Award

Restructuring and Pre-Insolvency Services (RPIS) Framework

PENSION PROTECTION FUND

This public procurement record has 2 releases in its history.

Award

03 Jun 2025 at 15:45

Tender

30 Sep 2024 at 12:36

Summary of the contracting process

The Pension Protection Fund has completed the contracting process for their "Restructuring and Pre-Insolvency Services (RPIS) Framework" with a focus on pension services. This initiative, employing an open procedure above the threshold, sought to provide comprehensive support when scheme employers face corporate restructuring and insolvency proceedings. The contract, valued at £2,400,000, runs from 1st April 2025 to 31st March 2027. The procurement, undertaken by the Pension Protection Fund headquartered in Croydon, England, was initially published on 30th September 2024, with tender submissions closing on 4th November 2024.

This framework presents substantial opportunities for businesses specialising in pension-related restructuring and advisory services, particularly those experienced in navigating complex financial reorganisations. SMEs are particularly encouraged to engage, given the suitability criteria outlined, though the current awardees are large firms. Companies providing accounting and covenant advisory services, capable of safeguarding employer and scheme interests during financial duress, would find this framework beneficial for expanding their consultancy and advisory roles within the United Kingdom’s public sector.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Restructuring and Pre-Insolvency Services (RPIS) Framework

Notice Description

The scope of services provided under this framework relates to when scheme employers are undergoing corporate restructuring, particularly where this involves insolvency proceedings. These arrangements can have long-term repercussions for schemes' employer covenant and funding, and this panel will ensure that trustees access the expertise needed to protect schemes' interests and maximise the likelihood of delivering a viable employer and scheme at the end of the process. The estimated contract value includes the optional extension years (up to two periods on one year each).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-67c06ae8-830e-4f3d-a74e-2b67bac36b4f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fc218f8d-c9f1-46a0-8d4b-9fda2702c2d9
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66520000 - Pension services

Notice Value(s)

Tender Value
£2,400,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,400,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
3 Jun 20258 months ago
Submission Deadline
4 Nov 2024Expired
Future Notice Date
Not specified
Award Date
8 Apr 202510 months ago
Contract Period
31 Mar 2025 - 31 Mar 2027 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
PENSION PROTECTION FUND
Contact Name
Not specified
Contact Email
commercialservices@ppf.co.uk
Contact Phone
Not specified

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Post Town
Croydon
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI London

Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
11
Supplier Names

BDO

EVELYN PARTNERS

GRANT THORNTON UK ADVISORY & TAX

INTERPATH

ISIO GROUP

LANE CLARK & PEACOCK

MENZIES

MERCER

PWC

RSM UK RESTRUCTURING ADVISORY

TENEO FINANCIAL ADVISORY

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-67c06ae8-830e-4f3d-a74e-2b67bac36b4f-2025-06-03T16:45:28+01:00",
    "date": "2025-06-03T16:45:28+01:00",
    "ocid": "ocds-b5fd17-67c06ae8-830e-4f3d-a74e-2b67bac36b4f",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_464086/1484671",
        "title": "Restructuring and Pre-Insolvency Services (RPIS) Framework",
        "description": "The scope of services provided under this framework relates to when scheme employers are undergoing corporate restructuring, particularly where this involves insolvency proceedings. These arrangements can have long-term repercussions for schemes' employer covenant and funding, and this panel will ensure that trustees access the expertise needed to protect schemes' interests and maximise the likelihood of delivering a viable employer and scheme at the end of the process. The estimated contract value includes the optional extension years (up to two periods on one year each).",
        "datePublished": "2024-09-30T13:36:48+01:00",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66520000",
            "description": "Pension services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 2400000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure (above threshold)",
        "tenderPeriod": {
            "endDate": "2024-11-04T13:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2025-04-01T00:00:00+01:00",
            "endDate": "2027-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/a57c266b-f322-4ca3-90cb-db11cc7ea98d",
                "datePublished": "2024-09-30T13:36:48+01:00",
                "format": "text/html",
                "language": "en"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-41401",
            "name": "Pension Protection Fund",
            "identifier": {
                "legalName": "Pension Protection Fund"
            },
            "address": {
                "streetAddress": "Renaissance, 12 Dingwall Road",
                "locality": "Croydon",
                "postalCode": "CR0 2NA",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "commercialservices@ppf.co.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-OC305127",
            "name": "BDO LLP",
            "identifier": {
                "legalName": "BDO LLP",
                "scheme": "GB-COH",
                "id": "OC305127"
            },
            "address": {
                "streetAddress": "55 Baker Street, London, W1U 7EU"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-COH-OC369631",
            "name": "Evelyn Partners LLP",
            "identifier": {
                "legalName": "Evelyn Partners LLP",
                "scheme": "GB-COH",
                "id": "OC369631"
            },
            "address": {
                "streetAddress": "45 Gresham Street, London, EC2V 7BG"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-COH-OC454533",
            "name": "Grant Thornton UK Advisory & Tax LLP",
            "identifier": {
                "legalName": "Grant Thornton UK Advisory & Tax LLP",
                "scheme": "GB-COH",
                "id": "OC454533"
            },
            "address": {
                "streetAddress": "30 Finsbury Square, London, EC2A 1AG"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-COH-13225134",
            "name": "Interpath Ltd",
            "identifier": {
                "legalName": "Interpath Ltd",
                "scheme": "GB-COH",
                "id": "13225134"
            },
            "address": {
                "streetAddress": "10 Fleet Place, London, EC4M 7RB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-COH-12273083",
            "name": "Isio Group Limited",
            "identifier": {
                "legalName": "Isio Group Limited",
                "scheme": "GB-COH",
                "id": "12273083"
            },
            "address": {
                "streetAddress": "10 Norwich Street, London, United Kingdom, EC4A 1BD"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-COH-OC301436",
            "name": "Lane Clark & Peacock LLP",
            "identifier": {
                "legalName": "Lane Clark & Peacock LLP",
                "scheme": "GB-COH",
                "id": "OC301436"
            },
            "address": {
                "streetAddress": "95 Wigmore Street, London, W1U 1DQ"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-COH-OC336077",
            "name": "Menzies LLP",
            "identifier": {
                "legalName": "Menzies LLP",
                "scheme": "GB-COH",
                "id": "OC336077"
            },
            "address": {
                "streetAddress": "4th Floor, 95 Gresham St, City of London, London EC2V 7AB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-COH-984275",
            "name": "MERCER LIMITED",
            "identifier": {
                "legalName": "MERCER LIMITED",
                "scheme": "GB-COH",
                "id": "984275"
            },
            "address": {
                "streetAddress": "Tower Place West, Tower Place, London EC3R 5BU"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-COH-OC303525",
            "name": "PWC LLP",
            "identifier": {
                "legalName": "PWC LLP",
                "scheme": "GB-COH",
                "id": "OC303525"
            },
            "address": {
                "streetAddress": "1 Embankment Place, London WC2N 6RH"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-COH-OC325349",
            "name": "RSM UK Restructuring Advisory LLP",
            "identifier": {
                "legalName": "RSM UK Restructuring Advisory LLP",
                "scheme": "GB-COH",
                "id": "OC325349"
            },
            "address": {
                "streetAddress": "25 Farringdon Street, London, EC4 4AB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-COH-13192958",
            "name": "Teneo Financial Advisory Limited",
            "identifier": {
                "legalName": "Teneo Financial Advisory Limited",
                "scheme": "GB-COH",
                "id": "13192958"
            },
            "address": {
                "streetAddress": "11 Pilgrim Street, London, EC4V 6RN"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-41401",
        "name": "Pension Protection Fund"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-67c06ae8-830e-4f3d-a74e-2b67bac36b4f-1",
            "status": "active",
            "date": "2025-04-09T00:00:00+01:00",
            "datePublished": "2025-06-03T16:45:28+01:00",
            "value": {
                "amount": 2400000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-OC305127",
                    "name": "BDO LLP"
                },
                {
                    "id": "GB-COH-OC369631",
                    "name": "Evelyn Partners LLP"
                },
                {
                    "id": "GB-COH-OC454533",
                    "name": "Grant Thornton UK Advisory & Tax LLP"
                },
                {
                    "id": "GB-COH-13225134",
                    "name": "Interpath Ltd"
                },
                {
                    "id": "GB-COH-12273083",
                    "name": "Isio Group Limited"
                },
                {
                    "id": "GB-COH-OC301436",
                    "name": "Lane Clark & Peacock LLP"
                },
                {
                    "id": "GB-COH-OC336077",
                    "name": "Menzies LLP"
                },
                {
                    "id": "GB-COH-984275",
                    "name": "MERCER LIMITED"
                },
                {
                    "id": "GB-COH-OC303525",
                    "name": "PWC LLP"
                },
                {
                    "id": "GB-COH-OC325349",
                    "name": "RSM UK Restructuring Advisory LLP"
                },
                {
                    "id": "GB-COH-13192958",
                    "name": "Teneo Financial Advisory Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2025-04-01T00:00:00+01:00",
                "endDate": "2027-03-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/fc218f8d-c9f1-46a0-8d4b-9fda2702c2d9",
                    "datePublished": "2025-06-03T16:45:28+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}