Secured a EUR 4.5 Million Public Procurement Contract
Valdemars Law Firm advised the successful bidder in a public procurement procedure for the modernisation of a Riga heating plant, securing contract award rights for a project valued at more than EUR 4.5 million.
Background
Our client participated in a public procurement procedure for the modernisation of a heating plant in Riga, competing for a contract valued at more than EUR 4.5 million.
The procurement involved demanding qualification requirements and the need to structure cooperation between project partners while ensuring full compliance with public procurement regulations.
Our Role
We provided legal support in preparing the procurement documentation and ensuring that the client met the applicable qualification requirements.
We also structured the cooperation between our client and its project partner for their joint participation in the tender, addressing the allocation of responsibilities and obligations during contract performance as well as the distribution of profits between the partners.
A key part of our work was ensuring that the cooperation arrangement protected our client's interests while remaining fully consistent with the requirements of the public procurement procedure.
Outcome
Our client was selected as the successful bidder and awarded the right to conclude the contract for the heating plant modernisation project, valued at more than EUR 4.5 million.