Award

Complex Legal Advice

H M REVENUE & CUSTOMS

This public procurement record has 1 release in its history.

Award

07 Nov 2024 at 12:45

Summary of the contracting process

HM Revenue & Customs (HMRC) has completed a procurement process for providing complex legal advice associated with the Money Transmission Services (MTS) required for Government Banking in FY23/24. The existing MTS contracts, awarded in 2015, are set to expire in March 2025, necessitating this procurement effort to secure new contracts reflecting recent legal, regulatory, and industry changes. This tender, classified under CPV code 79100000 (Legal services), utilised a direct, single tender action procurement method and was awarded to Eversheds Sutherland (International) LLP for the amount of £100,000. The contract period spans from 15 October 2024 to 14 October 2025, with the official contract award notice published on 7 November 2024.

This tender represents significant business growth opportunities, particularly for law firms specialising in finance and regulatory compliance. As a high-value contract from a major UK government department, it underscores the potential for legal service providers to cater to the evolving demands of public sector clients. Small and medium enterprises (SMEs) can note that HMRC's procurement landscape includes provisions for their participation. Firms with robust expertise in addressing bespoke legal requirements influenced by changes in the financial services sector would be strong contenders for such tenders.

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Notice Title

Complex Legal Advice

Notice Description

HMRC intends to procure key Money Transmission Services ("MTS") on behalf of Government Banking in FY23/24. The existing MTS contracts were awarded in 2015 and will expire in March 2025. As a result of legal and regulatory changes, as well as developments in the payments industry landscape, it is expected the new contracts will require bespoke amendments for which HMRC requires specialist legal advice.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1e55d07f-dc77-4e89-a4ab-3edd5ca81b69
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b7377d02-4922-4872-ac94-ea0e7d749786
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
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
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£100,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Nov 20241 years ago
Submission Deadline
1 Oct 2024Expired
Future Notice Date
Not specified
Award Date
10 Oct 20241 years ago
Contract Period
14 Oct 2024 - 14 Oct 2025 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
H M REVENUE & CUSTOMS
Contact Name
James Power
Contact Email
james.power1@hmrc.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
SALFORD
Postcode
M3 5BS
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified

Local Authority
Salford
Electoral Ward
Blackfriars & Trinity
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
1
Supplier Name

EVERSHEDS SUTHERLAND (INTERNATIONAL

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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