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Advanced Manufacturing- Restructuring and Insolvency Services

Department for Business, Energy & Industrial Strategy Published 2 Nov 2022 Contracts Finder
The value below is a framework or dynamic market ceiling: the maximum that could be spent across all call-offs, not the value of a single contract. Aggregate figures on this site exclude these to avoid double counting.

key details

Value£57,000
Statuscomplete
Category (CPV) 79200000
RegionLondon
Deadline16 Sept 2022
Contract start17 Sept 2022
Contract end14 Oct 2022
Procedureselective
SME suitableYes
OCIDocds-b5fd17-fe3553f4-85ec-43a5-846e-44625a679d6d

Award

SupplierValueDateStatus
FRP Advisory £57,000 16 Sept 2022 active

description

A short report to be delivered to BEIS Automotive team by 5pm Friday 23rd September 2022. Report to include:

  • A high-level assessment of each of the options provided to the company by their own advisors

-A review of updated financial information provided by the company (and their advisors) including the 13 week cash flow forecast to assess the options/levers available to minimise cost and overall funding to a potential sale;

  • A commentary on the conditions that could be attached to any funding/loan to the company including ways in which the facility can be structured to minimise cash leakage;
  • Review and comment on a potential option associated with HMG acquiring the site for a deferred consideration and leasing the site back to the company.

-To comment on any other feasible options available to the company above and beyond the options considered above.

To review and comment on the first draft of the terms sheet being prepared by BEIS

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
2 Nov 2022 Award (award) · 45d0180c-1239-4e69-9112-83428aa88198-585962

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source

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