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Legal Advice to Pension Fund

Isle of Wight Council

This public procurement record has 1 release in its history.

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14 Sep 2026 at 18:52

UK7 - Contract Details Notice
Summary of the contracting process

The Isle of Wight Council procured legal advisory services for its pension fund. The requirement covers various forms of legal advice supporting the fund, rather than general council legal services. It is a professional services opportunity for law firms or specialist legal practices able to advise a public-sector pension fund. The work is associated with the Isle of Wight, with delivery within the United Kingdom. The council is the public body buying and managing the requirement. The procurement sits within the broad financial and insurance services category, although the described service is legal advice to the pension fund. The appointed supplier is Gowling WLG (UK) LLP, a large legal practice, indicating that the requirement was suitable for a supplier with the breadth and organisational capacity to provide ongoing specialist advice to a council pension fund.

The procurement has been completed and awarded through a direct below-threshold procedure without competition. One lot was completed, and the contract was awarded to Gowling WLG (UK) LLP. The contract was signed on 1 April 2024 and runs from 19 April 2024 to 30 September 2026. Its value is £140,000 excluding VAT, or £168,000 including VAT. The contract is active. The requirement was therefore evaluated and concluded through a non-competitive route rather than an open tender, and the recorded outcome is a single supplier appointment. The stated procurement method and below-threshold status are important indicators for businesses assessing the council’s route to market for similar pension-fund legal requirements.

This procurement demonstrates recurring demand from the Isle of Wight Council for external legal advice to support its pension fund. A credible competitor for a future requirement would need to provide specialist legal services relevant to pension-fund matters, work effectively with a public-sector council and support a range of advice needs rather than a single narrowly defined task. The successful supplier’s classification as a large organisation suggests that breadth of expertise, resilience and the capacity to provide continuing advice were commercially relevant. Firms considering this buyer should therefore assess their pension, financial-services and public-sector legal capability, their ability to manage varied instructions and their capacity to deliver a dependable service for a council pension fund.

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Notice Information

Notice Title

Legal Advice to Pension Fund

Notice Description

various items of legal advice to the pension fund

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06f998
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/087077-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£140,000 £100K-£500K

Notice Dates

Publication Date
14 Sep 2026Yesterday
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
19 Apr 2024 - 30 Sep 2026 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Isle of Wight Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWPORT
Postcode
PO30 1UD
Postcode Area
Portsmouth
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ34 Isle of Wight
Delivery Location
Not specified
Local Authority
Isle of Wight
Electoral Ward
Newport Central
Westminster Constituency
Isle of Wight West

Supplier Information

Number of Suppliers
1
Supplier Name

Gowling WLG (UK) LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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