Object Services: financial services market to finance extraordinary expenses.
Place of performance: City of Farciennes, Rue de la Liberté 40-6240 Farciennes
The market in question has as object the funding and possible grant discounts of investments registered in 2016 budget and possible budget changes.
When a budget modification resuming investments were to be made subsequently to the notification of the market, they would be automatically included in this market with the conditions established in the award.
The contract also includes services related to finance, which will be provided throughout the market. The loans will be made available through drawdowns as and when required by the administration.
The tenderer's attention is drawn to the fact that this is an estimated amount and the drawing right shall be exercised only for financing investments definitely committed, without that entitles the contractor to any compensation.
• Lot 1 "5 years Borrowings - rate reset frequency: fixed"
Loans with a term of 5 years to finance extraordinary expenses in 2016 and prior years, as well as services relating thereto which will be provided throughout the duration of the contract.
imputation frequency of interest and the commitment fee on the credit line: Quarterly.
Periodicity of the amortization of capital and the crediting of interest: half-yearly and annual interest for for capital.
amortization of capital Type: Progressive block (equal installments).
Lot 2 "Borrowings 10 years - rate reset frequency: fixed"
Borrowing a term of 10 years to finance extraordinary expenses in 2016 and prior years, and the services are rela ...