Resolution Procurement Framework Agreement 2023
Bank of England · London
Key facts
- Awarded
- 14 Jul 2023
- Contract starts
- 14 Sep 2023
- Contract ends
- 14 May 2027
- Procedure
- Open procedure (above threshold)
- Buyer type
- Central government
- Source
- Contracts Finder
Awarded to 19 suppliers
| Supplier | Value |
|---|---|
| DELOITTE LLP | — |
| ERNST & YOUNG LLP | — |
| GRANT THORNTON UK LLP | — |
| PRICEWATERHOUSECOOPERS LLP | — |
| BDO | — |
| Accenture Limited | — |
| Evelyn Partners | — |
| Mazars | — |
| North Highland UK Ltd | — |
| Teneo | — |
| Reply Limited | — |
| Alvarez and Marsal,, | — |
| Interpath Ltd | — |
| OLIVER WYMAN CONSULTING LTD | — |
| ALIXPARTNERS UK LLP | — |
| FTI CONSULTING SERVICES LTD | — |
| Alantra Corporate Finance LLP | — |
| FRP Advisory Group PLC | — |
| KROLL (U.K.) LIMITED | — |
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.
Categories (CPV)
- 79400000 Business and management consultancy and related services
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