Energy Retail Markets Legal Advice and Services

Award

Buyers

Value

£1,750,000

Classifications

  • Legal services

Tags

  • award

Submission Deadline

3 months ago

Published

1 week ago

Description

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.

Documents

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  • Contract Agreement

    The official contract terms, conditions, and scopes of work.

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  • Award Notice

    Details on the tender award and selected suppliers.

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