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Awarded

Energy Retail Markets Legal Advice and Services

Published

Supplier(s)

Sharpe Pritchard LLP, Mills & Reeve LLP

Value

3,500,000 GBP

Description

Provision of legal services. Lot 1: 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.

Timeline

Award date

a month ago

Publish date

4 days ago

Buyer information

Department for Energy Security & Net Zero

Email:
mercedes.ekanem@energysecurity.gov.uk

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Notice topic

Legal services

Related topics

Legal advisory and information servicesLegal documentation and certification servicesPatent and copyright consultancy servicesLegal advisory and representation servicesBusiness services: law, marketing, consulting, recruitment, printing and security

Source

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