PS.

Legal Panel 2026

Pension Protection FundcontractFind a Tender ↗Ref ocds-h6vhtk-059242Procurement Act 2023Light-touch servicesSME suitablepending

Estimated value

—

Awarded value

£16.0m

Awarded 06 Jan 2026

Suppliers

16

Lots

4

4 awarded

Published

06 Jan 2026

Description

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

Scope

Reference
CS0801
Commercial tool
Standalone contract
Contract dates
02 Feb 2026 to 31 Jan 2028
Possible extension to 31 Jan 2030

Initial term of 2-years with the option to extend for a further 2-periods of 12-months each, totalling a maximum term of 4-years.

CPV classifications
79100000
Contract locations
London, United Kingdom
Particular suitability
Small and medium-sized enterprises (SME)

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
TechnicalTechnical Evaluation All four Lots are weighted at 100% quality. Commercial Evaluation Lot 1 (Legal Advisory Services to the Board) and Lot 2 (Asset Management Services): For both Lots, a Blank Rate Card will be provided for Bidders to complete as part of their submission Submitted rate card pricing from Bidders will then be assessed using the Price per Quality Point (PQP) method. This method is explained further in the ITT Documents. For Lot 3 (Real Estate) and Lot 4 (Schemes in Assessment) Bidders will be provided a pre-determined uniform rate cards. The rates set out in these uniform rate cards are not negotiable as part of the process. Bidders are deemed to have accepted these rates if they submit a bid to deliver services under Lot 3 and/or Lot 4.quality100.00%

Submission & procedure

Procedure
Open procedure

Award details· 4 awards

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£3.0m

Award date

06 Jan 2026

Contract start

01 Feb 2026

Contract end

31 Jan 2028

Awarded to
MR
Mills & Reeve LLP
BS
Burges Salmon
OC
Osborne Clarke LLP
BB
Bird & Bird
AG
Addleshaw Goddard
CC
CMS Cameron McKenna Nabarro Olswang
ES
Eversheds Sutherland
PM
Pinsent Mason LLP
OC
Osborne Clarke LLP
HS
Herbert Smith Freehills
MR
Mills & Reeve LLP
BS
Burges Salmon
OC
Osborne Clarke LLP
GW
Gowling WLG (UK) LLP
CC
CMS Cameron McKenna Nabarro Olswang
OC
Osborne Clarke LLP

Lots · 4 total

Divisions of the contract. Each lot can be awarded separately.

View all →
LotTitleEst. valueStatus
Lot 1Legal Advisory Services to the Board£3.0mcomplete
Lot 2Asset Management Services£8.0mcomplete
Lot 3Real Estate£2.0mcomplete
Lot 4Schemes in Assessment£3.0mcomplete