Award

C1003 - Legal Services

NATIONAL WEALTH FUND LIMITED

This public procurement record has 1 release in its history.

Award

23 Apr 2025 at 08:27

Summary of the contracting process

The procurement process for "C1003 - Legal Services," managed by National Wealth Fund Limited, is in the award stage as of 23 April 2025. This project involves the provision of legal services, specifically supporting deals, under a selective procurement method via a call-off from a framework agreement. The awarded contract, valued at £950,000, was finalised on 13 April 2025 and has been awarded to Hogan Lovells International LLP. The contract's duration starts on 14 April 2025 and ends on 30 November 2027, with services to be delivered in the United Kingdom. This contract falls under the industry category of legal services (CPV: 79100000).

This tender offers significant business growth opportunities, particularly for legal service providers capable of offering expert deal support. Businesses that are small and medium enterprises (SMEs) would be well-suited to compete in this niche, although success would require a capacity to meet the time-sensitive nature of legal support. The involvement of established firms like Hogan Lovells International LLP highlights the potential for qualified legal firms to secure substantial contracts and build a reputable standing in the public procurement marketplace. SMEs can especially benefit from such opportunities given the framework agreement's emphasis on reliability and specific expertise.

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Notice Title

C1003 - Legal Services

Notice Description

Legal services to provide support on deals. This is not committed spend but will be drawn down from as matters require.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e70cc0d9-4746-4f94-ad39-3e3543dd2a2f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fd4ebad5-3cce-431b-9041-e54fd242777a
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
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
Not specified
Lots Value
Not specified
Awards Value
£950,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
23 Apr 202510 months ago
Submission Deadline
12 Apr 2025Expired
Future Notice Date
Not specified
Award Date
12 Apr 202510 months ago
Contract Period
13 Apr 2025 - 30 Nov 2027 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NATIONAL WEALTH FUND LIMITED
Contact Name
Procurement Team
Contact Email
procurement@nationalwealthfund.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Post Town
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

HOGAN LOVELLS INTERNATIONAL

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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