Award

Final ABS loan document review by DWF legal

THE DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

31 Jul 2019 at 14:25

Summary of the contracting process

The Department for Transport is awarding a contract titled "Final ABS loan document review by DWF legal" for legal services, valued at £15,000. This direct procurement process, classified under CPV code 79100000, is aimed at engaging DWF Law LLP to review loan documentation associated with a £5 million loan to Advanced Biofuel Solutions for completing a gasification plant. The contract period is set from June 12, 2019, to August 31, 2019, with the award published on July 31, 2019.

This opportunity could benefit law firms specialising in banking and financial transactions, particularly those with the capacity to manage complex documentation reviews and compliance assessments. Businesses with a strong track record in delivering legal services related to financial arrangements would be well-suited to compete for similar contracts, enabling them to expand their client base and enhance their service offerings within the public sector.

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Notice Title

Final ABS loan document review by DWF legal

Notice Description

DFT are awarding a PS5m loan to Advanced Biofuel Solutions (ABS) to complete a unfinished gasification plant. DFT legal have advised this is outside their expertise and have recommended we engage a banking lawyer to review the loan documentation. We are engaging to DWF Law LLP to complete the work, they will also perform 3 rounds of revision of the loan documentation and report on the state aid element of the final loan documentation.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f27ea62b-8883-4fa9-8e38-a1372a857717
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/55692ceb-8e80-4106-801b-af8915c39cc3
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
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

79100000 - Legal services

Notice Value(s)

Tender Value
£15,000 Under £100K
Lots Value
Not specified
Awards Value
£15,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
31 Jul 20196 years ago
Submission Deadline
11 Jun 2019Expired
Future Notice Date
Not specified
Award Date
10 Jun 20196 years ago
Contract Period
11 Jun 2019 - 31 Aug 2019 1-6 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
THE DEPARTMENT FOR TRANSPORT
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
SW1P 4DR
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
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

DWF

Open Contracting Data Standard (OCDS)

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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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