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| Source: | Find a Tender Service (FTS) |
| Notice Type: | Tender notice |
| Buyer: | Pension Protection Fund |
| Main Category: | Services |
| Procurement Method: | Open procedure |
| Tender Status: | Closed |
| Estimated Value (ex. VAT): |
Pipeline status
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Application Deadline
30 September 2025
Closed
Estimated Value
£16,000,000
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| Estimated Value (inc. VAT): | £19,200,000 |
| Release Date: | 2 September 2025 |
| Application Deadline: | 30 September 2025 |
| Procurement ID (OCID): | ocds-h6vhtk-059242 |
| Notice Reference: | 053182-2025 |
All 3 notices for this procurement, oldest first.
Legal Panel 2026
Legal Panel 2026
Legal Panel 2026
View Original Notice
Access the full notice on the official portal
Awarded to (16 suppliers)
| Award status: | Active |
| Call-off method: | Both: direct call-off and mini-competition |
| Maximum operators: | 16 |
We are seeking proposals from external, third-party suppliers in relation to the establishment of a panel to provide legal services to the Board of the Pension Protection Fund. Bidders will have the opportunity to bid on any of the four lots: Lot 1 Services (Legal Advisory Services) - maximum 4 bidders will be appointed to this lot. Lot 2 Services (Asset Management) - maximum 6 bidders will be appointed to this lot. Lot 3 Services (Real Estate) - maximum 3 bidders will be appointed to this lot. Lot 4 Services (Schemes in Assessment) - maximum 3 bidders will be appointed to this lot. The new panel will be live from Monday 2nd February 2026 and successfully appointed Bidders must be capable of commencing services from this date. The contract term will be for an initial term of 24-months with two optional extension periods of 12-months each to take the maximum possible term to 48 months (2+1+1). This notice is linked to a UK2 - Early Market Engagement Notice, with the below reference numbers. There appears to be a validation bug where we're unable to link the UK2 notice with this UK4 - Tender Opportunity notice, which we are raising with BravoSolutions. Notice number: 2025/S 000-011208 Procedure ID: ocds-h6vhtk-04f8a3 Notice reference 2025-041381
Multiple areas of law, and for which each bidding firm will need to confirm its capability to deliver at least 7 of the 9 of specialisms listed below (excluding “Other”): 1. Employment. 2. General Commercial Contracts including frameworks and Intellectual Property 3. Insolvency including Restructuring and Corporate 4. Information Security /Cyber 5. Litigation 6. Non-financial regulatory services including corporate governance, compliance, Data Protection, and company secretarial. 7. Pensions including contentious and non-contentious. 8. Public Law including but not limited to: Freedom of Information, State Aid, 9. Public Procurement providing commercially practical and pragmatic solutions, understanding PPF risk drivers. 10. Other – (Non exhaustive list includes Family Law / Criminal Law, Personal Injury / Debt Recovery / Asset Management / Real Estate)
Asset management services, including public markets investing, private placement transactions, investing into private funds (primary funds, co-investment funds and continuation vehicles), derivatives and general financial services and regulatory advice (including regulatory change projects and compliance queries related to the PPF’s core investment activities).
To provide legal advice to our appointed third-party asset manager in respect of the PPF’s real estate portfolio in relation to investment-related property transactions. Bidders must be able to provide all services as set out below in respect of real estate matters, unless for exceptional reasons such as jurisdiction. • Acquisitions • Disposals • Lettings • Licences: Assign – Underlet - Alterations • Estate Management Tasks: Variation of Lease – Consents – Rent Review Memo – Renewals (existing terms) • Agreement for Lease: Simple (unconditional) – Complex (Conditional) • Ad-hoc - Legal work relating to Real Estate instructions that doesn’t fall under the above tasks.
Firms on Lot 4 - Schemes in Assessment are an essential support to Trustees of Schemes that enter a PPF Assessment period by offering expert guidance on three core legal tasks: Benefit Specification, Admissible Rules, and Equalisation. During this period, they may also be called upon for ad-hoc matters such as Deeds of Removal and Appointment, Participating Employer queries, and other legal advice as needed. For schemes that are overfunded on a PPF basis and able to provide benefits above PPF compensation levels, the panel may assist trustees with the legal aspects of transacting to secure member benefits. Through timely and strategic advice, the legal panel supports informed decision-making, ensures regulatory compliance, and helps resolve legal complexities, safeguarding the interests of all stakeholders.
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