Award

Contract variation of Legal Services for New Nuclear

BUSINESS ENERGY AND INDUSTRIAL STRATEGY

This public procurement record has 3 releases in its history.

Award

12 Aug 2022 at 07:36

AwardUpdate

16 Jul 2018 at 13:47

Award

05 Jul 2018 at 15:10

Summary of the contracting process

The Business Energy and Industrial Strategy organisation has awarded a contract variation for Legal Services for New Nuclear projects. The contract involves Legal services with a minimum value of £10,000,000 and a total value of £15,000,000. The procurement method used was selective, and the contract period is from November 13, 2017, to December 20, 2023.

This tender for Legal Services in the nuclear sector, awarded to Linklaters LLP, presents business growth opportunities in the legal advisory services industry. Companies with expertise in commercial legal advice and experience in the nuclear sector would be well-suited to compete. The project is based in London, England, and involves work on critical project negotiations and investment activities.

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Notice Title

Contract variation of Legal Services for New Nuclear

Notice Description

Linklaters provide all commercial legal advice to the New Nuclear a critical enabler to the financing / technical / policy and investment workstreams of this complex and fast paced project. Linklaters have supported the project since its inception and their experience on similar projects (including the Thames Tideway Tunnel which was funded through a regulated asset base (RAB), which is the approach for the SZC project), expertise in the nuclear sector and corporate knowledge/experience of the project and its multiple workstreams / stakeholders makes them a critical enabler for project success. Linklaters are intrinsically involved in multiple concurrent and planned negotiations and workstreams, and it is not feasible or desirable to extricate them at this critical juncture. The introduction of a new supplier would disrupt sensitive negotiations, and the read-in time and background would be significant. Under PCR 2015 Regulation 72(1b) (ii) which permits 50% of the original contract value to be varied (PS5,000,000 ex- VAT). This will ensure consistent support to the project through the capital raise process and provide enough time to consider longer term procurement / commercial positions in more detail.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3412eb01-7122-43f1-9904-cfbab1e4f4f6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8326e82b-9143-4ac1-9a67-1867c2982ae0
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

79100000 - Legal services

Notice Value(s)

Tender Value
£15,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£25,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
12 Aug 20223 years ago
Submission Deadline
10 Nov 2017Expired
Future Notice Date
Not specified
Award Date
6 Nov 20178 years ago
Contract Period
13 Nov 2017 - 20 Dec 2023 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BUSINESS ENERGY AND INDUSTRIAL STRATEGY
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
SW1H 0ET
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
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

LINKLATERS

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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