Legal Services

A Modification Notice
by NEST CORPORATION

Source
OJEU
Type
Contract (Services)
Duration
6 year
Value
£3M-£4M
Sector
BUSINESS
Published
23 Apr 2021
Delivery
To 23 Apr 2027 (est.)
Deadline
n/a

Concepts

Location

London

Geochart for 2 buyers and 1 suppliers

2 buyers

1 supplier

Description

Provision of legal services.

Ammendments to Previous Notice

2. Contract value

GBP 3,000,000 4,000,000

Award Detail

1 Eversheds Sutherland (London)
  • Legal Services
  • Reference: ten-1415-003
  • Value: £3,000,000

CPV Codes

  • 79100000 - Legal services

Indicators

  • Contract modified due to unforeseen circumstances.

Other Information

The value of the contract is based on the total estimated legal spend across all three lots which were procured for legal services at the same time. There is no guarantee as to volume of work or level of fees for any of the firms. The basis for division of the work between the lots was based on: 1) A principle legal provider under this Lot 1 to handle large high value and complex queries relating to NEST’s obligations as a trustee of the scheme and as a non-departmental public body, complex and unique pensions queries and matters relating to the management of the scheme administration contract; and 2) Legal support from the other two lots to handle day to day IP queries, data protection matters, one-off general commercial queries and commodity work. Values were not assigned to each lot due to expected fluctuation over the period and need for flexibility.

Reference

Domains