Official UK procurement notice
Investment Pooling Advice · UK public procurement notice
Authority: Isle of Wight NHS Trust (Central government)
What is being bought
Published requirement descriptionLegal advice needed urgently on the 2026 Pension Bill and requirement to pool pension fund investments, via a pool company, with other pension funds. We are in dispute with the investment pool company we wish to join over the status of our participation (shareholder or client only status). We have reached a critical point with KC advice needed but will be in breach of the law on 30 June 2026. The case is complex and we need to retain the lawyer who has worked on this for several months with us whilst she moves law firms (from Gowling to Keystone) on 1 July. This is essential to support the pension committee in critical decisions and reduce risk to the pension fund from its breach of the law and provide a link to KC advice. It will also need to go back to at least the Policy and Finance Committee for a final decision to join the company - and legal input is likely to be crucial to that decision.
The lotProcurement structure
single lot · no lot value publishedProcedure terms & legal framework
From the official record- Procedure method
- Below threshold - without competition
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 1 Jul 2026, 12:49 BST
- Last source update
- 1 Jul 2026, 12:49 BST
- Authority reference
DN820766- FTS notice number
2026/S 000-061695- Latest notice
- Contract details notice (UK7)
- Delivery area
- Official registry OCID
ocds-h6vhtk-06c12eFind a Tender
Notice history
1 event · 1 release on Find a Tender- Contract details notice published1 Jul 2026, 12:49 BSTUK7
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Keystone Law | £30,000 † | — | Awarded |
Contracts
Investment Pooling Advice · Keystone Law
- Signed
- 1 Jul 2026
- Value
- £30,000
- Period
- 1 Jul 2026 – 14 Sept 2026 · up to 14 Oct 2026 with extensions
- Status
- active
- Extensions
- 1 x month at sole discretion of the Council
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Keystone LawAwarded supplier
Official documents & specifications (1)
Official links; attachments are not copiedNotices published for this procedure
- Contract details notice Contract details notice on Find a Tender