# British Council Commercial Loan

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

## Key facts

- Public buyer: [Foreign Commonwealth and Development Office](/buyers/foreign-commonwealth-and-development-office/contract-awards)
- Contract winner: [ERNST &amp; YOUNG LLP](/contract-winners/ernst-young/public-sector-contract-awards)
- Award value: £31,447
- Tender value: £31,447
- Award date: 1 February 2021
- Published: 20 August 2021
- Contract start: 2 July 2020
- Contract end: 26 February 2021
- Stage: awarded
- Procurement category: services
- Notice ID: fb8d1f8e-4227-49af-ad84-45abdc91d58a-462374
- OCID: ocds-b5fd17-a25e02c5-8e3c-45b5-bf07-7bdecba2cdf6

## Description

Providing advice on the terms and conditions at which a loan can be made by the FCDO to the British Council, which are commercially comparable and state aid compliant\. This will include how the loan needs to be structured and conditioned to meet terms that a private investor would provide\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/fb8d1f8e-4227-49af-ad84-45abdc91d58a-462374)
