Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
FAIR4ALL FINANCE LIMITED
11810533
2nd Floor 28 Commercial Street
London
E16LS
UK
Contact person: Gary Stephens
Telephone: +44 7940519544
E-mail: procurement@fair4allfinance.org.uk
NUTS: UKI42
Internet address(es)
Main address: https://fair4allfinance.org.uk/
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Special Purpose Vehicle and Implementation Support
II.1.2) Main CPV code
66000000
II.1.3) Type of contract
Services
II.1.4) Short description
Fair4All Finance were seeking provider(s) who could create and support the design and implementation of appropriate special purpose vehicles where it works with providers to achieve its mission through the provision of capital for various activities.
II.1.6) Information about lots
This contract is divided into lots:
Yes
II.1.7) Total value of the procurement
Value excluding VAT:
30 000.00
GBP
II.2) Description
Lot No: 1
II.2.1) Title
Lot 1 - Blue prints
II.2.2) Additional CPV code(s)
66000000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
SPV Strategic considerations. When to use an SPV - To accompany the SPV blue print work below we need to see the high level rationale for where the use of this SPV is appropriate - what it achieves and what it cannot eg it may also be appropriate to consider what aspects of our social imperative can be achieved through the SPV and where wider obligations may be more appropriate, eg our Affordable Credit Code of Good Practice may be something we seek to have the entire organisation adopt, not just function within the SPV. This should address where not using an SPV but addressing the interplay between our capital and existing investors is aptly covered in an inter creditor agreement, and where this is not desirable.
II.2.5) Award criteria
Price
II.2.11) Information about options
Options:
Yes
Description of options:
The term may be extended where bidders can set out clear discounts for multiple year engagements and multiple SPV operations.
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 2
II.2.1) Title
Lot 2a - Implementation - Legal Advisor
II.2.2) Additional CPV code(s)
79100000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
Fair4All Finance required the following implementation partners to put in place the complex special purpose vehicle arrangement set out in the blueprint(s) (Lot 1) which will also articulate the required permissions (if any) needed for each party:
Lot 2 a: Legal advisor to draft appropriate services contracts, set up the entity and articles etc and to incorporate the detailed arrangements to achieve Fair4All Finance's social purpose set out in the blueprint.
II.2.5) Award criteria
Price
II.2.11) Information about options
Options:
Yes
Description of options:
Contracts may be extended based on whether further appropriate special purpose vehicles are agreed. The term may be extended where bidders can set out clear discounts for multiple
year engagements and multiple SPV operations.
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 3
II.2.1) Title
Lot2b - Implementation - Managing Agent
II.2.2) Additional CPV code(s)
66000000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
Fair4All Finance required the following implementation partners to put in place the complex special purpose vehicle arrangement set out in the blueprint(s) above which will also articulate the required permissions (if any) needed for each party:
• Lot 2 b: Managing agent to oversee the operation of each instance of the SPV that is deployed.
Other relevant CPV codes for Lot 2b include:
1. Corporate finance and venture capital services.
2. Financial consultancy, financial transaction processing and clearing-house services.
3. Investment banking services and related services.
4. Legal
II.2.5) Award criteria
Price
II.2.11) Information about options
Options:
Yes
Description of options:
The agreement can be extended at Fair4All Finance's discretion based on the special purpose vehicles being deployed, which are an unknown at this stage. The term may be extended where bidders can set out clear discounts for multiple year engagements and
multiple SPV operations.
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 4
II.2.1) Title
Lot 2c - Implementation - Fail over lender/provider
II.2.2) Additional CPV code(s)
66113000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
We require the following implementation partners to put in place the complex special purpose vehicle arrangement set out in the blueprint(s) above which will also articulate the required permissions (if any) needed for each party:
• Lot 2 c: Fail over lender / provider - organisation ready to step in to operate the work covered under the SPV as and when needed.
Other relevant CPV codes for Lot 2c include:
1. Financial and insurance services
2. Financial consultancy, financial transaction processing and clearing-house service
II.2.5) Award criteria
Price
II.2.11) Information about options
Options:
Yes
Description of options:
The agreement can be extended dependent on whether a fail over/lender is required to step in to operate the work covered under an SPV as required. This is unknown at this stage. The term may be extended where bidders can set out clear discounts for multiple year engagements and multiple SPV operations.
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2023/S 000-013172
Section V: Award of contract
Lot No: 2a
Title: Lot 2a - Implementation - Legal Advisor
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
31/08/2023
V.2.2) Information about tenders
Number of tenders received: 3
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Dentons UK and Middle East LLP
OC322045
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 25 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 1
Title: Lot 1 - Blue prints 1
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
31/08/2023
V.2.2) Information about tenders
Number of tenders received: 2
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Dentons UK and Middle East LLP
OC322045
London
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 30 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
Contracts were not awarded under Lots 2b & 2c
VI.4) Procedures for review
VI.4.1) Review body
Royal Courts of Justice
London
WC2A 2LL
UK
VI.5) Date of dispatch of this notice
20/06/2025