Published date: 12 August 2022
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Legal services - 79100000
Location of contract
United Kingdom
Value of contract
£10,000,000 to £15,000,000
Procurement reference
TRN1346/08/2017
Published date
12 August 2022
Closing date
10 November 2017
Closing time
12pm
Contract start date
13 November 2017
Contract end date
20 December 2023
Contract type
Service contract
Procedure type
Call-off from a framework agreement
A mini-competition or direct purchase from a pre-established framework agreement.
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
Linklaters provide all commercial legal advice to the New Nuclear a critical enabler to the financing / technical / policy and investment workstreams of this complex and fast paced project.
Linklaters have supported the project since its inception and their experience on similar projects (including the Thames Tideway Tunnel which was funded through a regulated asset base (RAB), which is the approach for the SZC project), expertise in the nuclear sector and corporate knowledge/experience of the project and its multiple workstreams / stakeholders makes them a critical enabler for project success.
Linklaters are intrinsically involved in multiple concurrent and planned negotiations and workstreams, and it is not feasible or desirable to extricate them at this critical juncture. The introduction of a new supplier would disrupt sensitive negotiations, and the read-in time and background would be significant.
Under PCR 2015 Regulation 72(1b) (ii) which permits 50% of the original contract value to be varied (£5,000,000 ex- VAT). This will ensure consistent support to the project through the capital raise process and provide enough time to consider longer term procurement / commercial positions in more detail.
More information
Previous notice about this procurement
Legal services for New Nuclear
- Awarded contract
- Published 16 July 2018, last edited 16 July 2018
Award information
Awarded date
4 December 2017
Contract start date
13 November 2017
Contract end date
20 December 2023
Total value of contract
£15,000,000
This contract was awarded to 1 supplier.
Linklaters LLP
Address
1 Silk Street London
EC2Y 8HQReference
Companies House number: OC326345
Value of contract
£15,000,000
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Moray Watson
Address
1 Victoria Street
London
SW1H0ET
England
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Closing: 10 November 2017, 12pm