Find a TenderAwarded without competitionContract details notice
Published 1 Jul 2026, 12:49 BST

Official UK procurement notice

Investment Pooling Advice · UK public procurement notice

Official notice

Authority: Isle of Wight NHS Trust (Central government)

Below threshold - without competition
Awarded value£30,000published contract · exc. VAT
Awarded 1 Jul 2026no call for competition
Awarded to Keystone Law

What is being bought

Published requirement description

Legal 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 published

Procedure 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
South East (UKJ34)
Official registry OCID
ocds-h6vhtk-06c12e Find a Tender

Notice history

1 event · 1 release on Find a Tender
  1. Contract details notice published
    1 Jul 2026, 12:49 BST
    UK7

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £30,0001 contract exc. VAT
Contracts signed 1latest 1 Jul 2026
Awarded toValueDateStatus
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

Isle of Wight Council

Contracting authorityPublic authority - sub-central government GB-PPON: PGYX-7387-YJXG County Hall, Newport, South East, PO30 1UDContact name, email, phone

Bidders & participating suppliers

1 commercial party on the notice
  • Keystone LawAwarded supplierGB-PPON: PVYG-9218-TXZJ 48 Chancery Lane, London, London, WC2A 1JFContact email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure