gvtcx

Resolution Procurement Framework Agreement 2023

BANK OF ENGLAND Published 17 Feb 2023 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£20,000,000
Statuscomplete
Category (CPV) 79400000
RegionLondon
Deadline21 Apr 2023
Contract start15 Sept 2023
Contract end14 May 2027
Procedureopen
SME suitableYes
OCIDocds-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.

SupplierValueDateStatus
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

Documents are linked, not mirrored. They are served by the publishing authority and may require registration.

notice history

2 notices published against this procurement.

PublishedTypeRegimeNotice
17 Feb 2023 Tender (tender) · 4a585803-bc72-4cb3-b0ed-716fbc222f15-616143
18 Nov 2024 Award (award) · 3b466f74-b289-4483-9ef8-71d8297d66fc-803118

more from BANK OF ENGLAND

all contracts from this buyer →

similar contracts awarded

Other awarded contracts in the same category. Useful for seeing who normally wins this kind of work, and at what value.

source

Published on Contracts Finder. Contact details for named individuals are not reproduced on this site.