This public procurement record has 2 releases in its history.

AwardUpdate

07 Sep 2026 at 12:47

Award

07 Sep 2026 at 12:37

Summary of the contracting process

National Wealth Fund Limited procured legal advisory and representation services for work relating to deals and other relevant matters. The requirement covers legal support for transactions and associated business activity under a new contract. Services are delivered in the United Kingdom. The buying organisation is based in Leeds. This is a professional legal services requirement rather than a goods supply or construction opportunity. The procurement is suitable for small and medium-sized enterprises, while participation is not reserved for voluntary, community or social enterprises. The scope is described under CPV 79110000, covering legal advisory and representation services. The selected provider is Addleshaw Goddard LLP, a large legal practice, indicating that the requirement can involve substantial commercial legal capability and support for the buyer’s deal-related work.

The procurement is complete and has been awarded through a selective call-off from a framework agreement. Addleshaw Goddard LLP was awarded the contract on 7 September 2026 for £950,000 in GBP. This is a zero-spend commitment contract with a maximum potential value of £950,000 over the whole term, so the stated value is not a guaranteed level of expenditure. The initial contract period runs from 9 September 2026 to 8 September 2027. The arrangement includes optional extensions of two years, exercised in one-year increments, taking the potential end date to 8 September 2029. The award was active when recorded. The requirement was evaluated through the framework call-off route rather than an open tender, and the procurement reached completion with one selected supplier.

This award shows that National Wealth Fund Limited uses external legal advisers for deals and related matters, with a potentially substantial requirement over the life of the arrangement. Suppliers seeking comparable work would need credible capability in commercial transaction support, legal advice and representation, and the capacity to respond to matters arising from a financial or investment-focused public body. Experience handling complex deals and providing dependable advice across relevant legal issues would strengthen a competing proposition. The buyer’s stated suitability for SMEs indicates that a smaller specialist practice could be well placed where it can demonstrate the required expertise, service capacity and resilience. Experience of framework call-offs would also be commercially relevant, since this was the route used to appoint the incumbent firm.

How relevant is this notice?

Notice Title

C1351 - Legal Contract - Addleshaw Goddard LLP

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) till 08/09/2029.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bfa511ed-102b-4971-9753-ce89600fff8b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/640eb3c4-7a4a-49e7-8556-caac5912fc0d
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
7 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
7 Sep 20261 weeks ago
Contract Period
9 Sep 2026 - 8 Sep 2027 6-12 months
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

Addleshaw Goddard LLP

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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