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Urgent Specialist Restructuring and Insolvency Advisory Services

UNIVERSITY OF KEELE

This public procurement record has 1 release in its history.

Award

21 Jul 2026 at 08:57

Award Notice
Summary of the contracting process

The University of Keele has awarded a contract to Alvarez & Marsal Europe LLP for urgent specialist restructuring and insolvency advisory services. This procurement falls under the Management Consultancy Framework Four (MCF4), specifically Lot 10, focusing on restructuring and insolvency within the financial consultancy industry (CPV code: 66170000). The services are to be delivered at ST5 5BG, England. The contract, awarded on 5th June 2026, began on 1st June 2026 and is set to conclude by 18th September 2026. The procurement process was conducted through a selective method as a call-off from a framework agreement, with key financial details indicating an increased initial value from £50,000 to £75,000 through a formal variation executed on 20th July 2026.

This contract offers substantial growth opportunities for businesses specialising in financial consultancy and restructuring services, particularly those capable of handling urgent and complex insolvency cases. The nature of the tender suggests that it is well-suited for established firms with a proven track record in consultancy, as highlighted by the selection of Alvarez & Marsal Europe LLP, a large-scale firm. While small and medium-sized enterprises (SMEs) were deemed suitable, the framework's selective procurement method might favour businesses capable of competing at a broader industry level. This contract represents a valuable engagement opportunity in the strategic management consultancy arena, providing a platform for significant business growth and visibility.

How relevant is this notice?

Notice Information

Notice Title

Urgent Specialist Restructuring and Insolvency Advisory Services

Notice Description

Urgent specialist restructuring and insolvency advisory services. This Call-Off is awarded under RM6309 - Management Consultancy Framework Four (MCF4), Lot 10 - Restructuring and Insolvency. The initial value was up to PS50,000.00, this was increased up to PS75,000.00 via a formal variation executed by the parties on 20/07/2026. The initial Contract term is 3-months, with a 3-month optional extension period.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9e09ac61-9f59-4bee-88ba-87d767a0972e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f0f5a08f-d370-4cc7-a894-429e58a26557
Current Stage
Award
All Stages
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
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
Not specified
Awards Value
£75,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jul 20262 weeks ago
Submission Deadline
29 May 2026Expired
Future Notice Date
Not specified
Award Date
4 Jun 20262 months ago
Contract Period
31 May 2026 - 18 Sep 2026 1-6 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
UNIVERSITY OF KEELE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE
Postcode
ST5 5BG
Post Town
Stoke-on-Trent
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
Not specified
Local Authority
Newcastle-under-Lyme
Electoral Ward
Keele
Westminster Constituency
Newcastle-under-Lyme

Supplier Information

Number of Suppliers
1
Supplier Name

ALVAREZ & MARSAL EUROPE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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