This public procurement record has 1 release in its history.

AwardUpdate

17 Aug 2026 at 12:30

Summary of the contracting process

National Wealth Fund Limited procured legal advisory and representation services for work connected with deals and other relevant matters. The requirement covers a legal services contract rather than a specific construction, technology or goods supply. Delivery is for the buyer’s work in the United Kingdom. The buying organisation is National Wealth Fund Limited, based in Leeds. The service is categorised as legal advisory and representation, covering advice and representation needed to support transactions and related activities. The procurement was suitable for small and medium-sized enterprises, although the selected supplier was a large organisation. The appointed legal provider is Pinsent Masons LLP, based in London.

The procurement is complete and was awarded on 3 December 2025 to Pinsent Masons LLP. It used a selective procedure as a call-off from a framework agreement. The award value is up to £950,000, with zero committed spend, over the whole contract term. The contract period runs from 4 December 2025 to 3 December 2027. The original tender described a one-year period ending 3 December 2026, with an optional two-year extension in two one-year increments; the awarded contract therefore reflects the extended end date. The award is active, and the procurement outcome records Pinsent Masons LLP as the selected supplier.

This award shows that National Wealth Fund Limited buys external legal support for deals and associated matters through a framework call-off route. A credible competitor for a future requirement would need demonstrable capability in transactional legal work, including advising on deals and handling related legal matters for a public-sector investment organisation. The requirement is potentially accessible to SMEs, so a smaller specialist practice could be relevant if it can provide suitable legal expertise, reliable capacity and coverage for the buyer’s United Kingdom activities. The incumbent is a large law firm, indicating that the buyer has accepted a provider able to support substantial or complex requirements at this scale.

How relevant is this notice?

Notice Title

C1198 - Legal Services - Pinsent Masons

Notice Description

New contract to cover legal work in relation to deals and other relevant matters. This is a zero-spend commitment contract up to a maximum potential value of PS950,000 over the whole term. Optional extension of two years in increments of one year (1 year plus 1 year), contract has been extended to 03/12/2027.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5023694a-02f0-4ca8-9504-8de51214b668
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0101eb81-8f51-4495-bf25-eebf9c13abfc
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

79110000 - Legal advisory and representation services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£950,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
17 Aug 20261 weeks ago
Submission Deadline
3 Dec 2025Expired
Future Notice Date
Not specified
Award Date
3 Dec 20258 months ago
Contract Period
4 Dec 2025 - 3 Dec 2027 1-2 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
UK Infrastructure Bank Limited
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Postcode Area
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

Pinsent Masons LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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