Award

Energy Supply Company Insolvency - Response

DEPARTMENT FOR ENERGY SECURITY & NET ZERO

This public procurement record has 2 releases in its history.

AwardUpdate

28 Oct 2025 at 15:53

TenderUpdate

28 Feb 2024 at 19:36

Summary of the contracting process

The procurement process titled "Energy Supply Company Insolvency - Response" is spearheaded by the Department for Energy Security & Net Zero, based in London, United Kingdom. This procurement falls under the legal services category, focusing on providing support for the Special Administration Regime (SAR) for Bulb Energy. As a service procurement, it includes significant legal requirements to address the complexities of energy company insolvencies. The process is currently in the award stage, following its initiation with a tender update in early 2024. Contracts have been actively signed, with the engagement period spanning from January 2023 to January 2027, signifying a potential long-term involvement. The procurement method does not specify competitive dialogue, implying a direct or negotiated approach to engagement.

This tender presents substantial opportunities for growth, particularly for large-scale legal advisory and restructuring firms specialising in insolvency and financial restructuring. The awarded suppliers, including PricewaterhouseCoopers LLP, RSM UK Restructuring Advisory LLP, Teneo Financial Advisory Limited, and Deloitte LLP, underscore the requirement for expertise in handling complex insolvency cases. Businesses equipped to provide comprehensive legal and advisory services related to regulatory compliance, financial restructuring, and stakeholder management would be well-suited to compete in similar future tenders. This engagement allows firms to build credibility and establish long-term relationships within the UK government sector, enhancing their market presence in the public procurement landscape.

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Notice Title

Energy Supply Company Insolvency - Response

Notice Description

Legal services for support for the SAR for Bulb

Lot Information

Lot 1

Legal services for support for the SAR for Bulb

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-044420
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/069086-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
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

Notice Value(s)

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

Notice Dates

Publication Date
28 Oct 20253 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Jan 20233 years ago
Contract Period
25 Jan 2023 - 25 Jan 2027 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR ENERGY SECURITY & NET ZERO
Contact Name
Not specified
Contact Email
mercedes.ekanem@energysecurity.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
N/A
Post Town
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
4
Supplier Names

DELOITTE

PRICEWATERHOUSECOOPERS

RSM UK RESTRUCTURING ADVISORY

TENEO FINANCIAL ADVISORY

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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