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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.

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13 Aug 2024 at 01:00

OJEU - F3 - Contract Award Notice
Summary of the contracting process

Finance Wales, headquartered in Cardiff, has recently issued a tender titled "Framework Agreement for the provision of Legal Services to Finance Wales" under the industry category of Economic Affairs. The tender, which spans multiple lots covering various legal service areas, is at the award stage but has been cancelled. Key dates related to this process were finalised on 13 August 2024. The tender was targeted for services across the UK, with a specific focus on legal consultancy in diverse segments, including Fund Management, Employment Law, Intellectual Property, and Property Development. The procurement method was selective, following a restricted procedure to ensure high-quality service providers.

This tender presented significant opportunities for growth, particularly for legal firms with expertise in specific subject matters such as corporate advice, employment law, and intellectual property. The framework agreement aimed at creating a robust support system for Finance Wales by leveraging specialised legal skills under multiple lots, each having distinct requirements and award criteria, typically favouring competitive pricing and effective client care. Legal firms with proven track records in these areas were well-suited to participate and had the potential to secure significant engagements contributing to their business expansion in the public sector. Although currently cancelled, similar future opportunities would likely benefit small to midsize legal enterprises aiming to establish or strengthen their foothold in government contracts.

How relevant is this notice?

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.. 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. 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.. 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.. 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.. 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.. 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.. 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.. 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.. 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.. 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.. 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.. 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.. 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.. 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. 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. 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.. 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.. The award for this Lot will be to a Single Provider

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-kuma6s-041394
Publication Source
Sell2Wales
Latest Notice
https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=041394
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
OJEU - F3 - Contract 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
Not specified
Postcode Area
Not specified
Country
Not specified
Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified
Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

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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