The Vessel must be built and delivered to the Council in Shetland, Scotland by 31st March 2029. The Council reserves the right to award the Contract on the basis of Initial Tenders without negotiation in accordance with Regulation 30(16) of the Regulations. In that scenario, the Council will not conduct the Negotiation Process or invite Final Tenders, and will move directly to Stage 4. However, the Council reserves with right to invite fewer or more candidates to Stage 2 at its sole discretion. The Council anticipates that the value of the first Vessel, covered by this Procurement, will be around 11,700,000 GBP.