Award

Legal Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

01 Sep 2025 at 10:48

Summary of the contracting process

The Bank of England, located in London, has completed a tender for legal services under the procurement process titled "Legal Services." This procurement process aimed to provide legal advice related to onboarding new participants for the Alternative Liquidity Facility (ALF). The contract, part of the public authority's central government operations, utilised a light-touch procurement regime with a below-threshold approach. The contract, identified as CON/1001895, was awarded to Ashurst LLP and covers various regions across the United Kingdom, including UKC, UKD, UKE, UKF, UKG, UKH, UKI, UKJ, and UKK. The contract commenced on 17th June 2025 and extends until 31st October 2025, with an overall gross value of £30,000.

This tender presents significant opportunities for legal firms specialising in financial services and regulatory frameworks, particularly those experienced in handling government and central banking matters. Businesses operating within the services sector, especially those with expertise in light-touch contracts and in the scope of legal service provision under CPV code 79100000, would benefit from engaging with similar opportunities. Additionally, firms that can navigate light-touch procurement regimes and deliver bespoke legal advisory services in a complex financial environment will find this tender format favourable for expanding their portfolios and establishing strong relationships with major financial institutions like the Bank of England.

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Notice Title

Legal Services

Notice Description

To provide legal advice in relation to onboarding new participants for the Alternative Liquidity Facility (ALF).

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-059127
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/052745-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£25,000 Under £100K

Notice Dates

Publication Date
1 Sep 20255 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
16 Jun 20258 months ago
Contract Period
16 Jun 2025 - 31 Oct 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BANK OF ENGLAND
Contact Name
Not specified
Contact Email
askprocurement@bankofengland.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
EC2R 8AH
Post Town
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
Not specified

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ASHURST

Further Information

Notice Documents

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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