Award

Homes England - Legal Framework - Legal Advice on Loan Documentation Reviews for Private Rented Sector Guarantee Scheme (PRSGS) Transactions

HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY)

This public procurement record has 1 release in its history.

Award

24 Aug 2020 at 09:16

Summary of the contracting process

The recent procurement process initiated by Homes England, titled "Homes England - Legal Framework - Legal Advice on Loan Documentation Reviews for Private Rented Sector Guarantee Scheme (PRSGS) Transactions," falls under the legal services sector. This procurement, classified as a tender, is based in London, England, and was awarded on 24 August 2020. The contract period is set to run from 25 August 2020 to 30 July 2021, with a total contract value of £8,172.50. Successful firms, Mills & Reeve LLP and Berwin Leighton Paisner, will provide legal advice on loan documentation for up to ten loans related to the PRSGS, with no further competition among the firms for each loan selection.

This tender presents significant opportunities for legal service providers, particularly small and medium-sized enterprises (SMEs) in the legal industry, which can leverage this contract to establish or expand their presence in the public sector. With Homes England directly selecting advisors for each loan transaction, firms that demonstrate expertise in legal frameworks and loan documentation are well-positioned to compete for future engagements. This could also benefit large firms looking to collaborate with SMEs, as the procurement model encourages a range of legal suppliers to participate, fostering growth in both sectors.

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Notice Title

Homes England - Legal Framework - Legal Advice on Loan Documentation Reviews for Private Rented Sector Guarantee Scheme (PRSGS) Transactions

Notice Description

Homes England is looking to appoint up to 3 Panel firms to provide legal advice on loan documentation reviews as outlined below. The successful firms will be eligible to be considered as advisors on the next 10 loans advanced under the Private Rented Sector Guarantee Scheme (PRSGS), with Homes England selecting which of the successful firms to instruct in relation to each loan at the point the Services are required. This selection will be made at Homes England's discretion without any further competition between the successful firms, and each firm will be notified of who has been selected in each case. Homes England expects each successful firm to be appointed to provide the Services in relation to at least one of loans that are the subject of this competition.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-155cf4aa-6c9c-4a8f-a087-c8e1a84d7d4e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0c87fb31-d3cc-41cc-8dec-0d654d86b633
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not applicable
Tender Suitability
SME
Awardee Scale
Large

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
£8,172 Under £100K
Lots Value
Not specified
Awards Value
£8,172 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Aug 20205 years ago
Submission Deadline
21 Aug 2020Expired
Future Notice Date
Not specified
Award Date
23 Aug 20205 years ago
Contract Period
24 Aug 2020 - 30 Jul 2021 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY)
Contact Name
Not specified
Contact Email
etendering@homesengland.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1H 0TL
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
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
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
2
Supplier Names

BERWIN LEIGHTON PAISNER

MILLS & REEVE

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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