Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

RM3786 Call-off Insolvency

Department for Education

This public procurement record has 1 release in its history.

Award

29 Sep 2021 at 22:45

Award Notice
Summary of the contracting process

The Department for Education has completed a procurement process titled "RM3786 Call-off Insolvency," aimed at securing legal and financial advisory services for distressed education providers in the UK. This procurement falls under the education and training services category, and the process utilised a limited procurement method, specifically a call-off from the RM3786 CCS Framework. The related contract, valued at £3,342,000, was signed on 1st September 2021. Key suppliers awarded this contract include prominent law firms such as Burges Salmon LLP, Dentons UKME LLP, and DLA Piper.

This procurement presents significant opportunities for businesses specialising in legal and financial advisory services, particularly those with experience in insolvency and restructuring within the education sector. Firms that provide debt restructuring advice, compliance with auditing and assurance regulations, or specialise in education-related legal matters would be particularly well-suited to compete for future contracts. Engaging in this domain could enhance their portfolio and contribute to overall business growth, especially in a climate where educational institutions may seek significant support to navigate financial challenges.

How relevant is this notice?

Notice Information

Notice Title

RM3786 Call-off Insolvency

Notice Description

In order to support PMO's broad range of work and particularly in the assessment of a broad range of financially distressed Education Providers , we are procuring the following services: Legal services and advice for restructuring and insolvency, such as the appointment of an Education Administrator and advice in the run up to and during an Education Administration (or normal insolvency procedure defined in the IA). There also may be a requirement for legal advice during an IBR and any other supplementary activity, whilst the options for intervention or insolvency are recommended to the Appropriate National Authority, defined as the Secretary of State or Welsh Ministers by s5 of TEFA 2017, hereafter referred to as ANA. Linked to the above or separately, debt advice for restructuring existing loans and/or grants may also be required. Legal services and advice for CF&I, such as urgent legal advice during ongoing investigations and enforcement action. This will include advice in the event of legal challenge, assessment of relevant potential contractual action and strategic options depending on individual case factors. This will also include provision of advice on enforcement actions requiring specific specialism such as insolvency litigation and may include consideration of civil recovery options. Audit and Assurance Legal services and advice for Audit and Assurance activity, such as urgent legal advice during ongoing audits and provision of advice on funding error recovery action. This will include a legal assessment on likelihood of legal challenge and advice in the event of legal challenge. This could include advice on Freedom of Information and GDPR provision.

Lot Information

Lot 1

In order to support PMO's broad range of work and particularly in the assessment of a broad range of financially distressed Education Providers , we are procuring the following services: Legal services and advice for restructuring and insolvency, such as the appointment of an Education Administrator and advice in the run up to and during an Education Administration (or normal insolvency procedure defined in the IA). There also may be a requirement for legal advice during an IBR and any other supplementary activity, whilst the options for intervention or insolvency are recommended to the Appropriate National Authority, defined as the Secretary of State or Welsh Ministers by s5 of TEFA 2017, hereafter referred to as ANA. Linked to the above or separately, debt advice for restructuring existing loans and/or grants may also be required. Legal services and advice for CF&I, such as urgent legal advice during ongoing investigations and enforcement action. This will include advice in the event of legal challenge, assessment of relevant potential contractual action and strategic options depending on individual case factors. This will also include provision of advice on enforcement actions requiring specific specialism such as insolvency litigation and may include consideration of civil recovery options. Audit and Assurance Legal services and advice for Audit and Assurance activity, such as urgent legal advice during ongoing audits and provision of advice on funding error recovery action. This will include a legal assessment on likelihood of legal challenge and advice in the event of legal challenge. This could include advice on Freedom of Information and GDPR provision.

Options: Contract is for 1 year with an option to extend for a further year

Procurement Information

Call-Off from RM3786 CCS Framework

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02e636
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024263-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services

CPV Codes

80000000 - Education and training services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£3,342,000 £1M-£10M

Notice Dates

Publication Date
29 Sep 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Sep 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

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
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
7
Supplier Names

Burges Salmon LLP

DLA Piper

Dentons UKME LLP

Mills and Reeve LLP

Pinsent Masons LLP

TLT LLP

Womble Bond Dickinson LLP

Further Information

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.

Loading OCDS record...