This public procurement record has 2 releases in its history.

Award

29 Mar 2022 at 12:17

Tender

26 Jul 2021 at 22:45

Summary of the contracting process

The Pension Protection Fund (PPF) is currently in the award stage of the "PPF Legal Panel" procurement process, aiming to engage firms for legal advisory services under the classification of CPV code 79111000. This procurement covers the UK and consists of two lots: "PPF Legal Services" and "Assessment Period Tasks". The open tender employs an open procedure, and key dates include the tender being signed on 1 February 2022, with a total estimated value of £13 million and a delivery contract period of 1440 days. Currently, six firms are appointed for Lot 1, while three firms from Lot 1 will provide services for Lot 2.

This opportunity is well-suited for large legal firms with expertise in pensions and at least two other core areas such as Financial Services, Litigation, or Restructuring and Insolvency. Companies interested in competing should consider their capabilities in delivering comprehensive legal services directly related to the needs of the PPF and should be prepared to meet the qualifications and experience criteria specified in the tender documents. This procurement presents a significant opportunity for firms to expand their clientele and enhance their service offerings within the public sector.

How relevant is this notice?

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.

Lot Information

Services to the PPF

Full details of the PPF's requirements and descriptions are contained in the Tender Documents https://ppf.bravosolution.co.uk/web/login.html Firms must be able to Provide Pensions Services and at least 2 of the other 3 core services (Financial Services, Litigation, Restructuring and Insolvency).

Renewal: Initial 2 year term with the option to extend by 2 further periods of 12 months each.

Assessment Period Tasks

Legal Services in respect of Schemes in Assessment and Assessment Period Tasks. Full details of the PPF's requirements and descriptions are contained in the tender documents https://ppf.bravosolution.co.uk/web/login.html In order to be on Lot 2 Panellists must be successful in tendering for Lot 1. Panellists must be able to provide all Services as set out in Lot 2 requirements in the tender documents, without the use of sub-contractors, unless for exceptional reasons such as jurisdiction. Additional information: The anticipated value of the contract is approximately PS2,750,000 - PS3,250,000 per annum, however no guarantee or commitment as to the initial and future value of any work arising from this contract can be given. This is estimated to be 65% Lot 1 instructions and 35% Lot 2.

Renewal: Initial 2 year term with option to extend by 2 further periods of 12 months each.

PPF Legal Services

PPF Legal Services

Assessment period tasks

Assessment period tasks

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02ccaf
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008384-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
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
£13,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£13,000,000 £10M-£100M

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
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

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
Not specified

Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
6
Supplier Names

Addleshaw Goddard LLP

CMS Cameron McKenna Nabarro Olswang LLP

Gowling WLG (UK) LLP

Herbert Smith Freehills LLP

Hogan Lovells International LLP

Osborne Clarke LLP

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...