Award

UKEF Legal Services General Export Facility (GEF) NFBI

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 2 releases in its history.

AwardUpdate

01 Jul 2022 at 13:14

Award Notice
Award

01 Jul 2022 at 13:11

Award Notice
Summary of the contracting process

The public procurement contract titled "UKEF Legal Services General Export Facility (GEF) NFBI" was awarded by the Department for International Trade for the provision of legal advice to UK Export Finance in relation to non-bank financial institution lenders. The procurement process was classified as a tender and utilised a direct procurement method through a single tender action below threshold. The contract period commenced on 27 June 2022 and will conclude on 9 August 2022, with a total contract value of £45,000. The key deadline for the tender period was on 9 May 2022.

This contract presents significant opportunities for law firms experienced in providing legal services related to financial institutions and export finance. Businesses that specialise in legal advisory services, particularly those familiar with Master Guarantee Agreements and the workings of non-bank financial institutions, would be well-positioned to compete in similar future tenders. Engaging with public contracts can enhance a business’s portfolio and lead to further contracts in the lucrative area of governmental legal services.

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Notice Information

Notice Title

UKEF Legal Services General Export Facility (GEF) NFBI

Notice Description

Provision of legal advice to UK Export Finance in dealing with GEF non-bank financial institution (NFBI) lenders and related Master Guarantee Agreements (MGAs)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5b3021bd-7641-40e8-83ab-287186606386
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9a913ea1-b18f-45dd-bad5-3717f27d0733
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
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
£45,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Jul 20223 years ago
Submission Deadline
9 May 2022Expired
Future Notice Date
Not specified
Award Date
26 Jun 20223 years ago
Contract Period
26 Jun 2022 - 9 Aug 2022 1-6 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
DEPARTMENT FOR INTERNATIONAL TRADE
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 2BL
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

HOGAN LOVELLS INTERNATIONAL

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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