The requirement for legal services was competed under the Office of Government Commerce buying solutions “Legal Services - major projects (including complex, innovative PFI/PPP)” framework ref RM373/L8. The requirement was “advertised” via a collaborative Framework Agreement.
The following evaluation criteria were used:
Demonstrable capability of the team in the relevant areas, particularly strong, proven skills in public finance initiative/public-private partnership lender advisory work on closed transactions.
Demonstrable capability to work with public sector authorities in the PFI/PPP sector
Capacity and strength in depth in the firm, to provide the necessary support as and when required
Responses were received from eight firms, three of whom were invited to interview.
No monetary value was assigned to the contract. A schedule of hourly rates was agreed subject to staff seniority.