Published date: 18 November 2024

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 21 April 2023, 12pm

Contract summary

Industry

  • Business and management consultancy and related services - 79400000

Location of contract

England

Value of contract

£1 to £20,000,000

Procurement reference

CON/1001200

Published date

18 November 2024

Closing date

21 April 2023

Closing time

12pm

Contract start date

15 September 2023

Contract end date

14 May 2027

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

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.

More information

Previous notice about this procurement

Resolution Procurement Framework Agreement ("RPF2023")

  • Opportunity
  • Published 17 February 2023

Award information

Awarded date

15 July 2023

Contract start date

15 September 2023

Contract end date

14 May 2027

Total value of contract

£20,000,000

This contract was awarded to 19 suppliers.

KROLL (U.K.) LIMITED

Address

Unit 49 Azura Close
BH21 6SZ
GB

Reference

Companies House number: 02674620

Supplier is SME?

No

Supplier is VCSE?

No

Alantra Corporate Finance LLP

Address

25 Cannon Street, London, England, EC4M 5SB

Reference

Companies House number: OC306421

Supplier is SME?

No

Supplier is VCSE?

No

PRICEWATERHOUSECOOPERS LLP

Address

1 Embankment Place
LONDON
WC2N 6RH
GB

Reference

Companies House number: 0

Supplier is SME?

No

Supplier is VCSE?

No

Reply Limited

Address

38 Grosvenor Gardens, London, SW1W 0EB

Reference

Companies House number: 03847202

Supplier is SME?

No

Supplier is VCSE?

No

North Highland UK Ltd

Address

10 Bloomsbury Way, Floor 8 And Floor 9, London, England, WC1A 2SL

Reference

Companies House number: 04801815

Supplier is SME?

No

Supplier is VCSE?

No

FTI CONSULTING SERVICES LTD

Address

200 ALDERSGATE
EC1A 4HD
GB

Reference

Companies House number: 04805205

Supplier is SME?

No

Supplier is VCSE?

No

ACCENTURE (UK) LIMITED

Address

20 Old Bailey
EC4M 7AN
GB

Reference

Companies House number: 04757301

Supplier is SME?

No

Supplier is VCSE?

No

Evelyn Partners LLP

Address

45 Gresham Street, London, United Kingdom, EC2V 7BG

Reference

Companies House number: OC369631

Supplier is SME?

No

Supplier is VCSE?

No

ERNST & YOUNG LIMITED

Address

1 More London Place
SE1 2AF
GB

Reference

Companies House number: 05458987

Supplier is SME?

No

Supplier is VCSE?

No

OLIVER WYMAN CONSULTING LTD

Address

1 GROSVENOR PL
SW1X 7HJ
GB

Reference

Companies House number: 02995605

Supplier is SME?

No

Supplier is VCSE?

No

GRANT THORNTON LIMITED

Address

30 Finsbury Square
EC2A 1AG
GB

Reference

Companies House number: 02917818

Supplier is SME?

No

Supplier is VCSE?

No

Bdo Llp

Address

55 BAKER STREET
LONDON
W1U 7EU
GB

Reference

Companies House number: 0

Supplier is SME?

No

Supplier is VCSE?

No

TENEO (UK) LIMITED

Address

Jasmin House
DN31 1TG
GB

Reference

Companies House number: 02018020

Supplier is SME?

No

Supplier is VCSE?

No

MAZARS LIMITED

Address

121 St. Ann Way
GL1 5SH
GB

Reference

Companies House number: 05380971

Supplier is SME?

No

Supplier is VCSE?

No

Alvarez & Marsal LLP

Address

30 Old Bailey, London, United Kingdom, EC4M 7AU

Reference

Companies House number: OC331411

Supplier is SME?

No

Supplier is VCSE?

No

ALIXPARTNERS LTD

Address

6 New St Square
EC4A 3BF
GB

Reference

Companies House number: 04560445

Supplier is SME?

No

Supplier is VCSE?

No

FRP Advisory Group PLC

Address

110 Cannon Street, London, United Kingdom, EC4N 6EU

Reference

Companies House number: 12315862

Supplier is SME?

No

Supplier is VCSE?

No

Interpath Ltd

Address

10 Fleet Place, London, England, EC4M 7RB

Reference

Companies House number: 13225134

Supplier is SME?

No

Supplier is VCSE?

No

Deloitte LLP

Address

1 New Street Square, London, United Kingdom, EC4A 3HQ

Reference

Companies House number: OC303675

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Threadneedle Street
LONDON
EC2R8AH
England

Email

Corporate.Contracts@bankofengland.co.uk