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Legal services from external counsel

Bank of England

This public procurement record has 1 release in its history.

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25 Aug 2022 at 10:52

Award Notice
Summary of the contracting process

The Bank of England has awarded a contract for legal services from external counsel under the selective procurement method. The contract was direct awarded to Ashurst LLP via a crown commercial services framework agreement. The contract is valued at £210,000 and has a contract period starting on May 5, 2022, and ending on May 31, 2023. The tender period ended on May 4, 2022. The procurement process was initiated on May 4, 2022, revealing opportunities for businesses in the legal advisory and information services industry.

This procurement process by the Bank of England can be beneficial for large legal service providers looking to expand their clientele. It involves the provision of legal services from external counsel, creating opportunities for legal firms to showcase their expertise. Businesses operating in the legal advisory sector and large-scale legal service providers would be well-suited to compete for this contract. The contract provides a chance to engage with a prominent financial institution and establish lasting partnerships within the legal services industry.

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Notice Information

Notice Title

Legal services from external counsel

Notice Description

The procurement of legal services from external counsel. This contract was direct awarded to Ashurst LLP via a crown commercial services framework agreement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1958cb70-cac9-4e06-9f39-36325b9de0a7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4b654429-0e04-4a35-9bf9-816fcbab0399
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79140000 - Legal advisory and information services

Notice Value(s)

Tender Value
£210,000 £100K-£500K
Lots Value
Not specified
Awards Value
£210,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Aug 20224 years ago
Submission Deadline
4 May 2022Expired
Future Notice Date
Not specified
Award Date
4 May 20224 years ago
Contract Period
5 May 2022 - 31 May 2023 1-2 years
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
Bank of England
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2R 8AH
Postcode Area
Central 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
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Ashurst LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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