# Security Trustee Services

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [WANDLE HOUSING ASSOCIATION LIMITED](/buyers/wandle-housing-association-limited/contract-awards)
- Contract winner: M&G TRUSTEE COMPANY LIMITED
- Award value: £110,000
- Tender value: £110,000
- Award date: 19 February 2024
- Published: 21 January 2025
- Contract start: 1 April 2024
- Contract end: 31 March 2034
- Stage: awarded
- Procurement category: works
- Notice ID: 01b35dea-3faa-4e7d-bedf-41bb2e0ebdf0-819181
- OCID: ocds-b5fd17-efa86ba6-b19f-401b-b1d7-9ca3d17f8d8b

## Description

Acting as point of contact between borrowers and the secured creditors\. Ensuring that the secured assets and collateral, are released in accordance with conditions in the underlying documentation \(and full satisfaction of the relevant payment obligations\)\. Enforcing security and distributing proceeds in accordance with the relevant priority of payments\. Filing claims in bankruptcy proceedings\.

## Related contract awards

- [Leasehold and Mixed Tenure Cyclical Decorations and Externals](/contracts/ocds-b5fd17-117597ee-f95d-4c0d-a571-5dda4748617f): WANDLE HOUSING ASSOCIATION LIMITED
- [Procurement of Phase 1 Cladding and Remedial Works - Chloe Court and Thalia Court](/contracts/ocds-b5fd17-11b4b885-ddb7-4822-9844-b6e521b8bf13): WANDLE HOUSING ASSOCIATION LIMITED
- [Social Housing Asset Management and Resident Engagement Platform](/contracts/ocds-b5fd17-2a45527a-2ec2-426d-aa51-0d9aacd49e31): WANDLE HOUSING ASSOCIATION LIMITED

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/01b35dea-3faa-4e7d-bedf-41bb2e0ebdf0-819181)