Award

Legal Panel 2026

PENSION PROTECTION FUND

This public procurement record has 2 releases in its history.

Award

06 Jan 2026 at 16:28

Tender

02 Sep 2025 at 13:11

Summary of the contracting process

The Pension Protection Fund (PPF) has successfully completed the procurement process for its Legal Panel 2026, a contracting initiative focused on establishing a panel of legal service providers. This procurement specifically targets legal advisory and asset management services across four distinct lots: Legal Advisory Services to the Board, Asset Management Services, Real Estate, and Schemes in Assessment. The buying organisation, based in Croydon, UK, has identified several prominent legal firms as suppliers, including Mills & Reeve LLP, Burges Salmon, and Bird & Bird, alongside others. The services will be delivered in the United Kingdom region starting from 1st February 2026, for an initial period of 24 months, with possibilities for extension up to a total term of 48 months. This open procedure procurement follows a light-touch regime and has undergone a complete tender and award process as of early 2026, having a standstill period ending on 15th January 2026.

This tender represents a significant opportunity for legal service providers to engage in contracts that could substantially contribute to their business growth. The framework agreement allows for direct awards or mini-competitions, fostering competition while ensuring quality delivery of services across government-related legal matters. The legal panel will advise on diverse areas, extending the scope for businesses with expertise in asset management, real estate transactions, and various legal specialisations such as insolvency, litigation, and data protection. With an open procurement method, this tender is especially suited for large firms that can offer comprehensive legal services and small to medium enterprises (SMEs) that can provide niche expertise. This initiative encourages broad participation, fostering diversity and innovation in delivering legal services to the PPF and potentially influencing broader public sector engagements.

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Notice Title

Legal Panel 2026

Notice Description

We are seeking proposals from external, third-party suppliers in relation to the establishment of a panel to provide legal services to the Board of the Pension Protection Fund. Bidders will have the opportunity to bid on any of the four lots: Lot 1 Services (Legal Advisory Services) - maximum 4 bidders will be appointed to this lot. Lot 2 Services (Asset Management) - maximum 6 bidders will be appointed to this lot. Lot 3 Services (Real Estate) - maximum 3 bidders will be appointed to this lot. Lot 4 Services (Schemes in Assessment) - maximum 3 bidders will be appointed to this lot. The new panel will be live from Monday 2nd February 2026 and successfully appointed Bidders must be capable of commencing services from this date. The contract term will be for an initial term of 24-months with two optional extension periods of 12-months each to take the maximum possible term to 48 months (2+1+1). This notice is linked to a UK2 - Early Market Engagement Notice, with the below reference numbers. There appears to be a validation bug where we're unable to link the UK2 notice with this UK4 - Tender Opportunity notice, which we are raising with BravoSolutions. Notice number: 2025/S 000-011208 Procedure ID: ocds-h6vhtk-04f8a3 Notice reference 2025-041381

Lot Information

Legal Advisory Services to the Board

Multiple areas of law, and for which each bidding firm will need to confirm its capability to deliver at least 7 of the 9 of specialisms listed below (excluding "Other"): 1. Employment. 2. General Commercial Contracts including frameworks and Intellectual Property 3. Insolvency including Restructuring and Corporate 4. Information Security /Cyber 5. Litigation 6. Non-financial regulatory services including corporate governance, compliance, Data Protection, and company secretarial. 7. Pensions including contentious and non-contentious. 8. Public Law including but not limited to: Freedom of Information, State Aid, 9. Public Procurement providing commercially practical and pragmatic solutions, understanding PPF risk drivers. 10. Other - (Non exhaustive list includes Family Law / Criminal Law, Personal Injury / Debt Recovery / Asset Management / Real Estate)

Renewal: Initial term of 2-years with the option to extend for a further 2-periods of 12-months each, totalling a maximum term of 4-years.

Asset Management Services

Asset management services, including public markets investing, private placement transactions, investing into private funds (primary funds, co-investment funds and continuation vehicles), derivatives and general financial services and regulatory advice (including regulatory change projects and compliance queries related to the PPF's core investment activities).

Renewal: Initial term of 2-years with the option to extend for a further 2-periods of 12-months each, totalling a maximum term of 4-years.

Real Estate

To provide legal advice to our appointed third-party asset manager in respect of the PPF's real estate portfolio in relation to investment-related property transactions. Bidders must be able to provide all services as set out below in respect of real estate matters, unless for exceptional reasons such as jurisdiction. * Acquisitions * Disposals * Lettings * Licences: Assign - Underlet - Alterations * Estate Management Tasks: Variation of Lease - Consents - Rent Review Memo - Renewals (existing terms) * Agreement for Lease: Simple (unconditional) - Complex (Conditional) * Ad-hoc - Legal work relating to Real Estate instructions that doesn't fall under the above tasks.

Renewal: Initial term of 2-years with the option to extend for a further 2-periods of 12-months each, totalling a maximum term of 4-years.

Schemes in Assessment

Firms on Lot 4 - Schemes in Assessment are an essential support to Trustees of Schemes that enter a PPF Assessment period by offering expert guidance on three core legal tasks: Benefit Specification, Admissible Rules, and Equalisation. During this period, they may also be called upon for ad-hoc matters such as Deeds of Removal and Appointment, Participating Employer queries, and other legal advice as needed. For schemes that are overfunded on a PPF basis and able to provide benefits above PPF compensation levels, the panel may assist trustees with the legal aspects of transacting to secure member benefits. Through timely and strategic advice, the legal panel supports informed decision-making, ensures regulatory compliance, and helps resolve legal complexities, safeguarding the interests of all stakeholders.

Renewal: Initial term of 2-years with the option to extend for a further 2-periods of 12-months each, totalling a maximum term of 4-years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-059242
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000818-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
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

79140000 - Legal advisory and information services

Notice Value(s)

Tender Value
£16,000,000 £10M-£100M
Lots Value
£16,000,000 £10M-£100M
Awards Value
£13,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Jan 20261 months ago
Submission Deadline
30 Sep 2025Expired
Future Notice Date
Not specified
Award Date
6 Jan 20261 months ago
Contract Period
1 Feb 2026 - 31 Jan 2028 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
PENSION PROTECTION FUND
Contact Name
Not specified
Contact Email
commercialservices@ppf.co.uk
Contact Phone
Not specified

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Post Town
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
TLI62 Croydon

Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
10
Supplier Names

ADDLESHAW GODDARD

BIRD & BIRD

BURGES SALMON

CMS CAMERON MCKENNA NABARRO OLSWANG

EVERSHEDS SUTHERLAND

GOWLING WLG (UK

HERBERT SMITH FREEHILLS

MILLS & REEVE

OSBORNE CLARKE

PINSENT MASON

Open Contracting Data Standard (OCDS)

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                "streetAddress": "CityPoint, 1 Ropemaker Street",
                "locality": "Greater London",
                "postalCode": "EC2Y 9SS",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI31"
            },
            "roles": [
                "tenderer"
            ],
            "details": {
                "scale": "large",
                "vcse": false
            }
        },
        {
            "id": "GB-PPON-PJBY-1724-BGBM",
            "name": "Stephenson Harwood LLP",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PJBY-1724-BGBM"
            },
            "address": {
                "streetAddress": "1 Finsbury Circus",
                "locality": "Greater London",
                "postalCode": "EC2M 7SH",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI31"
            },
            "roles": [
                "tenderer"
            ],
            "details": {
                "scale": "large",
                "vcse": false
            }
        },
        {
            "id": "GB-PPON-PVJG-9439-WNZY",
            "name": "The Wilkes Partnership LLP",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PVJG-9439-WNZY"
            },
            "address": {
                "streetAddress": "41 Church St",
                "locality": "Birmingham",
                "postalCode": "B32RT",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKG31"
            },
            "roles": [
                "tenderer"
            ],
            "details": {
                "scale": "sme",
                "vcse": false
            }
        },
        {
            "id": "GB-PPON-PJLH-4148-CTVZ",
            "name": "White & Case LLP",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PJLH-4148-CTVZ"
            },
            "address": {
                "streetAddress": "5 Old Broad Street",
                "locality": "Greater London",
                "postalCode": "EC2N 1DW",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI31"
            },
            "roles": [
                "tenderer"
            ],
            "details": {
                "scale": "large",
                "vcse": false
            }
        },
        {
            "id": "GB-PPON-PNPG-7838-VNXY",
            "name": "Winckworth Sherwood LLP",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PNPG-7838-VNXY"
            },
            "address": {
                "streetAddress": "Arbor, 255 Blackfriars Road",
                "locality": "Southwark",
                "postalCode": "SE1 9AX",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI44"
            },
            "roles": [
                "tenderer"
            ],
            "details": {
                "scale": "sme",
                "vcse": false
            }
        },
        {
            "id": "GB-PPON-PVZR-9963-YHPV",
            "name": "Winston & Strawn",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PVZR-9963-YHPV"
            },
            "address": {
                "streetAddress": "100 Bishopsgate",
                "locality": "Greater London",
                "postalCode": "EC2N 4AG",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI31"
            },
            "roles": [
                "tenderer"
            ],
            "details": {
                "scale": "large",
                "vcse": false
            }
        },
        {
            "id": "GB-PPON-PYBM-6288-WNYY",
            "name": "Womble Bond Dickinson",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PYBM-6288-WNYY"
            },
            "address": {
                "streetAddress": "4 More London Riverside",
                "locality": "Greater London",
                "postalCode": "SE12AU",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI44"
            },
            "roles": [
                "tenderer"
            ],
            "details": {
                "scale": "large",
                "vcse": false
            }
        },
        {
            "id": "GB-PPON-PXBL-7231-VLYM",
            "name": "Travers Smith LLP",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PXBL-7231-VLYM"
            },
            "address": {
                "streetAddress": "10 Snow Hill",
                "locality": "Greater London",
                "postalCode": "EC1A 2AL",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI31"
            },
            "roles": [
                "tenderer"
            ],
            "details": {
                "scale": "large",
                "vcse": false
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PWMV-5634-ZZTL",
        "name": "Pension Protection Fund"
    },
    "tender": {
        "id": "CS0801",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "Legal Panel 2026",
        "description": "We are seeking proposals from external, third-party suppliers in relation to the establishment of a panel to provide legal services to the Board of the Pension Protection Fund. Bidders will have the opportunity to bid on any of the four lots: Lot 1 Services (Legal Advisory Services) - maximum 4 bidders will be appointed to this lot. Lot 2 Services (Asset Management) - maximum 6 bidders will be appointed to this lot. Lot 3 Services (Real Estate) - maximum 3 bidders will be appointed to this lot. Lot 4 Services (Schemes in Assessment) - maximum 3 bidders will be appointed to this lot. The new panel will be live from Monday 2nd February 2026 and successfully appointed Bidders must be capable of commencing services from this date. The contract term will be for an initial term of 24-months with two optional extension periods of 12-months each to take the maximum possible term to 48 months (2+1+1). This notice is linked to a UK2 - Early Market Engagement Notice, with the below reference numbers. There appears to be a validation bug where we're unable to link the UK2 notice with this UK4 - Tender Opportunity notice, which we are raising with BravoSolutions. Notice number: 2025/S 000-011208 Procedure ID: ocds-h6vhtk-04f8a3 Notice reference 2025-041381",
        "status": "complete",
        "items": [
            {
                "id": "Lot 1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "79100000",
                        "description": "Legal services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKI62",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "Lot 1"
            },
            {
                "id": "Lot 2",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "79100000",
                        "description": "Legal services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKI62",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "Lot 2"
            },
            {
                "id": "Lot 3",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "79100000",
                        "description": "Legal services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKI62",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "Lot 3"
            },
            {
                "id": "Lot 4",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "79100000",
                        "description": "Legal services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKI62",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "Lot 4"
            }
        ],
        "value": {
            "amountGross": 19200000,
            "amount": 16000000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "mainProcurementCategory": "services",
        "specialRegime": [
            "lightTouch"
        ],
        "aboveThreshold": true,
        "coveredBy": [
            "GPA"
        ],
        "techniques": {
            "hasFrameworkAgreement": true,
            "frameworkAgreement": {
                "maximumParticipants": 16,
                "method": "withAndWithoutReopeningCompetition",
                "type": "closed",
                "description": "Lot 1 (Legal Advisory Services to the Board) & Lot 2 (Asset Management Services) Instructions may be allocated by direct award or mini competition, as follows: Work allocation - estimated instruction value up to (and including) PS25k (ex VAT ) Direct award will be the standard approach to allocation of services where the PPF estimates the value of the instruction is no more than PS25k (ex VAT). The PPF will allocate matters based on its assessment of best fit, having regard to relevant experience and expertise as well as capacity amongst the relevant lot firms (subject always to conflict checks being cleared). While the PPF intends to allocate firms appointed under specific lots with a fair proportion of that lot's overall number and value of instructions, no assurance can be given that actual work allocation will be equal among all those relevant lot firms. A Mini Competition may be initiated for various reasons - including where the scope of the instruction (and corresponding value) is unclear or where it is determined that multiple relevant lot firms possess the requisite capability to deliver the required services effectively. Mini competitions - The PPF will invite whichever of the firms appointed under the relevant lot as, in its sole discretion, it determines are capable of providing the required services to participate in the mini competition via a Request for Proposal (RFP). The RFP will outline the PPF's requirements (either in the RFP document or by reference to a description of the same in the standard Lot 1 or Lot 2 Instruction Form), the criteria on which proposals will be evaluated and the timescale on which responses are required. The evaluation criteria may take account of technical (capability/ understanding of the particular matter), legal (appropriate liability limits, matter-specific terms) and commercial (pricing basis and overall cost), with weightings for these criteria specified in the RFP. Work allocation - estimated instruction value over PS25k (ex VAT) For instructions exceeding PS25,000 (excluding VAT), the standard approach is to conduct a Mini Competition among whichever of the firms appointed under the relevant lot as the PPF determines, in its sole discretion appropriate. However, in certain circumstances, the PPF may opt for an \"Exceptional\" Direct Award where the relevant circumstances justify this approach, such as urgency, specialist expertise, prior involvement, geographic capability or capacity to deliver within required timeframes. Lot 3 (Real Estate) Instructions Instructions for this Lot will be instructed by the PPF's third party real estate asset manager. When considering allocation of instructions, the third-party real estate asset manager will also consider capability, availability to deliver in specified timescales, expertise, distribution of work across the Lot and ability to accept appropriate levels of liability. Lot 4 (Assessment Period) Instructions Instructions will generally be allocated in turn to Lot 4 panel members. However, when considering allocation of instructions, we will also consider capability, expertise, distribution of work across the Lot and ability to accept appropriate levels of liability. Other allocation notes Instructions are awarded on a \"lot first\" approach, which means that for any new instruction for work relating to a specific lot's work scope, the firms appointed to service that lot will be first considered. If however none of the firms under the relevant lot are able to undertake the work (whether due to capacity, resourcing, conflicts or other reasons), then the PPF may, on an exceptional basis, seek to engage a firm under another Lot, which the PPF will determine based on its assessment of which other firm has the most relevant experience and expertise for the particular matter. If a firm appointed under another lot (the \"off-lot firm\") is approached in this scenario to consider the instruction, it has no obligation to consider and accept the instruction. Please note that if the off-lot firm is appointed under a lot that operates a uniform rate card, the uniform rate card will apply. If not, then those services would be delivered at rates agreed at the time to fairly and competitively deliver the services and for which the instruction process defined for Lot 1 (Services to the PPF) will apply. In the event that the appointment of any Panellist (regardless of which Lot it is appointed to) is suspended or terminated in accordance with the terms of the agreement between that Panellist and the PPF (or that Panellist otherwise ceases to be available to perform services as a Panellist in accordance with its contract with the PPF) (a \"Departing Panellist\"), the Board will have the option, in its sole discretion, to notify the bidding firm, from the procurement process, who was not appointed as a Panellist but which: - In respect of Lots 1 and/or 2, had the next lowest PQP (Price per Quality Point) score; or, - in respect of Lots 3 and/or 4, the next highest technical score, and to give such other firm the option to replace the Departed Panellist with effect from, at the PPF's discretion, the earlier of the effective date of the Departed Panellist's end date and such later date as the PPF determines. If a firm is approached in this scenario, it has the option whether to accept but, if it accepts the offer to become a Panellist, that firm will be deemed to have accepted its appointment as a Panellist on the same terms as its original bid submission to the procurement (including, in the case of Lots 1 and 2, its submitted rate card but subject to such uplifts as contemplated by the terms of this procurement) and subject to the PPF's Standard Terms (as further set in Appendix B - PPF Standard Terms)."
            }
        },
        "submissionMethodDetails": "https://ppf.bravosolution.co.uk/web/login.html",
        "submissionTerms": {
            "electronicSubmissionPolicy": "allowed",
            "languages": [
                "en"
            ]
        },
        "tenderPeriod": {
            "endDate": "2025-09-30T10:00:00+01:00"
        },
        "enquiryPeriod": {
            "endDate": "2025-09-12T10:00:00+01:00"
        },
        "awardPeriod": {
            "endDate": "2025-12-02T23:59:59+00:00"
        },
        "lots": [
            {
                "id": "Lot 1",
                "title": "Legal Advisory Services to the Board",
                "description": "Multiple areas of law, and for which each bidding firm will need to confirm its capability to deliver at least 7 of the 9 of specialisms listed below (excluding \"Other\"): 1. Employment. 2. General Commercial Contracts including frameworks and Intellectual Property 3. Insolvency including Restructuring and Corporate 4. Information Security /Cyber 5. Litigation 6. Non-financial regulatory services including corporate governance, compliance, Data Protection, and company secretarial. 7. Pensions including contentious and non-contentious. 8. Public Law including but not limited to: Freedom of Information, State Aid, 9. Public Procurement providing commercially practical and pragmatic solutions, understanding PPF risk drivers. 10. Other - (Non exhaustive list includes Family Law / Criminal Law, Personal Injury / Debt Recovery / Asset Management / Real Estate)",
                "status": "complete",
                "value": {
                    "amountGross": 3600000,
                    "amount": 3000000,
                    "currency": "GBP"
                },
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "quality",
                            "name": "Technical",
                            "description": "Technical Evaluation All four Lots are weighted at 100% quality. Commercial Evaluation Lot 1 (Legal Advisory Services to the Board) and Lot 2 (Asset Management Services): For both Lots, a Blank Rate Card will be provided for Bidders to complete as part of their submission Submitted rate card pricing from Bidders will then be assessed using the Price per Quality Point (PQP) method. This method is explained further in the ITT Documents. For Lot 3 (Real Estate) and Lot 4 (Schemes in Assessment) Bidders will be provided a pre-determined uniform rate cards. The rates set out in these uniform rate cards are not negotiable as part of the process. Bidders are deemed to have accepted these rates if they submit a bid to deliver services under Lot 3 and/or Lot 4.",
                            "numbers": [
                                {
                                    "number": 100,
                                    "weight": "percentageExact"
                                }
                            ]
                        }
                    ]
                },
                "suitability": {
                    "sme": true
                },
                "contractPeriod": {
                    "startDate": "2026-02-02T00:00:00+00:00",
                    "endDate": "2028-01-31T23:59:59+00:00",
                    "maxExtentDate": "2030-01-31T23:59:59+00:00"
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "Initial term of 2-years with the option to extend for a further 2-periods of 12-months each, totalling a maximum term of 4-years."
                }
            },
            {
                "id": "Lot 2",
                "title": "Asset Management Services",
                "description": "Asset management services, including public markets investing, private placement transactions, investing into private funds (primary funds, co-investment funds and continuation vehicles), derivatives and general financial services and regulatory advice (including regulatory change projects and compliance queries related to the PPF's core investment activities).",
                "status": "complete",
                "value": {
                    "amountGross": 9600000,
                    "amount": 8000000,
                    "currency": "GBP"
                },
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "quality",
                            "name": "Technical",
                            "description": "Technical Evaluation All four Lots are weighted at 100% quality. Commercial Evaluation Lot 1 (Legal Advisory Services to the Board) and Lot 2 (Asset Management Services): For both Lots, a Blank Rate Card will be provided for Bidders to complete as part of their submission Submitted rate card pricing from Bidders will then be assessed using the Price per Quality Point (PQP) method. This method is explained further in the ITT Documents. For Lot 3 (Real Estate) and Lot 4 (Schemes in Assessment) Bidders will be provided a pre-determined uniform rate cards. The rates set out in these uniform rate cards are not negotiable as part of the process. Bidders are deemed to have accepted these rates if they submit a bid to deliver services under Lot 3 and/or Lot 4.",
                            "numbers": [
                                {
                                    "number": 100,
                                    "weight": "percentageExact"
                                }
                            ]
                        }
                    ]
                },
                "suitability": {
                    "sme": true
                },
                "contractPeriod": {
                    "startDate": "2026-02-02T00:00:00+00:00",
                    "endDate": "2028-01-31T23:59:59+00:00",
                    "maxExtentDate": "2030-01-31T23:59:59+00:00"
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "Initial term of 2-years with the option to extend for a further 2-periods of 12-months each, totalling a maximum term of 4-years."
                }
            },
            {
                "id": "Lot 3",
                "title": "Real Estate",
                "description": "To provide legal advice to our appointed third-party asset manager in respect of the PPF's real estate portfolio in relation to investment-related property transactions. Bidders must be able to provide all services as set out below in respect of real estate matters, unless for exceptional reasons such as jurisdiction. * Acquisitions * Disposals * Lettings * Licences: Assign - Underlet - Alterations * Estate Management Tasks: Variation of Lease - Consents - Rent Review Memo - Renewals (existing terms) * Agreement for Lease: Simple (unconditional) - Complex (Conditional) * Ad-hoc - Legal work relating to Real Estate instructions that doesn't fall under the above tasks.",
                "status": "complete",
                "value": {
                    "amountGross": 2400000,
                    "amount": 2000000,
                    "currency": "GBP"
                },
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "quality",
                            "name": "Technical",
                            "description": "Technical Evaluation All four Lots are weighted at 100% quality. Commercial Evaluation Lot 1 (Legal Advisory Services to the Board) and Lot 2 (Asset Management Services): For both Lots, a Blank Rate Card will be provided for Bidders to complete as part of their submission Submitted rate card pricing from Bidders will then be assessed using the Price per Quality Point (PQP) method. This method is explained further in the ITT Documents. For Lot 3 (Real Estate) and Lot 4 (Schemes in Assessment) Bidders will be provided a pre-determined uniform rate cards. The rates set out in these uniform rate cards are not negotiable as part of the process. Bidders are deemed to have accepted these rates if they submit a bid to deliver services under Lot 3 and/or Lot 4.",
                            "numbers": [
                                {
                                    "number": 100,
                                    "weight": "percentageExact"
                                }
                            ]
                        }
                    ]
                },
                "suitability": {
                    "sme": true
                },
                "contractPeriod": {
                    "startDate": "2026-02-02T00:00:00+00:00",
                    "endDate": "2028-01-31T23:59:59+00:00",
                    "maxExtentDate": "2030-01-31T23:59:59+00:00"
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "Initial term of 2-years with the option to extend for a further 2-periods of 12-months each, totalling a maximum term of 4-years."
                }
            },
            {
                "id": "Lot 4",
                "title": "Schemes in Assessment",
                "description": "Firms on Lot 4 - Schemes in Assessment are an essential support to Trustees of Schemes that enter a PPF Assessment period by offering expert guidance on three core legal tasks: Benefit Specification, Admissible Rules, and Equalisation. During this period, they may also be called upon for ad-hoc matters such as Deeds of Removal and Appointment, Participating Employer queries, and other legal advice as needed. For schemes that are overfunded on a PPF basis and able to provide benefits above PPF compensation levels, the panel may assist trustees with the legal aspects of transacting to secure member benefits. Through timely and strategic advice, the legal panel supports informed decision-making, ensures regulatory compliance, and helps resolve legal complexities, safeguarding the interests of all stakeholders.",
                "status": "complete",
                "value": {
                    "amountGross": 3600000,
                    "amount": 3000000,
                    "currency": "GBP"
                },
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "quality",
                            "name": "Technical",
                            "description": "Technical Evaluation All four Lots are weighted at 100% quality. Commercial Evaluation Lot 1 (Legal Advisory Services to the Board) and Lot 2 (Asset Management Services): For both Lots, a Blank Rate Card will be provided for Bidders to complete as part of their submission Submitted rate card pricing from Bidders will then be assessed using the Price per Quality Point (PQP) method. This method is explained further in the ITT Documents. For Lot 3 (Real Estate) and Lot 4 (Schemes in Assessment) Bidders will be provided a pre-determined uniform rate cards. The rates set out in these uniform rate cards are not negotiable as part of the process. Bidders are deemed to have accepted these rates if they submit a bid to deliver services under Lot 3 and/or Lot 4.",
                            "numbers": [
                                {
                                    "number": 100,
                                    "weight": "percentageExact"
                                }
                            ]
                        }
                    ]
                },
                "suitability": {
                    "sme": true
                },
                "contractPeriod": {
                    "startDate": "2026-02-02T00:00:00+00:00",
                    "endDate": "2028-01-31T23:59:59+00:00",
                    "maxExtentDate": "2030-01-31T23:59:59+00:00"
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "Initial term of 2-years with the option to extend for a further 2-periods of 12-months each, totalling a maximum term of 4-years."
                }
            }
        ],
        "documents": [
            {
                "id": "conflictOfInterest",
                "documentType": "conflictOfInterest",
                "description": "Not published"
            },
            {
                "id": "053182-2025",
                "documentType": "tenderNotice",
                "noticeType": "UK4",
                "description": "Tender notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/053182-2025",
                "datePublished": "2025-09-02T14:11:26+01:00",
                "format": "text/html"
            }
        ]
    },
    "language": "en",
    "bids": {
        "details": [
            {
                "id": "1",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-PPON-PXWN-7559-NWJQ",
                        "name": "A&O Shearman"
                    }
                ],
                "relatedLots": [
                    "Lot 2",
                    "Lot 1"
                ]
            },
            {
                "id": "2",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-PPON-PXVC-7339-LTNT",
                        "name": "Arc Pensions Law LLP"
                    }
                ],
                "relatedLots": [
                    "Lot 4"
                ]
            },
            {
                "id": "3",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-PPON-PJMX-5523-TXZX",
                        "name": "Bevan Brittan"
                    }
                ],
                "relatedLots": [
                    "Lot 1",
                    "Lot 4",
                    "Lot 3"
                ]
            },
            {
                "id": "4",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-PPON-PDNG-9251-JNGN",
                        "name": "Davitt Jones Bould"
                    }
                ],
                "relatedLots": [
                    "Lot 3"
                ]
            },
            {
                "id": "5",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-PPON-PPBT-4318-RXZR",
                        "name": "Fieldfisher LLP"
                    }
                ],
                "relatedLots": [
                    "Lot 2",
                    "Lot 1",
                    "Lot 4",
                    "Lot 3"
                ]
            },
            {
                "id": "6",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-PPON-PMWT-5385-GRDW",
                        "name": "Gateley Plc"
                    }
                ],
                "relatedLots": [
                    "Lot 4"
                ]
            },
            {
                "id": "7",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-PPON-PGPX-2613-RDWM",
                        "name": "HCR Legal LLP"
                    }
                ],
                "relatedLots": [
                    "Lot 1",
                    "Lot 4",
                    "Lot 3"
                ]
            },
            {
                "id": "8",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-PPON-PXML-4791-NQGQ",
                        "name": "Hogan Lovells International LLP"
                    }
                ],
                "relatedLots": [
                    "Lot 2",
                    "Lot 1"
                ]
            },
            {
                "id": "9",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-PPON-PMGV-6254-LTTL",
                        "name": "KPMG LLP"
                    }
                ],
                "relatedLots": [
                    "Lot 1"
                ]
            },
            {
                "id": "10",
                "status": "valid",
                "tenderers": [
                    {
                        "id": "GB-PPON-PTPW-7259-DYWP",
                        "name": "Linklaters LLP"
                    }
                ],
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                    "Lot 1"
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            },
            {
                "id": "11",
                "status": "valid",
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                    {
                        "id": "GB-PPON-PNXT-4669-GCBV",
                        "name": "Norton Rose Fulbright"
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                ],
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                    "Lot 1",
                    "Lot 3"
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                "id": "12",
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                        "id": "GB-PPON-PZYX-7441-LGJG",
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                "id": "14",
                "status": "valid",
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                        "id": "GB-PPON-PJBY-1724-BGBM",
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                    "Lot 4"
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                "id": "15",
                "status": "valid",
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                        "id": "GB-PPON-PVJG-9439-WNZY",
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            {
                "id": "16",
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                        "id": "GB-PPON-PJLH-4148-CTVZ",
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                "id": "17",
                "status": "valid",
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                        "id": "GB-PPON-PNPG-7838-VNXY",
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                "id": "18",
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                        "id": "GB-PPON-PVZR-9963-YHPV",
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                "id": "19",
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                        "id": "GB-PPON-PYBM-6288-WNYY",
                        "name": "Womble Bond Dickinson"
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                    "Lot 3"
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            {
                "id": "20",
                "status": "valid",
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                        "id": "GB-PPON-PXBL-7231-VLYM",
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                    "Lot 1"
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                "id": "21",
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                "id": "22",
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                    "Lot 1"
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                        "id": "GB-PPON-PCVD-3453-HGXV",
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                    "Lot 3"
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                "id": "25",
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                        "id": "GB-PPON-PQZP-9267-GMPV",
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                    "Lot 3"
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                "id": "7",
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                            "scheme": "CPV",
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            "id": "4",
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                    "id": "GB-PPON-PMTV-6479-YMNX",
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                    "id": "GB-PPON-PCVD-3453-HGXV",
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                            "scheme": "CPV",
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                            "scheme": "CPV",
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    ]
}