--- title: "Property Legal Services" ocid: "ocds-kuma6s-144533" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-144533" markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-144533.md" json_url: "https://d3tenders.com/contract/ocds-kuma6s-144533.json" source: "Sell2Wales" current_stage: "Award" buyer: "DEVELOPMENT BANK OF WALES" published: "2024-12-05" --- # Property Legal Services Buyer: DEVELOPMENT BANK OF WALES Current stage: Award OCID: ocds-kuma6s-144533 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-kuma6s-144533) [Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-144533.json) ## Summary The Development Bank of Wales (DBW) is seeking suppliers to undertake property legal services, classified under the economic affairs and finance industry categories. Located in Wrexham, DBW launched this open procedure tender on 13th September 2024, with the tender period ending on 14th October 2024. The contract has been divided into three lots: Lot 1a for loans up to £250k, Lot 1b for loans between £250k and £1m, and Lot 1c for loans over £1m. Each lot includes specific requirements such as certificate of title, valuation report reviews, pre-completion searches, and more, with an award period starting on 14th October 2024 and contract commencement from 26th November 2024 to 25th November 2026, with options for renewal in 24-month increments up to 8 years. The contract has been awarded and signed, with various SMEs and large corporations securing contracts, including JCP Solicitors, Geldards LLP, and Hugh James. This tender creates substantial opportunities for businesses, particularly legal firms specialising in property services and those experienced in handling different loan sizes and complex transactions. SMEs will find particular advantages in competing for smaller lots, while larger firms can leverage their resources for more extensive services. With the inclusion of community benefits and alignment with DBW’s mission of economic development, participating businesses can significantly enhance their market presence and contribute to regional growth. Firms looking to expand in Wales or solidify their footprint in the property legal sector will find this tender particularly lucrative. ## Notice DBW are looking for suppliers to undertake Property legal services ### Lot Information Lot 1a loan sizes up to 250k This lot is for loan services up to a value of GBP250,000. Suppliers will be required to provide Certificate of title (template) Review valuation report carry out pre-completion searched Deal with completion monies draft and register charge (template) at Companies House and HMLR Renewal: this contract will be extended for a further 8 years in 24 month increments Lot 1b Loan value between 250k to 1m loan sizes of GBP250k to GBP1m (commercial) or GBP1.5m (residential) services will include Certificate of title (template) Review valuation report carry out pre-completion searches deal with completion searches deal with completion monies draft and register charge (template) at Companies House and HMLR Review and build contract and associated collateral warranty (template) Renewal: option to extend for 8 years in 24 month increments Lot 1c loan size over 1m Services required Certificate of title (template) including review of planning permission Review valuation report carry out pre-completion searches deal with completion searches deal with completion monies draft and register charge (template) at Companies House and HMLR Review of build contract and associated collateral warranty (template) review appointments and Collateral Warranties (template) for contractors and consultants Renewal: option to extend for 8 years in 24 month increments ## Key Details | Field | Value | | --- | --- | | Publication source | Sell2Wales | | Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=144533 | | Notice type | OJEU - F3 - Contract Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Large, SME | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 5 Dec 2024 | | Submission deadline | 14 Oct 2024 | | Future notice date | Not specified | | Award date | 3 Dec 2024 | | Contract period | 26 Nov 2024 - 25 Nov 2026 | | Recurrence | 2034 | ## Values | Field | Value | | --- | --- | | Tender value | £5,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £550,000 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | DEVELOPMENT BANK OF WALES | | Locality | WREXHAM | | Post town | Not specified | | Postcode | LL1 37Y | | Country | Not specified | | ITL 1 | Not specified | | ITL 2 | Not specified | | ITL 3 | Not specified | | Local authority | Not specified | | Electoral ward | Not specified | | Westminster constituency | Not specified | | Delivery location | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 13 | | Supplier names | ACUITY LAW; AGRI ADVISOR LEGAL; BERRY SMITH; BROWNE JACOBSON; CAPITAL LAW; CLARKE WILLMOTT; DARWIN GRAY; GELDARDS; HCR LEGAL; HUGH JAMES; JCP SOLICITORS; JNP LEGAL; LE GROS SOLICITORS | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79100000 - Legal services - 79111000 - Legal advisory services ## Release History - 5 Dec 2024 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=144533 - 13 Sep 2024 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=144533 ## Documents - https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=SEP490720 Property Legal Services - DBW are looking for suppliers to undertake Property legal services - https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=DEC495424 Property Legal Services - DBW are looking for suppliers to undertake Property legal services ## Notice URLs - http://developmentbank.wales - https://api.sell2wales.gov.wales/v1?lang=cy/Notice?id=ocds-kuma6s-144533 - https://etenderwales.bravosolution.co.uk - https://etenderwales.bravosolution.co.uk/ - https://www.developmentbank.wales ## 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-kuma6s-144533. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-144533.json.