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Legal Services Framework Agreement

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 3 releases in its history.

Award

27 Sep 2024 at 17:01

Award Notice
TenderUpdate

01 May 2024 at 09:02

Tender Notice
Tender

04 Apr 2024 at 13:48

Tender Notice
Summary of the contracting process

The Financial Reporting Council Limited has awarded a framework agreement for a period of four years, starting 1st October 2024 and expiring on 30th September 2029, to provide legal services under various lots including public and regulatory law, information law, corporate and commercial law, and employment law. The procurement method used was an open procedure, and the primary industry category is legal services, with a focus on the UK region, specifically London. The key suppliers awarded under this framework include TlT LLP, Gowlings (UK) LLP, DLA Piper UK LLP, and Herbert Smith Freehills LLP, with contracts commenced on 27th September 2024.

This framework agreement offers significant opportunities for legal firms specialising in diverse areas of law to collaborate with a significant regulatory body, fostering long-term partnerships and expanding their portfolios. Firms equipped with expertise in regulatory, information, corporate, commercial, and employment law can benefit from stable contracts and potential for extension, promoting business growth and market credibility. This tender is particularly suited to large legal firms capable of managing comprehensive legal requirements for a public interest regulator. Moreover, successful firms will have the opportunity to enhance their profiles by aligning with the Financial Reporting Council’s high standards and public interest mandate.

How relevant is this notice?

Notice Information

Notice Title

Legal Services Framework Agreement

Notice Description

Legal Services framework agreement comprising of four Lots:_ Lot 1 - Public and regulatory law (inclusive of Local audit) Lot 2 - Information law Lot 3 - Corporate and commercial law/general law (including litigation) Lot 4 - Employment law

Lot Information

Public and regulatory law (inclusive of Local audit)

Public and regulatory law (inclusive of Local audit)

Options: Can extend for a further one year.

Information law

Information law

Options: Can extend for a further one year.

Corporate and commercial law/general law (including litigation)

Corporate and commercial law/general law (including litigation)

Options: Can extend for a further one year.

Employment law

Employment law

Options: Can extend for a further one year.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-044f94
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/031069-2024
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

Notice Value(s)

Tender Value
£2,290,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
27 Sep 20241 years ago
Submission Deadline
7 May 2024Expired
Future Notice Date
Not specified
Award Date
27 Sep 20241 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE FINANCIAL REPORTING COUNCIL LIMITED
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
EC2Y 5AS
Postcode Area
Central 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
TLI London
Local Authority
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
4
Supplier Names

DLA Piper UK LLP

GOWLINGS (UK) LLP

Herbert Smith Freehills LLP

TlT LLP

Further Information

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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