---
title: "Legal Services Framework Agreement"
ocid: "ocds-b5fd17-a739533c-edb7-4e4d-8d93-02fb24a87a81"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a739533c-edb7-4e4d-8d93-02fb24a87a81"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a739533c-edb7-4e4d-8d93-02fb24a87a81.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-a739533c-edb7-4e4d-8d93-02fb24a87a81.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE FINANCIAL REPORTING COUNCIL LIMITED"
published: "2024-09-27"
---

# Legal Services Framework Agreement

Buyer: THE FINANCIAL REPORTING COUNCIL LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-a739533c-edb7-4e4d-8d93-02fb24a87a81

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-a739533c-edb7-4e4d-8d93-02fb24a87a81)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-a739533c-edb7-4e4d-8d93-02fb24a87a81.json)

## Summary

The Financial Reporting Council (FRC), based in London, has awarded a Legal Services Framework Agreement worth £2.29 million. The FRC is an independent regulator that upholds high standards of corporate governance, reporting, and auditing in the UK. This contract, which involved an open procurement method above the threshold, saw its award completion on 27th September 2024. The awarded contract period spans from 1st October 2024 to 30th September 2029, with a potential one-year extension option. The location of service delivery is at postal code EC2Y 5AS. Notably, the initial tender deadline was extended from 7th May 2024 to 21st May 2024, ensuring sufficient response time for interested parties.

This framework creates significant business growth opportunities for law firms, particularly those experienced in providing corporate legal advice, handling information and risk management, and supporting legal challenges and litigation. The panel comprises leading firms such as Herbert Smith Freehills LLP, DLA Piper UK LLP, Gowling WLG (UK) LLP, and TLT LLP. This contract is well-suited for medium to large-scale law firms aiming to expand their footprint in public sector consultancy, as it involves a broad range of legal advisory services crucial for the continuous operation and confidence in the UK's financial ecosystem. Small and medium-sized enterprises (SMEs) were eligible to compete, fostering inclusive growth within the legal services industry.

## Notice

THIS IS A CONTRACT AWARD NOTICE - THIS TENDER HAS BEEN COMPLETED/AWARDED. The Financial Reporting Council (FRC) is an independent regulator which serves the public interest by setting high standards of corporate governance, corporate reporting and audit and by holding to account those responsible for delivering them. The FRC also monitors and takes enforcement action where things go wrong to ensure the proper operation of the market and confidence in the UK economy and the UK's international reputation as an attractive place to do business. The purpose of this exercise is to create a Framework Agreement to provide a panel of law firms (the panel) to provide legal services for the FRC, through the FRC's in-house legal team. The legal team advises on a wide range of issues, including but not limited to: * creating, implementing, using and maintaining the FRC's powers and procedures; * developing and maintaining legally sound policies across the FRC; * information handling, sharing and risk; * corporate legal advice (eg on contracts, governance, intellectual property rights, brand and logo use, insurance etc); * responding to challenges (eg judicial review and complaints) as well as all litigation taken by, and against, the FRC; PLEASE NOTE THIS OPPORTUNITY WAS ALSO PUBLISHED ON FIND A TENDER Additional information: Additional text THIS IS A CONTRACT AWARD NOTICE - THIS TENDER HAS BEEN COMPLETED/AWARDED. The Framework Agreement is for a duration of four years with the option to extend by 1 year (as per the original notices).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/908d7eb5-e9ab-4595-8781-3add96f0b3a9 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Sep 2024 |
| Submission deadline | 21 May 2024 |
| Future notice date | Not specified |
| Award date | 26 Sep 2024 |
| Contract period | 30 Sep 2024 - 30 Sep 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,290,000 |
| Lots value | Not specified |
| Awards value | £2,290,000 |
| 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 | THE FINANCIAL REPORTING COUNCIL LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2Y 5AS |
| 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 | Bassishaw |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 4 |
| Supplier names | DLA PIPER; GOWLING WLG (UK; HERBERT SMITH FREEHILLS; TLT |

## CPV Codes

### Divisions

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

### Codes

- 79100000 - Legal services

## Release History

- 27 Sep 2024 at 16:04 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/908d7eb5-e9ab-4595-8781-3add96f0b3a9
- 1 May 2024 at 08:09 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/1e19204b-61b1-41c3-a350-59ef3ff2c17c
- 4 Apr 2024 at 12:43 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/1e19204b-61b1-41c3-a350-59ef3ff2c17c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/908d7eb5-e9ab-4595-8781-3add96f0b3a9
  27th September 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/1e19204b-61b1-41c3-a350-59ef3ff2c17c
  1st May 2024 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/d4187110-3ea2-46c9-9a73-4122a6c7e3aa
  Cover letter and general Guidance on tendering
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/984109a3-ccd9-4dd7-90e5-cd7c419d18a0
  Standard Selection Questionnaire
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/a8d9ed18-7a3b-4717-97df-1c81305c9c4e
  Legal Services Panel Invitation to Tender
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/4348c08c-de91-4df1-a3b8-cde552ce0bb6
  Tender Response Document

## Notice URLs

- https://www.frc.org.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-a739533c-edb7-4e4d-8d93-02fb24a87a81. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a739533c-edb7-4e4d-8d93-02fb24a87a81.json.