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Restructuring services, Forensic Accounting, Investigation, Audit and Assurance Framework - All Lots awarded Call off contracts

Department for Education

This public procurement record has 5 releases in its history.

Award

02 Nov 2021 at 11:59

Award Notice
AwardUpdate

30 Jun 2021 at 15:30

Award Notice
Award

20 Apr 2021 at 13:56

Award Notice
Tender

04 Nov 2020 at 12:12

Tender Notice
Planning

24 Jul 2020 at 07:56

Market Engagement Notice
Summary of the contracting process

The Department for Education has recently completed the procurement process for the "Restructuring Services, Forensic Accounting, Investigation, Audit and Assurance Framework". This project falls under the services category in the accounting, auditing, and fiscal services sector, with a total contract value of £60.12 million. The contract has been awarded to several suppliers, including Ernst & Young LLP and Grant Thornton UK LLP, with the services required to be delivered nationally across the UK. The contract period commenced on 16 April 2021 and is set to conclude on 15 April 2023, while the tender period ended on 30 November 2020.

This framework presents substantial opportunities for SMEs and voluntary, community, and social enterprises (VCSEs) looking to expand within the public sector. Companies specialising in accounting, forensic investigation, and audit services would find suitable avenues for bidding, especially those with experience in insolvency and restructuring services or those engaged in public sector compliance. Potential bidders should consider establishing collaborations to enhance their competitiveness in this substantial procurement opportunity.

How relevant is this notice?

Notice Information

Notice Title

Restructuring services, Forensic Accounting, Investigation, Audit and Assurance Framework - All Lots awarded Call off contracts

Notice Description

Provision of Restructuring services, Forensic Accounting, Investigation, Audit and Assurance Framework Call off Contract Quarterly Award Notice Breakdown of Contracts awarded under the terms of the Framework: Lot 1 - Restructuring services: 1. con_12029 - The DfE have appointed Ernst and Young to provide IBR and Supplementary activity to the department - Contract term 29/07/2021 - 27/08/2021 - Contract value - PS75,000 Lot 2 - Forensic accounting and investigation support services: 1. con_12030 - The DfE have appointed Grant Thornton to provide forensic accounting services to the department - contract term 23/07/21 - 31/10/21 - Contract Value PS28,000 2. con_12032 - The DfE have appointed RSM to provide Investigation support services to the department - contract term 23/08/21 - 27/09/21 - Contract Value - PS20,750 3. con_12033 - The DfE have appointed TIAA to provide Investigation support services to the department - contract term 26/08/21 - 30/11/21 - Contract Value - PS11,000

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-67eefa9d-cd8f-465a-9ced-3382c3cf91c3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cb2ef855-acda-4793-ac2c-5e7d79a1130d
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
£134,750 £100K-£500K
Lots Value
Not specified
Awards Value
£60,254,750 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
2 Nov 20214 years ago
Submission Deadline
30 Nov 2020Expired
Future Notice Date
30 Nov 2020Expired
Award Date
12 Mar 20215 years ago
Contract Period
23 Jul 2021 - 31 Mar 2022 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
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
Postcode Area
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
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
14
Supplier Names

Azets Holdings Limited t/a Azets

BDO LLP

Deloitte LLP

Ernst & Young LLP

FRP Advisory Trading Limited

FTI Consulting LLP

Grant Thornton UK LLP

KPMG LP

Mazars LLP

Pricewaterhoousecoopers LLP

RSM Risk Assurance Services LLP

TIAA LTD

UHY Hacker Young (Birmingham) LLP

Wylie & Bisset LLP

Further Information

Notice Documents

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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