Contract award notice
Results of the procurement procedure
Section I: Contracting
authority
I.1) Name and addresses
British Business Bank
Foundry House, 3 Millsands
Sheffield
S3 8NH
UK
Telephone: +44 1142502893
E-mail: Procurement@british-business-bank.co.uk
NUTS: UK
Internet address(es)
Main address: http://british-business-bank.co.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
Supply of Legal Services for British Business Bank and British Business Bank Investments Limited.
II.1.2) Main CPV code
79100000
II.1.3) Type of contract
Services
II.1.4) Short description
British Business Bank Investment Limited wishes to invite suppliers with expertise in providing legal advice on UK listed investment trusts and UK government public sector financial asset sales to participate in a procurement exercise for the supply of legal services. Bidders must be able to demonstrate expertise and capacity to provide as a minimum the following mandatory specialisms:
Financial services, including Financial Services and Markets Act, rules of UK Listing Authority, Investment, Corporate (including Capital Markets), Public Law, Tax.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
500 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
79110000
79111000
79140000
II.2.3) Place of performance
NUTS code:
UK
Main site or place of performance:
United Kingdom.
II.2.4) Description of the procurement
This procurement relates to legal services within the meaning of Schedule 3 of the Public Contracts Regulations 2015 (PCR 2015). It is therefore subject to limited regulation and accordingly will be conducted in accordance with regulations 74 to 76 of the PCR 2015. This procurement exercise consists of 2 stages. The 1st stage will begin on 17.6.2016 and responses are required by interested suppliers by close of business on 30.6.2016. An evaluation exercise will then be undertaken by the British Business Bank to short-list a maximum of 4 suppliers. The results of the evaluation exercise will be issued on 1.7.2016 and those suppliers who are shortlisted to go through to the 2nd stage will be issued with a request for proposals document to respond to. Please note the value of this contract is between 100 000 - 500 000 GBP. As this is an accelerated process, please refer to the PQQ Document for all relevant deadlines.
II.2.5) Award criteria
Quality criterion: Criterion 1
/ Weighting: 10
Price
II.2.11) Information about options
Options:
No
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
Restricted procedure
- Accelerated procedure
Justification:
N/A.
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
07/07/2016
V.2.2) Information about tenders
Number of tenders received: 5
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 0
Number of tenders received by electronic means: 4
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Norton Rose Fulbright
3 More London Riverside
London
SE1 2AQ
UK
Telephone: +44 2072836000
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:
: 500 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.
To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=214217304
GO Reference: GO-2016830-PRO-8711325.
VI.4) Procedures for review
VI.4.1) Review body
British Business Bank
Foundry House, 3 Millsands
Sheffield
S3 8NH
UK
Telephone: +44 1142502893
VI.4.4) Service from which information about the review procedure may be obtained
British Business Bank
Foundry House, 3 Millsands
Sheffield
S3 8NH
UK
Telephone: +44 1142062134
VI.5) Date of dispatch of this notice
30/08/2016