Resolution Procurement Framework Agreement 2023

Award

Buyers

Value

£20,000,000

Suppliers

Classifications

  • Business and management consultancy and related services

Tags

  • award

Submission Deadline

1 year ago

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.

Documents

Premium

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  • Contract Agreement

    The official contract terms, conditions, and scopes of work.

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  • Award Notice

    Details on the tender award and selected suppliers.

    Download

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Organisation

Bank of England

Body governed by public law

Timeline complete

Publish
Bid
Evaluate
Award
Complete