Standby Legal Consultancy Services Connected to the State's ownership in Aker Kværner Holding AS — Framework Agreement

Information

03 - Contract award notice
Open procedure
1/22/2021 10:49 AM (GMT+01:00)

Buyer

Nærings- og fiskeridepartementet Nærings- og fiskeridepartementet
Anders Brage Steen
Postboks 8090 Dep
0032 Oslo
Norway
912660680

Assignment text

NFD owns 30 % of the shares in Aker Kværner Holding AS (AKH), that owns approx. 40 % of the shares in Aker Solutions ASA, Akastor ASA, Kværner ASA, ~19.5 % in Aker Carbon Capture AS and ~18 % in Aker Offshore Wind AS. There is a need for a standby legal framework agreement in connection with the Ministry's general owner follow-up of AKH, and possibly later as a direct shareholder in the five companies. NFD wants to enter into a framework agreement for 1 year with the possibility to extend for up to 3 years (1 year + 1 year + 1 year + 1 year). The maximum duration of the contract is thereby four (4) years. There is great uncertainty concerning the value of the framework agreement and the individual call-offs, as this depends on which legal questions may arise and NFD's specific needs. A very uncertain indication of the combined value of the framework agreement, including triggering of options, NOK 0-NOK 4 million excluding VAT. The estimate is non binding for the contracting authority.

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