Award

LIBOR transition amendments x5 Boeing

UK EXPORT FINANCE

This public procurement record has 1 release in its history.

Award

18 Aug 2023 at 09:15

Award Notice
Summary of the contracting process

The UK Export Finance has awarded a contract for Legal Advice Services to implement USD LIBOR transition amendments for five Boeing 787-9 aircraft. The contract has a value of £20,000 GBP and was awarded to ALLEN & OVERY LLP. The procurement method used was selective, and the tender period ended on 14th May 2023, with a contract period from 15th May 2023 to 15th February 2024. The contract was initiated through a tender process and is now in the award stage.

This tender provides an opportunity for legal advisory services to support the transition from USD LIBOR for UK Export Finance. Businesses in the legal advisory services industry, especially those experienced in financial transitions and aviation financing, would be well-suited to compete. The UK location of the procurement, specifically in London with the postcode SW1A 2HQ, allows local businesses to easily engage in the process and potentially grow their client base through successful participation in this contract.

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Notice Information

Notice Title

LIBOR transition amendments x5 Boeing

Notice Description

Legal Advice Services to implement USD LIBOR transition amendments in respect of the fixed rate UK Export Finance supported financing of five (5) Boeing 787-9 aircraft

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-19a68237-7026-42af-893f-9e44fde69bb6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/392a65fa-05e4-42ba-a175-197faab69230
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79111000 - Legal advisory services

Notice Value(s)

Tender Value
£20,000 Under £100K
Lots Value
Not specified
Awards Value
£20,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Aug 20232 years ago
Submission Deadline
14 May 2023Expired
Future Notice Date
Not specified
Award Date
13 May 20232 years ago
Contract Period
14 May 2023 - 15 Feb 2024 6-12 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
UK EXPORT FINANCE
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
SW1A 2HQ
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
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ALLEN & OVERY

Further Information

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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