NEW FUNDING QUOTATIONS – APPOINTMENT OF LEGAL ADVISORS

{
  "awards": [
    {
      "id": "1",
      "items": [
        {
          "additionalClassifications": [
            {
              "description": "Legal advisory and representation services",
              "id": "79110000",
              "scheme": "CPV"
            }
          ],
          "id": "1",
          "relatedLot": "1"
        }
      ],
      "mainProcurementCategory": "services",
      "relatedLots": [
        "1"
      ],
      "status": "active",
      "suppliers": [
        {
          "id": "GB-FTS-158160",
          "name": "Trowers and Hamlins LLP"
        }
      ]
    }
  ],
  "buyer": {
    "id": "GB-PPON-PCVZ-4413-LTNJ",
    "name": "GREATWELL HOMES LIMITED"
  },
  "contracts": [
    {
      "aboveThreshold": false,
      "awardID": "1",
      "dateSigned": "2025-09-25T00:00:00+01:00",
      "documents": [
        {
          "datePublished": "2025-10-13T12:06:08+01:00",
          "description": "Contract details notice on Find a Tender",
          "documentType": "contractNotice",
          "format": "text/html",
          "id": "064698-2025",
          "noticeType": "UK7",
          "url": "https://www.find-tender.service.gov.uk/Notice/064698-2025"
        }
      ],
      "id": "1",
      "period": {
        "endDate": "2026-09-25T23:59:59+01:00",
        "startDate": "2025-09-26T00:00:00+01:00"
      },
      "status": "active",
      "value": {
        "amount": 38380.0,
        "amountGross": 46056.0,
        "currency": "GBP"
      }
    }
  ],
  "date": "2025-10-13T12:06:08+01:00",
  "id": "064698-2025",
  "initiationType": "tender",
  "language": "en",
  "ocid": "ocds-h6vhtk-05ae23",
  "parties": [
    {
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "Wellingborough, Northamptonshire,",
        "postalCode": "NN8 4AD",
        "region": "UKF25",
        "streetAddress": "Unit 7, Midland Business Units"
      },
      "contactPoint": {
        "email": "julie.Robinson@greatwellhomes.org.uk",
        "name": "Julie Robinson"
      },
      "details": {
        "classifications": [
          {
            "description": "Public authority - sub-central government",
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE"
          }
        ]
      },
      "id": "GB-PPON-PCVZ-4413-LTNJ",
      "identifier": {
        "id": "PCVZ-4413-LTNJ",
        "scheme": "GB-PPON"
      },
      "name": "GREATWELL HOMES LIMITED",
      "roles": [
        "buyer"
      ]
    },
    {
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "London",
        "postalCode": "EX1 1UG",
        "region": "UKK43",
        "streetAddress": "3 Bunhill Row,"
      },
      "contactPoint": {
        "email": "enquiries@trowers.com",
        "name": "Enquiries"
      },
      "details": {
        "scale": "large",
        "vcse": false
      },
      "id": "GB-FTS-158160",
      "name": "Trowers and Hamlins LLP",
      "roles": [
        "supplier"
      ]
    }
  ],
  "tag": [
    "award",
    "contract"
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  "tender": {
    "description": "Greatwell Homes was formed in 2007 following a large-scale voluntary transfer (LSVT) from Wellingborough Borough Council (now part of North Northamptonshire Council). At 31 March 2025 we owned and managed 5,326 properties in and around the Wellingborough area.\nGreatwell sought to appoint legal advisors to support the review, negotiation and completion of loan facility documentation and security due diligence for two lenders following a recent new funding request for proposals exercise (RfP).\nThere are currently 3,117 properties valued at \u00a3127m existing use value, social housing allocated to Barclays through the Security Trustee arrangement with M\u0026G. It is Greatwell Homes intention to reallocate some of this security to Natwest as there is sufficient to cover both facilities. Most of the properties in the list would have been acquired by Greatwell Homes at transfer in 2007.\nIn addition to the new funding exercise, Greatwell Homes also have a need for further property due diligence support for:\n\u2022An uplift of the properties allocated to The Pension Insurance Corporation (PIC) through the security trustee, from existing use value, social housing (EUV-SH) to market value subject to tenancy (MV-ST) values (1,033 properties valued at \u00a346m securing a facility of \u00a340m); and\n\u2022A due diligence health check on our unencumbered property portfolio with a view to aide future charging into the security trustee (971 properties)\nGreatwell Homes invited quotations from interested parties to support with this work. All bidders could quote separately for either (1) the loan documentation or (2) the property security or for both exercises. Greatwell Homes would like to complete the new funding work as soon as is practically possible to have the funds available to draw therefore this work is the priority.\nThis RFP is provided on the same basis to all organisations.\nTo view this notice, please click here: \nhttps://www.delta-esourcing.com/delta/viewNotice.html?noticeId=986496815",
    "id": "ocds-h6vhtk-05ae23",
    "legalBasis": {
      "id": "2023/54",
      "scheme": "UKPGA",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
    },
    "lots": [
      {
        "id": "1",
        "status": "complete"
      }
    ],
    "procurementMethod": "limited",
    "procurementMethodDetails": "Below threshold - limited competition",
    "status": "complete",
    "title": "NEW FUNDING QUOTATIONS \u2013 APPOINTMENT OF LEGAL ADVISORS"
  }
}