This public procurement record has 4 releases in its history.

Award

06 Aug 2024 at 15:06

Award

29 Jul 2022 at 14:49

Award

21 Dec 2021 at 22:45

Tender

18 May 2021 at 22:55

Summary of the contracting process

The buying organisation, Ofqual, has recently completed the procurement process for the provision of legal services, specifically regulatory services support. This procurement falls under the industry category of legal services (CPV code: 79100000) and was conducted under a restricted procedure, part of the Crown Commercial Service (CCS) framework RM6179. The contract, awarded to Gowling WLG (UK) LLP and valued at £281,664 (inclusive of VAT), was signed on 16th July 2024, with the primary delivery location being Coventry (UKG33 region). This contract is currently in the award stage and the procurement process was selective, focused on the quality and price of bids.

This tender represents a significant growth opportunity for businesses specialising in legal services, particularly those adept in regulatory, policy, and compliance matters. Firms with capabilities in providing tailored legal modelling, updates on law, policy changes, and comprehensive legal support will find this tender beneficial for establishing or expanding their market presence. Legal services firms, particularly those that can offer added value through proactive advisory services, are well-suited to compete for similar future tenders. Potential participants for such contracts are recommended to leverage frameworks like the CCS, which employ established win-criteria and offer structured opportunities for collaboration with public bodies.

How relevant is this notice?

Notice Title

Provision of legal services

Notice Description

Legal panel services providing such advice, support and drafting that the Byer may require in relation to regulatory services carried out by the Buyer.

Lot Information

General Legal Services

Legal panel services providing such advice, support and drafting that the Byer may require in relation to regulatory services carried out by the Buyer. This will include, but not be limited to, provided tailored modelling and updates in areas of interest to the Buyer and separately flag up/send alerts on relevant changes/proposed changes in law, policy and regulation as and when they are announced, with brief comment on the effect/potential effect on the Buyer. Additional information: All values quoted are inclusive of VAT. This contract was sourced by using the direct awards option in the Crown Commercial Service (CCS) framework reference RM6179.

Renewal: The contract will run for 36 months with an option to extend for a further 12 months

Finance and Complex Legal Services

Lot 2 is for Finance and Complex Legal Advice and Services and covers external legal advice and full project support required by Central Government and its associated arm's length bodies, for transactions which are principally financial in nature and highly complex transactions including complex finance, capital markets, regulatory and high risk complex work, as well as the most innovative and/or strategically important projects for Central Government. Suppliers will deliver all the mandatory requirements that specifically relate to lot 2, as detailed in Framework Schedule 1 (Specification). Which includes the following mandatoryspecialisms: Corporate Finance; Rescue, restructuring and insolvency; Financial services, market and competition regulation; Investment and Commercial Banking; Insurance and Reinsurance; Investment and Asset management; Equity Capital Markets; Debt Capital Markets; Project and Asset Finance; High value or complex transactions and disputes; and High value or complex merger and acquisition activity; Projects of exceptional innovation and complexity. There are also 9 optional specialisms detailed in Framework Schedule 1 (Specification) which Suppliers will provide if qualified to do so. CCS reserved the right to award a framework to any bidder whose final score was within 1% of the last position. One supplier came within 1% of the last position and was awarded a place on the framework. Therefore, the total number of bidders awarded a place on Lot 2 framework was seven (7). Additional information: The procurement was conducted in two stages which was run consecutively. Full details are available in the ITT. II.2.7 - is the maximum duration of the Framework Agreement. The Framework Agreement will be established for 36 months, with the option to extend for a further 12 months at the discretion of CCS.

Renewal: The contract will run for 36 months with the option to extend for a further 12 months.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02b27d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024697-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted 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

79110000 - Legal advisory and representation services

79111000 - Legal advisory services

79112000 - Legal representation services

79130000 - Legal documentation and certification services

79140000 - Legal advisory and information services

Notice Value(s)

Tender Value
£430,000,000 £100M-£1B
Lots Value
£430,000,000 £100M-£1B
Awards Value
Not specified
Contracts Value
£446,281,664 £100M-£1B

Notice Dates

Publication Date
6 Aug 20242 years ago
Submission Deadline
21 Jun 2021Expired
Future Notice Date
Not specified
Award Date
1 Dec 20214 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
Ofqual
Additional Buyers

Department for Education

The Minister for the Cabinet Office acting through Crown Commercial Service

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
COVENTRY
Postcode
CV1 2GN
Postcode Area
Coventry
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG33 Coventry
Delivery Location
TLG33 Coventry

Local Authority
Coventry
Electoral Ward
St Michael's
Westminster Constituency
Coventry South

Supplier Information

Number of Suppliers
5
Supplier Names

DAC Beachcroft

Dentons UK Middle East LLP

Gowling WLG (UK) LLP

Mills and Reeve LLP

See Contracts Finder Notice for full supplier list

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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