Award

GMCA 1223 GM Housing Fund - Moor Lane PRS: Legal Services

GREATER MANCHESTER COMBINED AUTHORITY

This public procurement record has 1 release in its history.

Award

18 Nov 2024 at 11:14

Award Notice
Summary of the contracting process

The Greater Manchester Combined Authority (GMCA) has completed a direct award procurement process titled "GMCA 1223 GM Housing Fund - Moor Lane PRS: Legal Services." This tender pertains to the legal services required for a £12.8m loan for a residential development in Bolton town centre. The contract, categorised under legal services (CPV id: 79100000), includes the preparation and negotiation of various legal agreements, property and construction due diligence, and management of the legal completion process. The contract period is from 30th September 2024 to 28th February 2025, with an overall value of £42,000 GBP. The award was made on 23rd August 2024 to Squire Patton Boggs (UK) LLP.

This tender creates significant opportunities for legal firms, particularly those familiar with property and construction law, to expand their portfolio by working on a high-value housing development project. Small and medium-sized enterprises (SMEs) specialising in legal services are especially well-suited to compete in this type of procurement. The completion of such a contract can enhance their reputation and visibility within the legal and real estate sectors, fostering further business growth and collaboration opportunities with public authorities like GMCA.

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Notice Information

Notice Title

GMCA 1223 GM Housing Fund - Moor Lane PRS: Legal Services

Notice Description

Legal services in connection with a PS12.8m loan from GMCA's Housing Investment Loans Fund for a residential development in Bolton town centre, including: - The preparation and negotiation of legal agreements including a loan facility agreement, security agreement, equity investment agreement and intercreditor deed; - The carrying out of property and construction due diligence - Management of the legal completion process, including the satisfaction of Conditions Precedent.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-02dcdeca-1e3b-40e2-b6bb-0f8e77ce04b3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/06efc909-7eaf-4dba-aa9c-15ccb513d59d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79100000 - Legal services

Notice Value(s)

Tender Value
£42,000 Under £100K
Lots Value
Not specified
Awards Value
£42,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20241 years ago
Submission Deadline
22 Aug 2024Expired
Future Notice Date
Not specified
Award Date
22 Aug 20241 years ago
Contract Period
29 Sep 2024 - 28 Feb 2025 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
GREATER MANCHESTER COMBINED AUTHORITY
Contact Name
Kelechi Iheanachor
Contact Email
kelechi.iheanachor@greatermanchester-ca.gov.uk
Contact Phone
+44 1616083577

Buyer Location

Locality
MANCHESTER
Postcode
M1 6EU
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
1
Supplier Name

SQUIRE PATTON BOGGS (UK

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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