One Pall Mall Gardens Phase 1 – External Legal Advisor

Tender description

The Council requires the appointment of a specialist external legal adviser to support Liverpool City Council Legal Services and the project team in negotiating, drafting and completing the proposed Development Funding Agreement (DFA) between Liverpool City Council and Kier Property Developments Limited. The commission will also include review of the proposed Grant Funding Agreement (GFA) with the Liverpool City Region Combined Authority to ensure consistency with the DFA and wider project funding arrangements, together with associated transaction support required to achieve financial close. Due to the scale, complexity and value of the proposed transaction, the Council is seeking a suitably experienced legal adviser with demonstrable experience of forward-funded development transactions, regeneration schemes, Development Funding Agreements and public sector investment structures. The appointed firm must also maintain Professional Indemnity Insurance commensurate with the risk profile of the transaction.