The Schoenherr & Associates SCA – Herbert Smith Freehills LL consortium won the auction organized by Nuclearelectrica for legal consultancy services within the project involving the Cernavoda nuclear reactors 3 and 4, according to a document of the nuclear power producer.
The fee is established according to the number of hours worked, not exceeding the estimated value of the contract worth 1,800,000 lei pre-VAT (about 400,000 euros). In the end of the selection process, a contract was signed (…) being valid till December 31, 2014, the document reads.
Nuclearelectrica has invited 8 law and consultancy firms specialized in the energy sector, to attend the auction. Bids have been submitted by the consortium DLA Piper (DLA Piper Dinu SCA – DLA Piper UK LLP – DLA Piper Wiater sp.k Polond), consortium leader DLA Piper Romania (DLA Piper Dinu SCA); Schoenherr &Associates SCA for the joint venture Schoenherr & Associates SCA – Herbert Smith Freehills LL, consortium leader ‘Schoenherr & Associates SCA'; joint venture Peli Filip SCA – Linklaters LLP, venture leader Peli Filip SCA; Musat & Associates SPARL.
According to the documentation, the contract was awarded to the ‘most economically advantageous offer’ based on the evaluation factors: the financial offer (fixed fee per hour) – 60 points and the technical offer – 40 points.
The project for the reactors 3 and 4 is put at 6.45 billion euros.
The Romanian state will hold a maximum of 49 percent of the company to be set up for the construction of Cernavoda Units 3 and 4; searches for investors interested in the majority package are underway.