---
title: "2026-024 Legal Support for Financial and Insolvency Matters"
ocid: "ocds-b5fd17-36233c39-937b-4bde-83cb-c4d6db1017d1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-36233c39-937b-4bde-83cb-c4d6db1017d1"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-36233c39-937b-4bde-83cb-c4d6db1017d1.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-36233c39-937b-4bde-83cb-c4d6db1017d1.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "OFGEM"
published: "2026-04-17"
---

# 2026-024 Legal Support for Financial and Insolvency Matters

Buyer: OFGEM  
Current stage: Award  
OCID: ocds-b5fd17-36233c39-937b-4bde-83cb-c4d6db1017d1

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## Summary

The legal services procurement process conducted by Ofgem sought expertise in handling complex financial and insolvency matters within the energy sector. This contract, titled "2026-024 Legal Support for Financial and Insolvency Matters," falls under the legal services category and covers advisory services and representation. It involved an open procedure, with Ofgem engaging Hogan Lovells International LLP for a contract valued at £240,000. The process concluded with an active award on 17th March 2026, establishing the delivery of services from 17th March 2026 to 15th March 2028. The procurement focused on supplying specialist legal advice that augments Ofgem's internal legal capabilities and ensures practical enforcement of financial resilience principles across various jurisdictions including the UK, Europe, and global locations.

This procurement presents significant opportunities for law firms that specialise in financial and insolvency law, particularly those that can provide expert advice tailored to the unique challenges within the energy industry. Offering short-term legal support for complex financial matters, the contract is particularly suitable for small and medium-sized enterprises (SMEs) with niche expertise in regulatory compliance and corporate financial restructuring. Participation in similar tenders can substantially enhance a business's portfolio, showcasing its capability to resolve intricate legal challenges for governmental bodies like Ofgem.

## Notice

Following the introduction of the Financial Resilience Principles, Ofgem has been required to assess complex corporate and financial structures of energy suppliers. This requirement has become even more significant following the introduction of standard licence conditions on 31 March 2025, which oblige suppliers to satisfy both the Capital Floor and Capital Target. Ofgem therefore requires support from a supplier for short-term legal support services to augment the internal legal team, with a primary focus on delivering specialist technical legal advice in areas where the internal team may lack expertise. This support will be particularly directed towards advising on complex financial legal matters concerning a supplier's position. Ofgem will also require legal advice in respect of the practical applicability of enforcement of the Financial Resilience Principles (e.g., dealing with conflicting interpretations of definitions and interpretative analysis). It may also be necessary for this advice to address strategies for handling risks related to possible supplier insolvency.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1d33448b-e7ce-499a-9fa6-abe369785d6d |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Apr 2026 |
| Submission deadline | 1 Jan 2026 |
| Future notice date | Not specified |
| Award date | 17 Mar 2026 |
| Contract period | 17 Mar 2026 - 15 Mar 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £240,000 |
| Lots value | Not specified |
| Awards value | £240,000 |
| 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 | OFGEM |
| Locality | LONDON |
| Post town | East London |
| Postcode | E14 4PU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Canary Wharf |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HOGAN LOVELLS INTERNATIONAL |

## CPV Codes

### Divisions

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

### Codes

- 79100000 - Legal services
- 79111000 - Legal advisory services
- 79112000 - Legal representation services
- 79140000 - Legal advisory and information services

## Release History

- 17 Apr 2026 at 16:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1d33448b-e7ce-499a-9fa6-abe369785d6d

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1d33448b-e7ce-499a-9fa6-abe369785d6d
  17th April 2026 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=APR171225
  NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.

## Notice URLs

- http://www.ofgem.gov.uk

## 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-b5fd17-36233c39-937b-4bde-83cb-c4d6db1017d1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-36233c39-937b-4bde-83cb-c4d6db1017d1.json.