UKEF - General Aerospace Legal Panel (GALP)

Tender description

Department for International Trade (DIT), on behalf of UK Export Finance (UKEF) as Contracting Authority, intends to put in place a panel for the provision of services of external legal counsel to advise in relation to the financial support that UKEF provides to the aerospace and defence sector. In general terms, advice will relate to transactions for the financing of: - Airbus aircraft where legal counsel is not otherwise procured from a separate panel established jointly by UKEF and the French and German Export Credit Agencies; - aircraft produced by other manufacturers (e.g., Boeing); and - aircraft engines and other aerospace assets and services, including restructuring and post-issue work relating to such transactions. Key specialisms are likely to include the following: - Aviation Finance (including the financing of Airbus and Boeing commercial jets, Roll-Royce (and other) aircraft engines and other aerospace assets and exports); - Export Credit Agency (ECA) financing; - Capital markets, derivative and hedging; - Sanctions and financial regulation; - Islamic finance; - International law and UKEF's statutory framework as they relate aircraft financing; - Advice on all stages of export finance transactions; - Remedial/financial distress events; - Dispute resolution; - Advice on the domestic law of different jurisdictions in the context of UKEF's support for the aerospace and defence sector and/or actual or potential disputes. The estimate value of this panel stands at £25,000,000. This prior information notice has been issued to signal the intention to commence market engagement within the legal market. DIT and UKEF intend to hold joint market engagement in February 2021 with suppliers who express an interest in potentially bidding for a place of the panel. If you are interested in participating in the market engagement please express your interest by emailing galp@trade.gov.uk no later than 4th February 2021. Please include 'GALP - Market Engagement EOI' as your email subject heading. Further details can be provided to you. Your email must clearly state: - the name of your organisation; - contact details; - base location (city) for the individual(s) who will be participating in the market engagement. The estimated date of contract notice publication is 15/05/2021 but this may be subject to change.