Award

*UKEF* USD LIBOR replacement and other services in respect of three airbus aircrafts

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 1 release in its history.

Award

27 Feb 2023 at 10:41

Summary of the contracting process

The Department for International Trade has awarded a contract for legal advisory services to Watson Farley & Williams LLP under the title *UKEF* USD LIBOR replacement and other services in respect of three Airbus aircrafts. The procurement method was selective, with a call-off from a framework agreement. The tender period ended on 9th February 2023, and the contract period is from 22nd February 2023 to 21st October 2023. The contract value is £500,000 and the contract was awarded on 22nd February 2023.

This tender presents a business opportunity for legal service providers specialised in advisory services. The contract, awarded by the Department for International Trade, offers a lucrative engagement to assist in replacing LIBOR references in financing documentation for three Airbus aircrafts. Businesses with capabilities in legal services within the specific industry category should consider competing in similar tenders to grow their clientele and revenue streams.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

*UKEF* USD LIBOR replacement and other services in respect of three airbus aircrafts

Notice Description

UK Export Finance have purchased legal services to assist them with the documentation for the proposed amendments required to replace all LIBOR references in the financing documentation in respect of three Airbus Aircrafts.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c875d6e9-42bc-4de8-9a9a-02b2a4d0a7fa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/aacc1814-0c5d-4651-8159-7e7fe1c74962
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79111000 - Legal advisory services

Notice Value(s)

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

Notice Dates

Publication Date
27 Feb 20232 years ago
Submission Deadline
9 Feb 2023Expired
Future Notice Date
Not specified
Award Date
22 Feb 20233 years ago
Contract Period
22 Feb 2023 - 21 Oct 2023 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
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 2HQ
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

WATSON FARLEY & WILLIAMS

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-c875d6e9-42bc-4de8-9a9a-02b2a4d0a7fa-2023-02-27T10:41:25Z",
    "date": "2023-02-27T10:41:25Z",
    "ocid": "ocds-b5fd17-c875d6e9-42bc-4de8-9a9a-02b2a4d0a7fa",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_355890/1184130",
        "title": "*UKEF* USD LIBOR replacement and other services in respect of three airbus aircrafts",
        "description": "UK Export Finance have purchased legal services to assist them with the documentation for the proposed amendments required to replace all LIBOR references in the financing documentation in respect of three Airbus Aircrafts.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79111000",
            "description": "Legal advisory services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 500000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2023-02-09T17:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2023-02-22T00:00:00Z",
            "endDate": "2023-10-21T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-130229",
            "name": "Department for International Trade",
            "identifier": {
                "legalName": "Department for International Trade"
            },
            "address": {
                "streetAddress": "1 Horse Guards Road",
                "locality": "London",
                "postalCode": "SW1A 2HQ",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "aeropanelprocurement@ukexportfinance.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-236875",
            "name": "Watson Farley & Williams LLP",
            "identifier": {
                "legalName": "Watson Farley & Williams LLP"
            },
            "address": {
                "streetAddress": "15 Appold St, London EC2A 2HB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-130229",
        "name": "Department for International Trade"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-c875d6e9-42bc-4de8-9a9a-02b2a4d0a7fa-1",
            "status": "active",
            "date": "2023-02-22T00:00:00Z",
            "datePublished": "2023-02-27T10:41:25Z",
            "value": {
                "amount": 500000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-236875",
                    "name": "Watson Farley & Williams LLP"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-02-22T00:00:00Z",
                "endDate": "2023-10-21T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/aacc1814-0c5d-4651-8159-7e7fe1c74962",
                    "datePublished": "2023-02-27T10:41:25Z",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "description": "n/a",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/b4fe90c8-0a1e-4477-9ee0-bceb6631414b",
                    "format": "application/pdf"
                },
                {
                    "id": "3",
                    "description": "n/a",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/02c767ca-0060-479a-ab34-30d5f4cca870",
                    "format": "application/pdf"
                }
            ]
        }
    ]
}