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Framework Agreement for the provision of Legal Services to Finance Wales

Finance Wales

This public procurement record has 1 release in its history.

Award

13 Aug 2024 at 12:58

Award Notice
Summary of the contracting process

The procurement process concerns a framework agreement for the provision of legal services to Finance Wales, based in Cardiff, UK (postal code CF10 4BZ). The main industry category is legal services (CPV code 79100000). Despite having various lots such as Fund Management and Corporate Advice, Employment Law, and Intellectual Property, among others, the procurement stage is marked as cancelled as of 13 August 2024. The procurement method is a restricted procedure covered by the GPA, and it was initiated as a tender under Directive 2014/24/EU Article 74.

The framework agreement originally aimed to appoint multiple firms for diverse legal service packages, creating extensive business opportunities in specialised areas like Debt Investment, Intellectual Property, and Property Development. This would have been an ideal opportunity for businesses with expertise in these areas to expand their service offerings and client base. Sole provider roles in specific lots, such as FCA guidance or Employment Law, would have suited firms strong in client care, project management, and quality consistency. Additionally, the structured award criteria emphasised experience and cost-effectiveness, benefiting firms excelling in these metrics. Although the tender is cancelled, understanding such opportunities helps businesses better prepare for similar future prospects.

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Notice Information

Notice Title

Framework Agreement for the provision of Legal Services to Finance Wales

Notice Description

To appoint a number of individual firms, each operating under a framework agreement to provide legal services under 18 distinct subject area packages.

Lot Information

Fund Management and Corporate Advice

Please refer to the Invitation to Tender for further detail regarding the Fund Management and Corporate Advice Lot. Additional information: The award for this Lot will be to a Single Provider

Employment Law

Further information regarding the Employment Law lot can be obtained from the Invitation to Tender. Additional information: The award for this Lot will be to a Single Provider

Debt Investment and Commercial Contracts

Further information regarding the Debt Investment and Commercial Contracts Lot can be obtained from the Invitation to Tender. Additional information: There will a maximum of 5 providers for this Lot.

Equity Investment and Commercial Contracts

Further information regarding the Equity Investment and Commercial Contracts Lots can be obtained from the Invitation to Tender. Additional information: There will be a maximum of 5 Providers for this Lot.

Intellectual Property

Within this discipline legal advice may be required in relation to, but not restricted to copyright trademarks patents proactive advice, guidance and updates regarding new legislation and case law which may affect FWG's activities and documentation. Additional information: The award for this Lot will be to a Single Provider

Property Development

Further information regarding the Property Development Lot can be obtained from the Invitation to Tender. Additional information: There will be a maximum of 5 Providers for this Lot.

Rescue & Restructuring Firms in Difficulty

Within this discipline legal advice and services may be required in relation to, but not restricted to the interpretation and practical application of the European Commission's Guidelines on State Aid for Rescuing & Restructuring Undertakings in Difficulty. Additional information: The award for this Lot will be to a Single Provider

First Legal Charge

Bidders are invited to submit a fixed fee in respect of the provision of this service. Additional information: The award for this Lot will be to a Single Provider

Second Legal Charge

Bidders are invited to submit a fixed fee in respect of the provision of this service. Additional information: The award for this Lot will be to a Single Provider

Statutory Demand

Bidders are invited to submit a fixed fee in respect of the provision of this service. Additional information: The award for this Lot will be to a Single Provider

Bankruptcy

Bidders are invited to submit a fixed fee in respect of the provision of this service. Additional information: The award for this Lot will be to a single provider.

Tracing

Bidders are invited to submit a fixed fee in respect of the provision of this service. Additional information: The award for this Lot will be to a single provider

Insolvency - North

Further information regarding this lot can be obtained from the Invitation to Tender. Additional information: The award for this Lot will be to a Single Provider.

Insolvency - South

Further information regarding the Insolvency - South Lot can be obtained from the Invitation to Tender. Additional information: The award for this Lot will be to a Single Provider

Fund Management and Corporate Advice - North East England

Please refer to the Invitation to Tender for further detail regarding the Fund Management & Corporate Advice - North East England. Additional information: The award for this lot will be to a Single Provider

Debt, Mezzanine and Equity Investments and Commercial Contracts - North East England

Please refer to the Invitation to Tender for further detail regarding the Debt, Mezzanine and Equity Investment and Commercial Contracts - North East England. Additional information: There will be a maximum of 3 providers for this Lot.

Property Development North East England

Further information regarding the Property Development North East England Lot can be obtained from the Invitation to Tender. Additional information: There will be a maximum of 3 providers for this Lot.

Financial Conduct Authority (FCA)

Within this discipline legal advice and services may be required in relation to, but not restricted to: - advice on existing and new FCA permissions for FWG; - proactive advice, guidance and updates regarding new legislation and case law which may affect FWG's activities and documentation. Additional information: The award for this Lot will be to a Single Provider

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-048a58
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/025605-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 Aug 20242 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
13 Aug 20242 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Cancelled
Lots Status
Cancelled
Awards Status
Unsuccessful
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Finance Wales
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CARDIFF
Postcode
CF10 4BZ
Postcode Area
Cardiff
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
Not specified
Local Authority
Cardiff
Electoral Ward
Butetown
Westminster Constituency
Cardiff South and Penarth

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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