# MEIP analysis of Home Shipbuilding Credit Guarantee Scheme

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [Business Energy and Industrial Strategy](/buyers/business-energy-and-industrial-strategy/contract-awards)
- Tender value: £90,000
- Published: 23 February 2022
- Planned start: 2 March 2022
- Planned end: 1 June 2022
- Stage: open_tender
- Procurement category: services
- Notice ID: f4f4e678-3aa1-4c17-9a56-c3cf49db1b86-512626
- OCID: ocds-b5fd17-fe70c826-6ab6-4b74-9cbb-b50150878e24

## Description

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\.

## Related contract awards

- [Heat Network Efficiency Scheme - HNES MAIN](/contracts/ocds-b5fd17-ff1b5f5e-3982-4e39-b7c9-d2d23fdc232d): Business Energy and Industrial Strategy
- [Re-procurement of Hydrogen Legal Advisors](/contracts/ocds-b5fd17-48dee1e9-b7ac-43b0-a88c-f8a217ce2a34): Business Energy and Industrial Strategy
- [Sizewell C Legal Services Contract](/contracts/ocds-b5fd17-ac9c6e71-605a-4360-a5a4-5b24c0628cf8): Business Energy and Industrial Strategy

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/f4f4e678-3aa1-4c17-9a56-c3cf49db1b86-512626)