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We are seeking proposals from external, third-party suppliers in relation to the establishment of a panel to provide legal services to the Board of the Pension Protection Fund.
Bidders will have the opportunity to bid on any of the four lots:
Lot 1 Services (Legal Advisory Services) - maximum 4 bidders will be appointed to this lot.
Lot 2 Services (Asset Management) - maximum 6 bidders will be appointed to this lot.
Lot 3 Services (Real Estate) - maximum 3 bidders will be appointed to this lot.
Lot 4 Services (Schemes in Assessment) - maximum 3 bidders will be appointed to this lot.
The new panel will be live from Monday 2nd February 2026 and successfully appointed Bidders must be capable of commencing services from this date.
The contract term will be for an initial term of 24-months with two optional extension periods of 12-months each to take the maximum possible term to 48 months (2+1+1).
This notice is linked to a UK2 - Early Market Engagement Notice, with the below reference numbers. There appears to be a validation bug where we're unable to link the UK2 notice with this UK4 - Tender Opportunity notice, which we are raising with BravoSolutions.
Notice number:
2025/S 000-011208
Procedure ID:
ocds-h6vhtk-04f8a3
Notice reference
2025-041381
| Supplier | Identifier | Award Value | Lots Won | Cross-References |
|---|---|---|---|---|
| Addleshaw Goddard | 04673315 | ~£8,000,000 estimated from lot values | 1 lot Asset Management Services | - |
| Bird & Bird | OC340318 | ~£3,000,000 estimated from lot values | 1 lot Legal Advisory Services to the Board | - |
| Burges Salmon | OC307212 | ~£5,000,000 estimated from lot values | 2 lots Legal Advisory Services to the Board · Real Estate | - |
| CMS Cameron McKenna Nabarro Olswang | OC310335 | ~£11,000,000 estimated from lot values | 2 lots Asset Management Services · Schemes in Assessment | - |
| Eversheds Sutherland | 10501301 | ~£8,000,000 estimated from lot values | 1 lot Asset Management Services | MP LINK David Davis— Employment and earnings |
| Gowling WLG (UK) LLP | OC304378 | ~£3,000,000 estimated from lot values | 1 lot Schemes in Assessment | - |
| Herbert Smith Freehills | 16075040 | ~£8,000,000 estimated from lot values | 1 lot Asset Management Services | - |
| Mills & Reeve LLP | 02242713 | ~£5,000,000 estimated from lot values | 2 lots Legal Advisory Services to the Board · Real Estate | - |
| Osborne Clarke LLP | OC397443 | ~£16,000,000 estimated from lot values | 4 lots Legal Advisory Services to the Board · Asset Management Services · Real Estate · Schemes in Assessment | - |
| Pinsent Mason LLP | OC333653 | ~£8,000,000 estimated from lot values | 1 lot Asset Management Services | - |
Taken from this notice, not from Companies House. Check the original notice — details change and are not updated here.
This procurement was divided into 4 lots, each awarded separately. 67 bids were received in total.
| Lot | Value | Bids Received | Awarded To | Status |
|---|---|---|---|---|
| Lot Lot 1 Legal Advisory Services to the Board Feb 2026 – Jan 2028 | £3,000,000 | 22 | Mills & Reeve LLP Burges Salmon Osborne Clarke LLP Bird & Bird | pending |
| Lot Lot 2 Asset Management Services Feb 2026 – Jan 2028 | £8,000,000 | 19 | Addleshaw Goddard CMS Cameron McKenna Nabarro Olswang Eversheds Sutherland Pinsent Mason LLP Osborne Clarke LLP Herbert Smith Freehills | pending |
| Lot Lot 3 Real Estate Feb 2026 – Jan 2028 | £2,000,000 | 15 | Mills & Reeve LLP Burges Salmon Osborne Clarke LLP | pending |
| Lot Lot 4 Schemes in Assessment Feb 2026 – Jan 2028 | £3,000,000 | 11 | Gowling WLG (UK) LLP CMS Cameron McKenna Nabarro Olswang Osborne Clarke LLP | pending |
Notices published under the Procurement Act 2023 name every bidder, including unsuccessful ones.
| Bidder | Bid on | Outcome |
|---|---|---|
| Osborne Clarke LLP | Lots Lot 2, Lot 1, Lot 4, Lot 3 | Wonlots Lot 1, Lot 2, Lot 3, Lot 4 |
| Burges Salmon | Lots Lot 2, Lot 1, Lot 4, Lot 3 | Wonlots Lot 1, Lot 3 |
| CMS Cameron McKenna Nabarro Olswang | Lots Lot 2, Lot 1, Lot 4, Lot 3 | Wonlots Lot 2, Lot 4 |
| Mills & Reeve LLP | Lots Lot 2, Lot 1, Lot 3 | Wonlots Lot 1, Lot 3 |
| Addleshaw Goddard | Lots Lot 2, Lot 1, Lot 3 | Wonlot Lot 2 |
| Bird & Bird | Lot Lot 1 | Wonlot Lot 1 |
| Eversheds Sutherland | Lots Lot 2, Lot 1, Lot 3 | Wonlot Lot 2 |
| Gowling WLG (UK) LLP | Lots Lot 2, Lot 1, Lot 4, Lot 3 | Wonlot Lot 4 |
| Herbert Smith Freehills | Lots Lot 2, Lot 1 | Wonlot Lot 2 |
| Pinsent Mason LLP | Lots Lot 2, Lot 1, Lot 4 | Wonlot Lot 2 |
| A&O Shearman | Lots Lot 2, Lot 1 | Unsuccessful |
| Arc Pensions Law LLP | Lot Lot 4 | Unsuccessful |
| Bevan Brittan | Lots Lot 1, Lot 4, Lot 3 | Unsuccessful |
| Davitt Jones Bould | Lot Lot 3 | Unsuccessful |
| Fieldfisher LLP | Lots Lot 2, Lot 1, Lot 4, Lot 3 | Unsuccessful |
| Gateley Plc | Lot Lot 4 | Unsuccessful |
| HCR Legal LLP | Lots Lot 1, Lot 4, Lot 3 | Unsuccessful |
| Hogan Lovells International LLP | Lots Lot 2, Lot 1 | Unsuccessful |
| KPMG LLP | Lot Lot 1 | Unsuccessful |
| Linklaters LLP | Lots Lot 2, Lot 1 | Unsuccessful |
| Norton Rose Fulbright | Lots Lot 2, Lot 1, Lot 3 | Unsuccessful |
| Russell-Cooke LLP | Lot Lot 1 | Unsuccessful |
| Simmons & Simmons LLP | Lot Lot 2 | Unsuccessful |
| Stephenson Harwood LLP | Lots Lot 1, Lot 4 | Unsuccessful |
| The Wilkes Partnership LLP | Lot Lot 3 | Unsuccessful |
| Travers Smith LLP | Lots Lot 2, Lot 1 | Unsuccessful |
| White & Case LLP | Lot Lot 2 | Unsuccessful |
| Winckworth Sherwood LLP | Lot Lot 3 | Unsuccessful |
| Winston & Strawn | Lot Lot 2 | Unsuccessful |
| Womble Bond Dickinson | Lots Lot 2, Lot 1, Lot 3 | Unsuccessful |
Weightings from the notice, applied to every lot.
Government spending data: These suppliers have received £507,081,345 in 3,717 payments (over £25k) from Department for Transport, Department for Education, BEIS, DEFRA, Ministry of Defence and 58 more public bodies (2010-06-10 to 2026-08-19).