Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

PPF Legal Panel

Pension Protection Fund

This public procurement record has 2 releases in its history.

Award

29 Mar 2022 at 12:31

Award Notice
Tender

26 Jul 2021 at 16:09

Tender Notice
Summary of the contracting process

The Pension Protection Fund is conducting the PPF Legal Panel procurement process, which is currently at the Award stage. This process, initiated on 29 March 2022, involves the appointment of a panel of six law firms for legal services, with an estimated contract value of £13,000,000 over an initial period of 24 months, running from 1 February 2022 to 31 January 2024. Firms have the option to extend for two additional 12-month periods. The procurement method employed is classified as an Open process under a Light Touch Regime.

This procurement presents a significant opportunity for law firms that specialise in legal advisory services and possess expertise in pensions, financial services, litigation, and restructuring. With a substantial estimated contract value, this tender could benefit larger legal firms that are able to meet the qualifications for Lot 1 and subsequently for Lot 2. Firms ready to engage in competitive bids stand to gain a foothold within this crucial sector, especially as potential future work under the contract may exceed initial estimates.

How relevant is this notice?

Notice Information

Notice Title

PPF Legal Panel

Notice Description

The PPF has appointed a panel of six firms to deliver legal services to the PPF (Lot 1) and three firms in respect of providing Legal Services for Assessment Period tasks (Lot 2). The Lot 2 firms are a subset of the Lot 1 firms. The initial contract term is 24 months with options to extend for two further periods of 12 months each. The overall estimated contract value (including the two optional 12 month extensions) is PS13,000,000. This value is an estimate will vary depending on requirements.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ff295650-4378-49b3-a944-ada4fe7f8ba1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1c61c8bb-3445-46e9-a1a5-ffce317d0eed
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Other - Open - Light Touch Regime
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
£13,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£13,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
29 Mar 20224 years ago
Submission Deadline
25 Aug 2021Expired
Future Notice Date
Not specified
Award Date
1 Feb 20224 years ago
Contract Period
1 Feb 2022 - 31 Jan 2024 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
Pension Protection Fund
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Postcode Area
Croydon
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI London
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
6
Supplier Names

Addleshaw Goddard LLP

Osborne Clarke LLP

Gowling WLG (UK) LLP

Herbert Smith Freehills Kramer LLP

CMS Cameron McKenna Nabarro Olswang LLP

Hogan Lovells International LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...