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Awarded United Kingdom Services

The Provision of Legal Services to the Teesside Flexible Investment Fund

Buyer: Development Bank of Wales

Published
22 January 2025
Estimated value
£300,000
Place of performance
UKC1
Procedure
Open procedure
Lots
1
Notice number
002284-2025
Reference
ocds-h6vhtk-045435
Official source
Official source

CPV codes

Description

Teesside Flexible Investment Fund The Teesside Flexible Investment Fund (“TFIF”) is a GBP20m fund established in April 2024 with financial support from the Teesside Pension Fund to facilitate the delivery of business succession and property development projects in Teesside that support economic growth and create employment. The fund can also facilitate the delivery of contracts, although this is outside of the scope of this procurement. The fund can provide funding from GBP250,000 to GBP3,000,000 over a maximum five (5) year term. 2.4 FWC as Fund Managers of the TFIF, are seeking to appoint an experienced legal panel on a call off basis to be utilised as and when required to support the role out of the fund. Further information can be obtained from the Invitation to Tender

Awards

Awarded toAmountDate
THE ENDEAVOUR PARTNERSHIP LLP £300,000 —
Muckle LLP £300,000 —
Square One Law LLP £300,000 —
Ward Hadaway LLP £300,000 —

Official publications

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Frequently asked questions

What is the estimated value of this tender?
The estimated value published by the buyer is £300,000.
Who is the buyer of this tender?
The contracting authority is Development Bank of Wales (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.