---
title: "Legal Services Framework"
ocid: "ocds-h6vhtk-042d0d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042d0d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-042d0d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-042d0d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2025-05-06"
---

# Legal Services Framework

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-h6vhtk-042d0d

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## Summary

The Bank of England, located in London, recently completed a selective procurement process under a restricted procedure for a legal services framework. This tender aimed to appoint a panel of three law firms specialising in loan and securities collateral to support the Bank's market operations. The industry category for this procurement is business services, specifically legal services, with the CPV classification code 79100000. The procurement process is complete, with contracts awarded to Burges Salmon LLP, Ashurst LLP, and Freshfields Bruckhaus Deringer LLP, each with a contract value of £3,000,000. The framework agreement, covering the delivery of services throughout the UK, is set for a term of three years with no obligation for service purchase by the Bank, nor exclusive rights granted to the suppliers. The contracts were signed on 4th November 2024 and 2nd April 2025.

This tender presents growth opportunities for law firms specialising in providing due diligence and legal reviews related to collateral. Firms with expertise in legal consultancy within the financial services industry can benefit from such frameworks as they allow participation in high-profile contracts with significant contract values. Larger legal enterprises, like those awarded in this framework, can leverage such opportunities to expand their client base and gain strategic insight into sophisticated financial operations. The nature of this procurement highlights the potential for businesses to engage in ongoing legal services and contribute to crucial financial processes, complementing their portfolio with public sector engagements.

## Notice

The Bank of England ('the Bank') conducted a restricted tender procedure to appoint a specialist legal panel of three Suppliers in relation to loan and securities collateral. The contract term is for 3 years. There is no obligation for the Bank to purchase any services from a Supplier during the term of the Framework Agreement and the Bank grants no form of exclusivity to any Supplier under the Contract.

### Lot Information

Lot 1

For the provision of Loan and Securities Collateral Legal Panel.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/018995-2025 |
| Notice type | Tender Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 6 May 2025 |
| Submission deadline | 14 Feb 2024 |
| Future notice date | Not specified |
| Award date | 4 Nov 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £3,600,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £3,000,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## 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 | Not specified |

## Supplier

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

## CPV Codes

### Divisions

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

### Codes

- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security
- 79100000 - Legal services

## Release History

- 6 May 2025 at 09:32 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/018995-2025
- 15 Jan 2024 at 12:00 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/001242-2024

## Notice URLs

- https://supplierlive.proactisp2p.com/Account/Login
- https://www.bankofengland.co.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-h6vhtk-042d0d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-042d0d.json.