RPF2024 (Supplier Engagement)
Bank of England · London
Key facts
- Estimated value
- £20,000,000
- Closing date
- 18 Jan 2023
- Contract starts
- 10 Jul 2023
- Contract ends
- 10 Jul 2027
- Procedure
- Open procedure (above threshold)
- Buyer type
- Central government
Description
The Bank of England ('the Bank') is looking to conduct an open tender procedure in 2023 for the re-tender of its Resolution Advisory Services Framework Agreement ("RPF2024") and is planning to tender for 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 seek advisory support to deliver a resolution (e.g. resolution valuations or insolvency practitioner support). The RPF represents the outcome of an initial competition to pre-select an appropriate panel of Advisors for the aforementioned work.
This PIN is intended to obtain expressions of interest from market suppliers in relation to the described services. The Bank would like to invite interested suppliers to participate in an upcoming market engagement event (taking place in W/C 23 January 2023). In order to register your interest for this opportunity, and participate in the event, please contact the Bank's procurement team via the dialogue functionality on the Bank's eTendering portal Proactis. https://supplierlive.proactisp2p.com/Account/Login Further information relating to the services and the planned event will be shared with those suppliers who register their interest to the Bank's procurement team. Please note: this framework agreement would be awarded on a non-exclusive and non-commitment basis and the estimated contract value is only payable for services called upon by the Bank throughout the life of the framework.
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