Legal Framework Treasury and Finance
Introduction
The Legal Framework Treasury and Finance, managed by the National Framework Partnership, is a structured procurement route within the legal services category. This framework is designed to facilitate the secure and responsible exchange of confidential information among organisations, ensuring that sensitive data is shared under strict guidelines. The framework is set to expire on 31 October 2026 and does not operate as a Dynamic Purchasing System (DPS). Its primary aim is to establish a clear set of rules and responsibilities for managing confidential information, thereby safeguarding privacy and ensuring that information is only used for its intended purpose.
Context & Use Case
Confidential information often underpins the operations of organisations within the treasury and finance sectors. This framework provides a reliable mechanism for public sector bodies to engage legal services that specialise in handling such sensitive data. By employing the Legal Framework Treasury and Finance, contracting authorities can ensure compliance with legal requirements while maintaining the integrity and confidentiality of shared information. The framework is especially useful in scenarios where organisations need to collaborate on projects involving proprietary financial data or other sensitive information that requires rigorous protection.
Scope of Services
The Legal Framework Treasury and Finance encompasses a range of services aimed at the secure management and exchange of confidential information. Typical services covered under this framework include: 1. Drafting and reviewing non-disclosure agreements (NDAs) tailored to specific organisational needs 2. Advising on compliance with data protection regulations and confidentiality obligations 3. Providing legal counsel on information security and risk management 4. Developing protocols for the secure sharing of financial data 5. Conducting audits to ensure adherence to confidentiality agreements This list is indicative and aims to provide an overview of the types of legal services available through the framework.
Who Can Apply
The framework is open to legal service providers who specialise in confidentiality and data protection within the treasury and finance sectors. It is suitable for law firms and consultancies with demonstrated expertise in these areas. As this is not a DPS, the application process is not continuously open, so interested suppliers should monitor deadlines and requirements carefully to ensure they can participate within the specified timeframes.
Buyer Benefits
Public sector buyers can leverage the Legal Framework Treasury and Finance to access a pre-vetted pool of legal experts, ensuring that they work with qualified professionals who understand the nuances of confidentiality in financial contexts. The framework provides a compliant procurement route, allowing buyers to swiftly engage legal services without undergoing lengthy tender processes. This speed to market is complemented by the assurance that all participating suppliers have met stringent quality and compliance standards, fostering a competitive environment that ultimately benefits the contracting authorities.
Lots
Not applicable
Next Steps
Suppliers interested in participating in the Legal Framework Treasury and Finance should review the specific requirements and eligibility criteria. It is advisable to contact the National Framework Partnership directly for detailed information about the application process and upcoming opportunities to join the framework before its end date in October 2026.
How Biddable Can Help
Biddable offers valuable support to suppliers considering applying to the Legal Framework Treasury and Finance. By providing insights into framework discovery, preparation, and maintaining visibility of procurement pipelines, Biddable helps suppliers navigate the complexities of public sector procurement. Our services ensure that suppliers are well-prepared and informed, enhancing their potential for successful participation in relevant frameworks.