Resolution Procurement Framework 2023
Buyers
Value
£380,000,000
Suppliers
- ACCENTURE (UK) LIMITED
- FRP Advisory Group PLC
- Evelyn Partners LLP
- REPLY LIMITED
- Interpath LTD
- Oliver Wyman Limited
- PRICEWATERHOUSECOOPERS LLP
- Teneo Business Consulting Limited
- Deloitte LLP
- ALANTRA CORPORATE FINANCE LLP
- Ernst & Young LLP
- Grant Thornton Limited
- BDO LLP
- MAZARS GB LIMITED
- ALIXPARTNERS LTD
- Kroll Advisory Ltd
- NORTH HIGHLAND UK LIMITED
- FTI Consulting Management Limited
- Alvarez & Marsal LLP
Classifications
- Business and management consultancy and related services
Tags
- award
- contract
Published
5 days ago
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.
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