Planning

Insolvency and legal services to support the insolvency regime for further education and sixth form colleges in England and Wales

DEPARTMENT FOR EDUCATION

This public procurement record has 1 release in its history.

Planning

21 Aug 2018 at 11:29

Market Engagement Notice
Summary of the contracting process

The Department for Education, based in London, is initiating a tender for "Insolvency and legal services to support the insolvency regime for further education and sixth form colleges in England and Wales". This procurement project is currently in the planning stage, with an engagement end date set for 21st September 2018. The procurement focuses on the industry category of legal and accounting services, specifically targeting relevant professionals needed to manage insolvencies effectively. Key pre-market engagement events are scheduled for 7th September 2018, at the Department's office, providing further information to potential contractors.

This tender represents a significant opportunity for businesses specialising in insolvency and legal services, particularly for small and medium-sized enterprises (SMEs) and voluntary and community sector enterprises (VCSEs). Given the emphasis on fast-paced responses to financial distress within educational institutions, companies offering licensed insolvency practitioners, accountants, or legal advisory services could thrive in this competitive environment. The engagement events present a valuable opportunity for prospective bidders to network and gain insights directly from government officials, which could enhance their proposal strategies.

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Notice Information

Notice Title

Insolvency and legal services to support the insolvency regime for further education and sixth form colleges in England and Wales

Notice Description

See Attachments for full description and additional information. The Government is introducing a new insolvency regime for further education (FE) and sixth form colleges in England and Wales. The regime will apply aspects of normal corporate insolvency law to colleges that are statutory corporations, and will also introduce a special administration regime known as education administration, with a special objective to protect learner provision for existing students at an insolvent college. This contract will allow the Secretary of State (in relation to a further education body in England) or Welsh Ministers (in relation to a further education body in Wales) to secure the services of relevant insolvency-related professionals (such as licensed insolvency practitioners, accountants and legal advisors). This will enable a quick response to potentially rapidly-changing situations in individual colleges which are in severe financial distress. Additional information: In line with best practice, DfE is holding pre-market engagement events for potential contractors, to provide further information about the insolvency regime and our proposals. Officials from the relevant policy and commercial teams will be in attendance, and there will also be an opportunity to ask questions. The events will take place at our office at Sanctuary Buildings, 20 Great Smith Street, London SW1P 3BT on Friday 7th September 2018. The first event will run from 10:00 - 12:00 and will focus on insolvency services (IBRs and formal insolvency appointments). The second event will run from 14:00 - 16:00 and will focus on legal services. Potential attendees are requested to provide advance notification of their wish to attend. Due to limited space, we have had to restrict attendances to two people per organisation, and places will be allocated on a first come, first served basis. If the event is fully subscribed, we may ask for only one attendee per organisation, or look to hold an additional event if required. Please email FEinsolvency.consultation@education.gov.uk by 12 noon on Friday 31st August 2018, with the name and contact details of your organisation, the names of the people who wish to attend and specify which event (insolvency or legal services) you would like to attend. We will respond to confirm your place(s).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-371f9b1f-0ab7-478f-94a0-60e5b56da7cb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cfd04ba9-efd9-46f9-84ac-a8bb764799ee
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79100000 - Legal services

79211000 - Accounting services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Aug 20187 years ago
Submission Deadline
Not specified
Future Notice Date
21 Sep 2018Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR EDUCATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 3BT
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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