---
title: "Legal Services Framework"
ocid: "ocds-b5fd17-1c19fd4c-77c3-48fd-be5c-974178d1a14f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1c19fd4c-77c3-48fd-be5c-974178d1a14f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1c19fd4c-77c3-48fd-be5c-974178d1a14f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-1c19fd4c-77c3-48fd-be5c-974178d1a14f.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2025-05-01"
---

# Legal Services Framework

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-1c19fd4c-77c3-48fd-be5c-974178d1a14f

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-1c19fd4c-77c3-48fd-be5c-974178d1a14f)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-1c19fd4c-77c3-48fd-be5c-974178d1a14f.json)

## Summary

The procurement process led by the Bank of England involves a Legal Services Framework concerning the provision of Loan and Securities Collateral Legal Panel. This process falls under the legal services industry, specifically categorised under CPV code 79100000, and is set in England, United Kingdom. The procurement was conducted as a restricted procedure above the threshold and has reached the award stage with an active status as of 1st May 2025. The framework is valued at £3,000,000, with the contract period starting on 31st October 2024 and extending until 30th October 2027. The procurement was inclusive of small and medium-sized enterprises (SMEs), although not targeting voluntary, community, and social enterprises (VCSEs).

This tender creates substantial business growth opportunities for legal service providers, particularly those with expertise in loan and securities collateral legal matters. The selective procurement method favours established entities capable of navigating the complexities of the restricted procedure. It is especially suitable for larger legal firms with a strategic interest in expanding their footprint within the UK's financial sector, as evidenced by the awarded contracts to firms like Burges Salmon LLP, Ashurst LLP, and Freshfields LLP. Participating in such frameworks can enhance a business's profile, offering long-term revenue potential and the opportunity to establish or strengthen relationships with key financial institutions like the Bank of England.

## Notice

For the provision of Loan and Securities Collateral Legal Panel.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/4da3b9b6-5b5a-44d0-b6d3-b3618ea16188 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure (above threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 May 2025 |
| Submission deadline | 10 Apr 2024 |
| Future notice date | Not specified |
| Award date | 25 Jul 2024 |
| Contract period | 31 Oct 2024 - 30 Oct 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £3,000,000 |
| Lots value | Not specified |
| Awards value | £3,000,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BANK OF ENGLAND |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2R 8AH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Walbrook |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 3 |
| Supplier names | ASHURST; BURGES SALMON; FRESHFIELDS |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79100000 - Legal services

## Release History

- 1 May 2025 at 10:38 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/4da3b9b6-5b5a-44d0-b6d3-b3618ea16188

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/4da3b9b6-5b5a-44d0-b6d3-b3618ea16188
  1st May 2025 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-1c19fd4c-77c3-48fd-be5c-974178d1a14f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1c19fd4c-77c3-48fd-be5c-974178d1a14f.json.