Resolution Procurement Framework Agreement 2023
Reference ocds-b5fd17-eab3ae63-b9a0-495b-b317-8dcadf1893f9 · BANK OF ENGLAND
Awarded to KROLL (U.K.) LIMITED and 17 others. Estimated value: £20,000,000.
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Amounts and figures
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.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| KROLL (U.K.) LIMITED | £20,000,000 | 15 July 2023 |
| Alantra Corporate Finance LLP | — | 15 July 2023 |
| MGL Demolition Limited | — | 15 July 2023 |
| Reply Limited | — | 15 July 2023 |
| NORTH HIGHLAND UK LIMITED | — | 15 July 2023 |
| FTI Consulting Management Limited | — | 15 July 2023 |
| ACCENTURE (UK) LIMITED | — | 15 July 2023 |
| S&W PARTNERS LLP | — | 15 July 2023 |
| ERNST & YOUNG LIMITED | — | 15 July 2023 |
| OLIVER WYMAN LIMITED | — | 15 July 2023 |
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | 3b466f74-b289-4483-9ef8-71d8297d66fc-803118 | 18 November 2024 |
| Contracts Finder | 3b466f74-b289-4483-9ef8-71d8297d66fc-803118 | 18 November 2024 |
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Frequently asked questions
- What is the deadline to bid for this tender?
- The submission deadline is 21 April 2023, 12:00. Check the official source, as dates can be modified.
- What is the estimated value of this tender?
- The estimated value published by the buyer is £20,000,000.
- 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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