Contract award · 18 Nov 2020

Procurement for External Legal Support Services for Alternatives Platform

Border to Coast Pensions Partnership Ltd awarded “Procurement for External Legal Support Services for Alternatives Platform” to Cleveland & Co Associated Limited for £389k on 18 Nov 2020.

Business servicesYorkshire and the Humber

Open competition

Open procedure: the contract was advertised and any supplier could submit a bid.

Key facts

Buyer
Border to Coast Pensions Partnership Ltd · Body governed by public law
Value
£388,800
Procedure
Open procedure
Sector
Business services · Legal services (CPV 79100000)
Timeline
  1. Contract date18 Nov 2020
  2. Published5 Feb 2021Published 79 days after the contract date

Description

Border to Coast is to appoint a single law firm to provide advice in respect of the investments to be acquired by Border to Coast in each Portfolio across the private markets platform. We would like to consider a retainer fee model based on 50 hours per month and 60 hours per month as part of this procurement. Services to include, but not limited to, managing new investments, reviewing investment documentation, investment life cycle issues, transfer of legacy investments, secondary sales, dealing with other legal advisers and liaising with Border to Coast’s tax advisors.

About the supplier

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