Published date: 9 May 2025

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


Closing: 13 January 2025, 12pm

Contract summary

Industry

  • Accounting and auditing services - 79210000

Location of contract

North East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South West

Value of contract

£1,457,143

Procurement reference

tender_442158/1479280

Published date

9 May 2025

Closing date

13 January 2025

Closing time

12pm

Contract start date

14 April 2025

Contract end date

30 April 2028

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

To support the implementation of the FE insolvency regime and its underlying legislation, TFEA, which received royal ascent in 2017, infrastructure is required to allow financially distressed colleges to be assessed and, if necessary, managed through restructuring / insolvency. Accordingly, a professional services panel is required as part of this infrastructure. The panel will also be available for other financially distressed providers which may require restructuring or managed through an insolvency process.

More information

Attachments

Award information

Awarded date

7 May 2025

Contract start date

14 April 2025

Contract end date

30 April 2028

Total value of contract

£1,457,143

This contract was awarded to 1 supplier.

PricewaterhouseCoopers LLP

Address

7 More London Riverside, London, SE1 2 RT

Reference

Companies House number: OC303525

Supplier is SME?

Yes

Supplier is VCSE?

No

About the buyer

Contact name

DfE Commercial

Address

Sanctuary Buildings, 20 Great Smith Street
London
SW1P 3BT
England

Email

core.procurement@education.gov.uk

Website

https://www.gov.uk/dfe