Resolution Procurement Framework 2023
Buyer: BANK OF ENGLAND
- Published
- 18 November 2024
- Estimated value
- £380,000,000
- Place of performance
- UK
- Procedure
- Open procedure
- Notice number
- 037125-2024
- Reference
- ocds-h6vhtk-03a6a6
- Official source
- Official source
CPV codes
- 79400000Business and management consultancy and related services
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.
Lots (5)
| Lot | Description | CPV code | Amount |
|---|---|---|---|
| 1 | Financial Advice and Valuation Analysis | 79400000 Business and management consultancy and related services | — |
| 2 | Restructuring and Insolvency | 79400000 Business and management consultancy and related services | — |
| 3 | Corporate finance advisory | 79400000 Business and management consultancy and related services | — |
| 4 | Operational review and analysis | 79400000 Business and management consultancy and related services | — |
| 5 | Resolution support services | 79400000 Business and management consultancy and related services | — |
Awards
| Awarded to | Amount | Date |
|---|---|---|
| ACCENTURE (UK) LIMITED | — | — |
| FRP Advisory Group PLC | — | — |
| S&W PARTNERS LLP | — | — |
| Reply Limited | — | — |
| INTERPATH LTD | — | — |
| OLIVER WYMAN LIMITED | — | — |
| PRICEWATERHOUSECOOPERS LLP | — | — |
| Teneo Business Consulting Limited | — | — |
| DELOITTE LLP | — | — |
| Alantra Corporate Finance LLP | — | — |
Official publications
- FTS · 037125-2024 · 18 November 2024
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £380,000,000.
- Who is the buyer of this tender?
- The contracting authority is BANK OF ENGLAND (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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