Published date: 18 October 2022

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 20 September 2022, 11:29pm

Contract summary

Industry

  • Legal services - 79100000

Location of contract

London

Value of contract

£57,000

Procurement reference

tender_318185/1115344

Published date

18 October 2022

Closing date

20 September 2022

Closing time

11:29pm

Contract start date

21 September 2022

Contract end date

23 September 2022

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?

Yes

Contract is suitable for VCSEs?

No


Description

Legal services for the support of writing A short report. Report to include:
- review existing finance documentation and council call option from an obligations
and security release perspective, and considering potential insolvency concerns in
relation thereto
- review and finalise deeds of release in relation to existing finance and council call
option
- considering and discussing security release and timeline
- discuss and draft loan agreement documents
- draft, negotiate and finalise documents taking security over land
- review and comment on the documentation required to support a scenario is which
the site is acquired for deferred consideration and lease back to the company
- Comment on how the scenario of deferred consideration and leaseback to the
company compares to other options in terms of risks and benefits
- Consider the legality and deliverability of other options for deployment of funding to
the company for an AMA process.


More information

Attachments


Award information

Awarded date

21 September 2022

Contract start date

21 September 2022

Contract end date

23 September 2022

Total value of contract

£57,000

This contract was awarded to 1 supplier.

Eversheds Sutherland (International) LLP

Address

One Wood Street, London, EC2V 7WS

Reference

Companies House number: OC304065

Supplier is SME?

No

Supplier is VCSE?

No


About the buyer

Address

1 Victoria Street
London
SW1H 0ET
England

Email

cara.jenkins@beis.gov.uk