PUBLISHED COMMERCIAL FIELDSValues stay separate.
A tender estimate and an award value answer different questions. Neither is treated as cash paid.
- Award value
- £1,750,000
award field- Tender value
- £1,750,000
tender field- Procurement method
- Call-off from a framework agreement
- Category
- services
- CPV
- 79100000
Legal services- Delivery
- British Oversea Territories
No postcode
PUBLISHED DESCRIPTION
What the notice says
Provision of legal advice in relation to electricity and gas supplier financial difficulties, insolvencies and subsequent government response which may include, but not be limited to: the Supplier of Last Resort (SoLR) process, requirements for a Special Administration Regime (SAR) and wider considerations related to supplier failure and market stability. In the case of a SAR, this would need to be established very quickly, and short notice legal work would be required ahead of the actual initiation of a SAR. Any delay accessing legal support under such circumstances risks a disorderly exit from the market, risking the continued supply of energy to customers, and having wider repercussions on retail and wholesale markets.
Tender statuscomplete