Published date: 4 March 2019

Last edited date: 4 March 2019

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


Closing: 13 October 2017

Contract summary

Industry

  • Financial and insurance services - 66000000

Location of contract

Any region

Value of contract

£198,570

Procurement reference

RD1001125

Published date

4 March 2019

Closing date

13 October 2017

Contract start date

27 October 2017

Contract end date

30 November 2018

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?

Yes


Description

A dedicated project team in the Department for Education is supporting this rebrokerage and closure project. The Department is seeking to secure external financial and insolvency expertise to provide additional capacity to the Trust for the rebrokering of all of its academies and the closure of the Trust and to support the Department to facilitate this. This support is required to start with immediate effect. The project requires committed and significant resource to allow a smooth closure of the Trust.

The Department invites bids for professional resource from the ConsultancyOne Framework RM1502 Lot 4.1 Corporate Finance and Financial Strategy. It is essential that the resource has accounting and insolvency practitioner experience and an understanding of education funding in order to provide financial oversight and expertise on a high profile project. The project will focus on providing hands on practical support as well as specialist advice to the Department, together with supporting the Trust.

The project should deliver:

i. Financial information to support the closure process, including the re brokering of the trust's 21 academies and the wind up of the trust
ii. Highlight of areas of potential short-term risk and provide advice regarding mitigations
iii. Robust advice and recommendations to the Department, including advice on insolvency
iv. Regular reporting to the Department

The right supplier will be able to quickly develop an understanding of the Department's requirements and the needs of the academy trust.


Award information

Awarded date

20 October 2017

Contract start date

27 October 2017

Contract end date

30 November 2018

Total value of contract

£198,570

This contract was awarded to 1 supplier.

Deloitte LLP

Address

New Street Square London EC4A 3BZ

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

Attachments


About the buyer

Address

Sanctuary Buildings Great Smith
London
SW1P 3BT
England

Email

dharini.patel@education.gov.uk