The Government of Northern Ireland has invited law firms to pitch for a new £23m centralised legal services panel.

The Central Procurement Directorate of Northern Ireland's Department of Finance is running the tender process, with the panel set to provide legal services for more than 150 Northern Irish government departments and agencies.

The purpose of the new roster is to centralise the provision of legal services and reduce procurement costs.

The panel will run for a period of three years, with the option to extend for one year. The tender application process is open until 7 September, at which point applications will be considered and a start date for the agreement will be decided on.

The framework will be subdivided into 14 lots covering employment, procurement, public law, prosecution and enforcement, personal injury litigation, information law, corporate and commercial, alternative dispute resolution, debt recovery and insolvency, real estate, venture capital, energy, major projects and pensions.

A Department of Finance spokesperson said: "The majority of work for government is done by larger firms with a commercial profile. However, it is recognised that SMEs have a particular role in the legal ecology of Northern Ireland and all but three lots in the framework have been calibrated, in consultation with the legal sector, to allow smaller firms to compete."

Firms to have worked for the Northern Irish Government in the past include DWF – which moved into the Northern Irish market via a merger with 20-partner Belfast firm C & H Jefferson last December – Irish firm Arthur Cox and Belfast's Cleaver Fulton Rankin.

The news comes after the UK government recently completed an overhaul of its centralised legal services panel, with 18 firms handed two-year terms on the panel, which has an estimated value of £400m.