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| Source: | Contracts Finder |
| Notice Type: | Award notice |
| Buyer: | Department for Business, Energy & Industrial Strategy |
| Main Category: | Services |
| Procurement Method: | Call-off from a framework agreement |
| Tender Status: | Closed |
| Estimated Value (ex. VAT): |
Awarded to
| Award value: | £57,000 |
| Award decision date: | 20 September 2022 |
| Award status: | Active |
Legal services for the support of writing A short report. Report to include: - review existing finance documentation and council call option from an obligations and security release perspective, and considering potential insolvency concerns in relation thereto - review and finalise deeds of release in relation to existing finance and council call option - considering and discussing security release and timeline - discuss and draft loan agreement documents - draft, negotiate and finalise documents taking security over land - review and comment on the documentation required to support a scenario is which the site is acquired for deferred consideration and lease back to the company - Comment on how the scenario of deferred consideration and leaseback to the company compares to other options in terms of risks and benefits - Consider the legality and deliverability of other options for deployment of funding to the company for an AMA process.
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Pipeline status
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Application Deadline
20 September 2022
Closed
Estimated Value
£57,000
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| Release Date: | 18 October 2022 |
| Application Deadline: | 20 September 2022 |
| Contract Start Date: | 20 September 2022 |
| Contract End Date: | 23 September 2022 |
| Contract Duration: | 0 months |
| Procurement ID (OCID): | ocds-b5fd17-d4e4e20f-27b8-4529-9839-999d542292aa |
| Notice Reference: | dc4add46-52c6-46fb-ad80-a740c4679dbd-581435 |
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