Resolution Procurement Framework Agreement 2023
key details
| Value | £20,000,000 |
|---|---|
| Status | complete |
| Category (CPV) | 79400000 |
| Region | London |
| Deadline | 21 Apr 2023 |
| Contract start | 15 Sept 2023 |
| Contract end | 14 May 2027 |
| Procedure | open |
| SME suitable | Yes |
| OCID | ocds-b5fd17-eab3ae63-b9a0-495b-b317-8dcadf1893f9 |
Awards (18)
This procurement was awarded to 18 suppliers. Values shown are per-award; the notice total is £20,000,000.
| Supplier | Value | Date | Status |
|---|---|---|---|
| ACCENTURE (UK) LIMITED shared | £20,000,000 | 14 Jul 2023 | active |
| Alantra Corporate Finance LLP shared | £20,000,000 | 14 Jul 2023 | active |
| ALIXPARTNERS LTD shared | £20,000,000 | 14 Jul 2023 | active |
| Alvarez & Marsal LLP shared | £20,000,000 | 14 Jul 2023 | active |
| Bdo Llp shared | £20,000,000 | 14 Jul 2023 | active |
| Deloitte LLP shared | £20,000,000 | 14 Jul 2023 | active |
| ERNST & YOUNG LIMITED shared | £20,000,000 | 14 Jul 2023 | active |
| Evelyn Partners LLP shared | £20,000,000 | 14 Jul 2023 | active |
| FRP Advisory Group PLC shared | £20,000,000 | 14 Jul 2023 | active |
| FTI CONSULTING SERVICES LTD shared | £20,000,000 | 14 Jul 2023 | active |
| GRANT THORNTON LIMITED shared | £20,000,000 | 14 Jul 2023 | active |
| Interpath Ltd shared | £20,000,000 | 14 Jul 2023 | active |
| KROLL (U.K.) LIMITED shared | £20,000,000 | 14 Jul 2023 | active |
| MAZARS LIMITED shared | £20,000,000 | 14 Jul 2023 | active |
| North Highland UK Ltd shared | £20,000,000 | 14 Jul 2023 | active |
| OLIVER WYMAN CONSULTING LTD shared | £20,000,000 | 14 Jul 2023 | active |
| Reply Limited shared | £20,000,000 | 14 Jul 2023 | active |
| TENEO (UK) LIMITED shared | £20,000,000 | 14 Jul 2023 | active |
description
The Bank of England ('the Bank') conducted an open tender procedure for the re-tender of its Resolution Procurement Framework ("RPF") and has awarded a 4-year framework agreement split across the following 5 lots:
- Lot 1 - Financial advice and valuation analysis;
- Lot 2 - Restructuring and insolvency;
- Lot 3 - Corporate financial advisory;
- Lot 4 - Operational review and analysis; and
- Lot 5 - Resolution delivery support.
The RPF is the Bank's framework to appoint advisors to support work on resolution planning in business as usual and where a regulated entity is under stress. The Bank may seek advisory support for work to ensure that firms have adequate capabilities to deliver a resolution under the Resolvability Assessment Framework (RAF). The Bank may also seek advisory support to deliver a resolution (e.g. resolution valuations or insolvency practitioner support).
This framework has been awarded on a non-exclusive and no commitment basis, therefore the Bank is not committed to spending the full framework value and payment is only made as and when requirements arise and are awarded to suppliers.
documents
- https://www.contractsfinder.service.gov.uk/Notice/4a585803-bc72-4cb3-b0ed-716fbc222f15 , tenderNotice
Documents are linked, not mirrored. They are served by the publishing authority and may require registration.
notice history
2 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 17 Feb 2023 | Tender (tender) | · | 4a585803-bc72-4cb3-b0ed-716fbc222f15-616143 |
| 18 Nov 2024 | Award (award) | · | 3b466f74-b289-4483-9ef8-71d8297d66fc-803118 |
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source
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