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Finance & Complex Legal Services

Contract ID: RM3787

Start Date: 24/08/2017

End Date: 23/08/2019

Description

This is a single Panel Agreement under which all suppliers will provide all mandatory specialisms. Suppliers will also offer a number of optional specialisms. The agreement is designed to provide legal services to central government customers. 

Mandatory Specialisms:

  • Corporate Finance
  • Rescue, Restructuring & Insolvency
  • Financial services, market and completion regulation
  • Investment & Commercial Banking
  • Insurance & Reinsurance
  • Investment & Asset Management
  • Equity Capital Markets
  • Debt Capital Markets
  • Asset Finance
  • High value or complex transactions and disputes
  • High value or complex merger and acquisition activity
  • Projects of exceptional innovation and complexity

Optional Specialisms:

  • Sovereign debt restructuring including international and EU structures and processes
  • International development/aid funding
  • International Financial Organisations
  • All aspects of law and practice relating to international trade agreements, investments and associated regulations, and to the United Kingdom’s exit from the European Union, in so far as they relate to the above projects
  • Credit/Bond insurance, counter indemnities, alternative risk transfer mechanisms

Benefits

  • Will replace elements of RM919
  • Offers optional specialisms alongside mandatory
  • Provides facilities for both direct award and further competition
  • One panel with reduced number of suppliers making call-off process easier
  • Secures professional and cost effective legal advice network to HM Government Departments, Executive Agencies and Arms-Length Bodies
  • Provide external Legal Services at competitive cost whilst improving quality
  • Competitive rates across practitioner grades
  • The ability to deliver high value, high profile and complex projects

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Access

You will find a number of helpful documents under the document tab on this page. It is recommended that customers begin by reading the customer guidance. The Panel Agreement also provides information on the services offered, and customers may find this useful when considering how to award their contract.

Customers should access the supplier prospectuses along with the ordering procedure which can be found at panel schedule 5, an addendum of the Panel Agreement.

Further competition is also available and, again, guidance can be found in schedule 5 of the Panel Agreement. If considering using further competition customers will also have access to the eSourcing suite, which will contain useful templates. When considering using the eSourcing suite please consult the customer guidance which will help you with registration and navigation.

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Savings

- Savings can maximised on this panel agreement by way of further competition.

- Alternative pricing model from RM919, through hourly, daily and monthly rates.

- Alternative fee arrangements have been introduced.

- Numerous value added services have been secured as part of the agreement, details of which can be provided. 

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Background

The agreement was produced to improve and replace the previous legal services framework RM919.

The agreement was developed with key stakeholder Government Legal Department. Market engagement also took place with suppliers, from which feedback was gathered.

CCS is the contracting authority and as such it will manage the Panel Agreement. However, Government Legal Department will also employ a Strategic Relationship Manger for the Panel Agreement.

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Lot details

Lot Number Lot Name Lot Category Number of Suppliers Contract Expiry
1 Finance & Complex Legal Services Professional Services 9 - click here to view suppliers 23/08/2019

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Framework Manager Contact Details

Lucy Williams

lucy.williams@crowncommercial.gov.uk

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