Energy Retail Markets Legal Advice and Services
key details
| Value | £1,750,000 |
|---|---|
| Status | complete |
| Category (CPV) | 79100000 |
| Deadline | 22 Nov 2024 |
| Contract start | 10 Jan 2025 |
| Contract end | 10 Jan 2026 |
| Procedure | selective |
| SME suitable | Yes |
| OCID | ocds-b5fd17-a3e7022e-82e0-4042-a47e-4aa70c787672 |
Awards (2)
This procurement was awarded to 2 suppliers. Values shown are per-award; the notice total is £1,750,000.
| Supplier | Value | Date | Status |
|---|---|---|---|
| Mills & Reeve LLP shared | £1,750,000 | 30 Dec 2024 | active |
| Sharpe Pritchard LLP shared | £1,750,000 | 30 Dec 2024 | active |
description
Provision of legal advice in relation to electricity and gas supplier financial difficulties, insolvencies and subsequent government response which may include, but not be limited to: the Supplier of Last Resort (SoLR) process, requirements for a Special Administration Regime (SAR) and wider considerations related to supplier failure and
market stability. In the case of a SAR, this would need to be established very quickly, and short notice legal work would be required
ahead of the actual initiation of a SAR. Any delay accessing legal support under such circumstances risks a disorderly exit from the
market, risking the continued supply of energy to customers, and having wider repercussions on retail and wholesale markets.
notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 12 Feb 2025 | Award (award) | · | 586cdaee-d7ed-43ee-ab82-f2ef35080f84-825595 |
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source
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