Award

Procurement for External Legal Support Services for Alternatives Platform

BORDER TO COAST PENSIONS PARTNERSHIP LTD

This public procurement record has 1 release in its history.

Award

05 Feb 2021 at 16:04

Summary of the contracting process

The procurement process for External Legal Support Services for the Alternatives Platform conducted by Border to Coast Pensions Partnership Ltd is now complete. This tender, classified under legal services within the services industry category, involved an open procedure and was focused on appointing a single law firm to manage legal advice related to investment activities. The contract was awarded to Cleveland & Co Associated Limited, with a total value of £388,800, and was signed on 18 November 2020. The primary location for the delivery of these services is within the UK, and the tender garnered 14 bids, indicating competitive interest.

This tender presents significant opportunities for law firms specializing in legal advisory services, particularly those experienced in handling private market investments, managing investment documentation, and navigating life cycle challenges associated with investments. Given the established relationship with Border to Coast, firms with a strong understanding of public sector procurement and proven track records in similar legal support could find this an advantageous opportunity for business growth and expansion in the public sector market.

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Notice Title

Procurement for External Legal Support Services for Alternatives Platform

Notice Description

Procurement for External Legal Support Services for Alternatives Platform

Lot Information

Lot 1

Border to Coast is to appoint a single law firm to provide advice in respect of the investments to be acquired by Border to Coast in each Portfolio across the private markets platform. We would like to consider a retainer fee model based on 50 hours per month and 60 hours per month as part of this procurement. Services to include, but not limited to, managing new investments, reviewing investment documentation, investment life cycle issues, transfer of legacy investments, secondary sales, dealing with other legal advisers and liaising with Border to Coast's tax advisors.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0290b9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/002386-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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

79111000 - Legal advisory services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£388,800 £100K-£500K

Notice Dates

Publication Date
5 Feb 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
18 Nov 20205 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
BORDER TO COAST PENSIONS PARTNERSHIP LTD
Contact Name
Not specified
Contact Email
procurement@bordertocoast.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LEEDS
Postcode
LS1 2HJ
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
Little London & Woodhouse
Westminster Constituency
Leeds Central and Headingley

Supplier Information

Number of Suppliers
1
Supplier Name

CLEVELAND & CO ASSOCIATED

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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