Award

UK SBS Project Madison - Legal Services

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 2 releases in its history.

Award

21 Mar 2018 at 16:39

Award Notice
Tender

18 Nov 2016 at 20:15

Tender Notice
Summary of the contracting process

The UK Shared Business Services Limited is conducting a tender process for the Project Madison, aimed at procuring legal services to support the potential sale of two portfolios in private equity funds. The tender, titled "UK SBS Project Madison - Legal Services," falls under the legal services category and was published on 5th April 2016, with the submission deadline for bids set for 18th April 2016. The contract period is scheduled to commence on 25th April 2016, running until 31st July 2016. Interested parties must complete a Non-Disclosure Agreement (NDA) by 11th April 2016 at 13:30 to access full tender details.

This tender presents significant growth opportunities for legal firms, particularly those experienced in financial services, private equity, and M&A transactions, given the sensitivities associated with the portfolios involved. Additionally, small to medium-sized enterprises (SMEs) are encouraged to participate, as they may bring innovative solutions tailored to the specific needs of the UK Shared Business Services Limited. Successful bidders will be responsible for a comprehensive range of legal activities, including document review, drafting, and negotiations, enhancing their capability within this attractive market segment.

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Notice Information

Notice Title

UK SBS Project Madison - Legal Services

Notice Description

A company owned by The Department for Business,Innovation and Skills (BIS) is looking to procure a legal adviser to execute a potential sale of two portfolios of interests in private equity funds. BIS Co is open to selling the portfolios together or separately to maximise value achieved, and is able to retain one or both portfolios if satisfactory terms and value for money cannot be achieved in a transaction. The expectation is that the interests will be sold at the portfolio level rather than individual funds transferred. Scope will include a review of each portfolio's LPA documents, a review of transaction documents, drafting and negotiating buyers NDAs, preparing a draft PSA, conducting PSA negotiations and drafting and negotiating transfer documents. Additional information: This requirement is of a sensitive nature and requires the signing of a Non-Disclosure Agreement (NDA) before any other additional information can be provided. You will find this NDA attached to this notice. Non-Disclosure Agreement (NDA) The NDA must be returned fully completed to Professionalservices@uksbs.co.uk and Thomas.ellis@uksbs.co.uk by 13:30 on 11/04/2016 to guarantee that you have full access to the information for the full tender period. You must print the NDA, complete the Tabled areas with the required details and scan back to the above email addresses by the deadline to be able to access the sourcing documents. You can submit a compliant NDA after this deadline, however there is no guarantee that you will benefit from the full tender period. Please note: Without the submission of a compliant NDA, your organisation WILL NOT be added to the eSourcing portal and you WILL NOT gain access to any further information. Submitting a Bid - UK Shared Business Services eSourcing As part of the strategic alliance between UK Shared Business Services Ltd (UK SBS) and Crown Commercial Service (CCS), UK SBS can use the CCS eSourcing Suite for future procurements. If you have not yet registered on the eSourcing Suite, this can be done online at https://gpsesourcing.cabinetoffice.gov.uk by following the link 'Register for CCS eSourcing'. Please note that, to register, you must have a valid DUNS number (as provided by Dun and Bradstreet) for the organisation which you are registering, who will be entering into a contract if invited to do so. The Sourcing documents can then be accessed on the eSourcing Suite at: https://gpsesourcing.cabinetoffice.gov.uk. As a user of the e-Sourcing Suite you will have access to Emptoris email messaging service which facilitates all messages sent to you and from you in relation to any specific RFX event. Please note it is your responsibility to access these emails on a regular basis to ensure you have sight of all relevant information. For technical assistance on use of the e-Sourcing Suite please contact Crown Commercial Service Helpdesk : Telephone: 0345 010 3503 Training documents to support Bidders to utilise Emptoris CCS eSourcing are available in the Contracts Finder Tender documents section.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-843ea62a-adc9-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/684831fb-953d-4f99-acf1-178ddc738f1e
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Other
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
Not specified
Lots Value
Not specified
Awards Value
£100,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Mar 20187 years ago
Submission Deadline
18 Apr 2016Expired
Future Notice Date
Not specified
Award Date
5 May 20169 years ago
Contract Period
8 May 2016 - 31 Jul 2016 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
UK SHARED BUSINESS SERVICES 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
SWINDON
Postcode
SN2 1FF
Post Town
Swindon
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified
Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

KING & WOOD MALLESONS

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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