Award

Legal Review JPM Custody Agreement

POOL RE SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

21 Feb 2025 at 16:29

Award Notice
Summary of the contracting process

Pool Re Services Limited, headquartered in London, has recently completed a procurement process for the "Legal Review JPM Custody Agreement," classified under the legal services industry category. This tender involved the negotiation and drafting of the JPM Global Custody Agreement and related documents. The procurement used an in accordance with internal commercial policy method, and the awarded contract, valued at £25,000, commenced on 29th May 2024 and will conclude on 30th June 2025. The key milestones included the tender end date on 26th April 2024 and contract award on the same day, and notable locations include London, United Kingdom.

This tender presents substantial opportunities for businesses specialising in legal services, particularly those experienced in drafting and negotiating complex agreements. It showcases a preference for small and medium-sized enterprises (SMEs), as demonstrated by the award to HERBERT SMITH FREEHILLS LLP. Suitable businesses would benefit from engaging with such high-profile contracts, utilising the expertise gained to propel growth and enhance their portfolio. The structured procurement process by Pool Re Services Limited and the nurturing of SME participation make this contract a significant growth catalyst for qualified legal service providers.

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Notice Information

Notice Title

Legal Review JPM Custody Agreement

Notice Description

The negotiation of the JPM Global Custody Agreement on behalf of Pool Re and drafting and negotiating any ancillary documents.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a9872ee3-eab6-47f5-b56a-069154e03dc5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3f4769a7-bcf6-4d7b-9896-1867a515f497
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - in accordance with internal commercial policy
Tender Suitability
SME
Awardee Scale
SME

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
£25,000 Under £100K
Lots Value
Not specified
Awards Value
£25,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Feb 20251 years ago
Submission Deadline
26 Apr 2024Expired
Future Notice Date
Not specified
Award Date
25 Apr 20241 years ago
Contract Period
28 May 2024 - 30 Jun 2025 1-2 years
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
POOL RE SERVICES LIMITED
Contact Name
Commercial Services
Contact Email
commercialservices@poolre.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
EC4R 9AF
Post Town
Central 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
City of London
Electoral Ward
Candlewick
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

HERBERT SMITH FREEHILLS

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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