Published date: 2 November 2022

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


Closing: 16 September 2022, 11:59pm

Contract summary

Industry

  • Accounting, auditing and fiscal services - 79200000

Location of contract

London

Value of contract

£57,000

Procurement reference

tender_317617/1139543

Published date

2 November 2022

Closing date

16 September 2022

Closing time

11:59pm

Contract start date

17 September 2022

Contract end date

14 October 2022

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

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

More information

Attachments

Award information

Awarded date

17 September 2022

Contract start date

17 September 2022

Contract end date

14 October 2022

Total value of contract

£57,000

This contract was awarded to 1 supplier.

FRP Advisory

Address

110 Cannon Street, London, EC4N 6EU

Reference

Companies House number: 12315862

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

1 Victoria Street
London
SW1H 0ET
England

Email

cara.jenkins@beis.gov.uk