This public procurement record has 2 releases in its history.

AwardUpdate

04 Feb 2025 at 13:12

Award

30 Jan 2025 at 18:53

Summary of the contracting process

The Insolvency Service has initiated a procurement process titled "Special Manager Panel: Supporting the Official Receiver in complex Insolvencies", under the management of James Leadbeater. This project falls within the legal services industry category, with additional involvement from business management consultancy services. This tender, awarded under an OR Led Commissioning procurement method through a Request For Quote, aims to establish a NIC Panel of special managers. The completion date for this tender is set for 16th December 2024. The contract is expected to commence on 1st January 2025 and will be in effect until 31st December 2026, taking place within the United Kingdom with a total contract value of £500,000.

This tender offers significant opportunities for large-scale businesses specialising in legal, business and management consultancy, and related services to engage in high-value national interest cases. The project demands expertise in managing complex insolvencies and liquidations, typically requiring businesses with a strong background in such legal and consultancy services. Therefore, companies like Alverez & Marsal Europe LLP, ALIXPARTNERS LTD, BDO LLP, Ernst & Young LLP, FTI CONSULTING SERVICES LTD, GRANT THORNTON LIMITED, Interpath Ltd, PriceWaterhouseCoopers LLP, RSM UK Restructuring Advisory LLP, and Teneo Financial Advisory Limited, which have been listed as suppliers, are well-suited to compete and potentially expand their market presence through this prestigious contract.

How relevant is this notice?

Notice Title

Special Manager Panel: Supporting the Official Receiver in complex Insolvencies

Notice Description

The Official Receiver (OR), an employee of the Insolvency Service but acting independent from Government as a liquidator can in certain circumstances require the support of special managers to support with large scale liquidations/complex insolvencies. Often referred to as National Interest Cases (NIC), the Official Receiver requires to have in a place a NIC Panel of special managers to be available to support as required within these activities

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e237a6a8-2f1a-48cd-9d0f-2285b8b13b53
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ebb38a2e-5557-46c7-9180-bd033e684b39
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - OR Led Commissioning - Request For Quote
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79100000 - Legal services

79400000 - Business and management consultancy and related services

79900000 - Miscellaneous business and business-related services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Feb 20251 years ago
Submission Deadline
16 Dec 2024Expired
Future Notice Date
Not specified
Award Date
1 Jan 20251 years ago
Contract Period
1 Jan 2025 - 31 Dec 2027 2-3 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
The Insolvency Service
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 2HT
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
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
10
Supplier Names

ALIXPARTNERS LTD

Alverez & Marsal Europe LLP

BDO LLP

Ernst & Young LLP

FTI CONSULTING SERVICES LTD

GRANT THORNTON LIMITED

Interpath Ltd

PriceWaterhouseCoopers (PwC) LLP

RSM UK Restructuring Advisory LLP

Teneo Financial Advisory Limited

Further Information

Open Contracting Data Standard (OCDS)

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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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