Cabinet Office · Awarded contract
Awarded

Legal Advice on PFI Insurance Provisions for Cabinet Office

Awarded 16 Sep 2021

View live tenders
Awarded16 Sep 2021
Value£60,000.00
SupplierCLIFFORD CHANCE INTERNATIONAL LLP
AgencyCabinet Office
RegionUnited Kingdom
CategoryConsultancy & Legal
Ended 4y 10mo ago4mo term
Awarded 16 Sept 2021Expired 31 Dec 2021

About

Cabinet Office awarded a contract to Clifford Chance International LLP for legal advice on the interpretation of insurance provisions in SOPC (Standardisation of PFI Contracts) versions 3 and 4, as part of the PFI Contract Management Programme.

The scope included detailed advice on the insurance sharing mechanism, development of Joint Insurance Cost Reports (JICR), definition and calculation of Project Insurance Costs (PIC), and broker undertakings under the Brokers Letter of Undertaking (BLU).

The supplier also confirmed that a Guidance Note prepared by the Infrastructure and Projects Authority (IPA) did not deviate from its legal advice.

The advice was provided for the benefit of the IPA, central government departments and their arm's length bodies, devolved administrations, NHS Trusts, and other PFI contracting authorities.

The contract value was £60,000.

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