public bond. * Provide indicative market pricing/updated pricing on all hedging and underlying GILT on request to ensure the most competitive rates are achieved. * Proactive alerts on material market movements which may impact the pricing, including forewarning of any market activity which may create volatility and advise on how to manage this. * Agree hedge term sheets/model outputs with the hedge providers where necessary. * Provide/review the proposed execution protocol for the required hedging and/or bond issuance and negotiate this protocol with the hedge bank(s)/providers as necessary. * Undertake offline benchmark pricing exercises to establish mid-market levels and ensure pricing is agreed as a margin over mid-level. * Identify any anomalies which may indicate additional margins for the hedge providers. * Coordinate dry run pricing leading up to the FC and manage a series of 'dry runs' with all relevant parties, including but not limited to Ofgem and its financial adviser(s)plus the FC execution call. * Advisors are also required to liaise directly with Ofgem on any issues identified.

Katy Reed

Published 3 days ago

AI Bid Assistant

Our AI-powered tool to help you create winning bids is coming soon!

View Contract Source Save Contract

Timeline complete

Publish
Bid
Evaluate
Award
Complete