Scope
Reference
CCHA-0297
Description
Funding Loan Documentation and Security: Legal services to support loan refinancing.
Legal Services required to support loan refinancing including support with loan documentation; creation of new facility agreement (including an Affordable Homes Guarantee Scheme facility as desired); amending and restating of existing RCF facility agreements; and project management. In addition, support will be provided with securitisation of the new and restated facilities to meet individual lenders' requirements. The extent of the security work will be dependent on the funders being used.
Negotiated without prior call for competition - absence of competition for technical reasons: CCHA's funding timetable is expected to run for approximately 4 months and the selected supplier had previously completed preparatory work in 2024 under a framework. The supplier is familiar with CCHA's existing funding documents and governance arrangements, with an in-depth knowledge of our stock and security position.
Contract 1
Supplier
Contract value
- £80,000 excluding VAT
- £100,000 including VAT
Below the relevant threshold
Date signed
2 June 2025
Contract dates
- 2 June 2025 to 31 October 2025
- Possible extension to 31 December 2025
- 6 months, 29 days
Description of possible extension:
Potential for extending period of services beyond the expected finish date to allow for unforeseen circumstances depending on funders being used.
Main procurement category
Services
Options
The right to additional purchases while the contract is valid.
Potential for supplying additional advice arising depending on funders being used.
CPV classifications
- 79130000 - Legal documentation and certification services
Contract locations
- UKC - North East (England)
- UKD - North West (England)
Procedure
Procedure type
Below threshold - without competition
Supplier
TROWERS & HAMLINS LLP
- Companies House: OC337852
- Public Procurement Organisation Number: PYJZ-5746-VWZN
3 Bunhill Row
London
EC1Y 8YZ
United Kingdom
Email: bids@trowers.com
Website: http://www.trowers.com
Region: UKI43 - Haringey and Islington
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Contract 1
Contracting authority
CASTLES & COASTS HOUSING ASSOCIATION LIMITED
- Companies House: RS007617
- Public Procurement Organisation Number: PTVV-3754-HQGM
5 Paternoster Row
Carlisle
CA38TT
United Kingdom
Region: UKD12 - East Cumbria
Organisation type: Public authority - sub-central government