Notice Information
Notice Title
Restructuring and Pre-Insolvency Services (RPIS) Framework
Notice Description
The scope of services provided under this framework relates to when scheme employers are undergoing corporate restructuring, particularly where this involves insolvency proceedings. These arrangements can have long-term repercussions for schemes' employer covenant and funding, and this panel will ensure that trustees access the expertise needed to protect schemes' interests and maximise the likelihood of delivering a viable employer and scheme at the end of the process.
Lot Information
Lot 1
Services include: - Evaluating employer financial strength - Assessing options to include both solvent/consensual restructuring options as well as relevant formal insolvency processes - Advising scheme trustees on appropriate and proportionate ongoing monitoring of the sponsor covenant
Options: Options to extend framework agreement by up to two periods on one year each (2+1+1).
Renewal: The Framework Agreements will be awarded for an initial period of two (2) years. The Framework Agreement may be extended on the same terms and conditions at the Board's option for a further period or periods not exceeding four (4) years in total (2+1+1).
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-04a428
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/029867-2025
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Framework
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- Not specified
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66520000 - Pension services
Notice Value(s)
- Tender Value
- £2,000,000 £1M-£10M
- Lots Value
- £2,000,000 £1M-£10M
- Awards Value
- Not specified
- Contracts Value
- £2,640,000 £1M-£10M
Notice Dates
- Publication Date
- 4 Jun 20258 months ago
- Submission Deadline
- 4 Nov 2024Expired
- Future Notice Date
- Not specified
- Award Date
- 31 Mar 202510 months 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
- THE PENSION PROTECTION FUND
- Additional Buyers
- Contact Name
- Not specified
- Contact Email
- commercialservices@ppf.co.uk
- Contact Phone
- +44 8456002541
Buyer Location
- Locality
- CROYDON
- Postcode
- CR0 2NA
- Post Town
- Croydon
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI6 Outer London - South
- Small Region (ITL 3)
- TLI62 Croydon
- Delivery Location
- TLI62 Croydon
-
- Local Authority
- Croydon
- Electoral Ward
- Fairfield
- Westminster Constituency
- Croydon West
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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.
{
"tag": [
"compiled"
],
"id": "ocds-h6vhtk-04a428-2025-06-04T12:58:58+01:00",
"date": "2025-06-04T12:58:58+01:00",
"ocid": "ocds-h6vhtk-04a428",
"initiationType": "tender",
"tender": {
"id": "ocds-h6vhtk-04a428",
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"title": "Restructuring and Pre-Insolvency Services (RPIS) Framework",
"status": "complete",
"classification": {
"scheme": "CPV",
"id": "66520000",
"description": "Pension services"
},
"mainProcurementCategory": "services",
"description": "The scope of services provided under this framework relates to when scheme employers are undergoing corporate restructuring, particularly where this involves insolvency proceedings. These arrangements can have long-term repercussions for schemes' employer covenant and funding, and this panel will ensure that trustees access the expertise needed to protect schemes' interests and maximise the likelihood of delivering a viable employer and scheme at the end of the process.",
"value": {
"amount": 2000000,
"currency": "GBP"
},
"lots": [
{
"id": "1",
"description": "Services include: - Evaluating employer financial strength - Assessing options to include both solvent/consensual restructuring options as well as relevant formal insolvency processes - Advising scheme trustees on appropriate and proportionate ongoing monitoring of the sponsor covenant",
"value": {
"amount": 2000000,
"currency": "GBP"
},
"contractPeriod": {
"durationInDays": 1440
},
"hasRenewal": true,
"renewal": {
"description": "The Framework Agreements will be awarded for an initial period of two (2) years. The Framework Agreement may be extended on the same terms and conditions at the Board's option for a further period or periods not exceeding four (4) years in total (2+1+1)."
},
"submissionTerms": {
"variantPolicy": "notAllowed"
},
"hasOptions": true,
"status": "cancelled",
"awardCriteria": {
"criteria": [
{
"name": "Service",
"type": "quality",
"description": "50%"
},
{
"name": "Quality",
"type": "quality",
"description": "40%"
},
{
"name": "Social Value",
"type": "quality",
"description": "10%"
},
{
"type": "price",
"description": "100%"
}
]
},
"options": {
"description": "Options to extend framework agreement by up to two periods on one year each (2+1+1)."
}
}
],
"items": [
{
"id": "1",
"deliveryAddresses": [
{
"region": "UK"
},
{
"region": "UKI62"
}
],
"relatedLot": "1"
}
],
"submissionMethod": [
"electronicSubmission",
"written"
],
"submissionMethodDetails": "https://ppf.bravosolution.co.uk/web/login.html",
"procurementMethod": "open",
"procurementMethodDetails": "Open procedure",
"techniques": {
"hasFrameworkAgreement": true,
"frameworkAgreement": {
"maximumParticipants": 10
}
},
"coveredBy": [
"GPA"
],
"tenderPeriod": {
"endDate": "2024-11-04T13:00:00Z"
},
"submissionTerms": {
"languages": [
"en"
],
"bidValidityPeriod": {
"durationInDays": 180
}
},
"awardPeriod": {
"startDate": "2024-11-04T13:00:00Z"
},
"bidOpening": {
"date": "2024-11-04T13:00:00Z"
},
"hasRecurrence": false
},
"parties": [
{
"id": "GB-FTS-12304",
"name": "The Board of the Pension Protection Fund",
"identifier": {
"legalName": "The Board of the Pension Protection Fund"
},
"address": {
"streetAddress": "Renaissance, 12 Dingwall Road",
"locality": "Croydon",
"region": "UK",
"postalCode": "CR0 2NA",
"countryName": "United Kingdom"
},
"contactPoint": {
"telephone": "+44 8456002541",
"email": "commercialservices@ppf.co.uk",
"url": "https://ppf.bravosolution.co.uk/web/login.html"
},
"roles": [
"buyer",
"reviewBody"
],
"details": {
"url": "http://www.ppf.co.uk",
"classifications": [
{
"scheme": "TED_CA_TYPE",
"id": "BODY_PUBLIC",
"description": "Body governed by public law"
},
{
"scheme": "COFOG",
"id": "04",
"description": "Economic affairs"
}
]
}
},
{
"id": "GB-FTS-8835",
"name": "The Board of the Pension Protection Fund",
"identifier": {
"legalName": "The Board of the Pension Protection Fund"
},
"address": {
"locality": "Croydon",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "commercial.services@ppf.co.uk"
},
"roles": [
"mediationBody"
]
},
{
"id": "GB-FTS-138536",
"name": "The Pension Protection Fund",
"identifier": {
"legalName": "The Pension Protection Fund"
},
"address": {
"streetAddress": "Renaissance, 12 Dingwall Road",
"locality": "Croydon",
"region": "UK",
"postalCode": "CR0 2NA",
"countryName": "United Kingdom"
},
"contactPoint": {
"telephone": "+44 8456002541",
"email": "commercialservices@ppf.co.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "http://www.ppf.co.uk",
"classifications": [
{
"scheme": "TED_CA_TYPE",
"id": "BODY_PUBLIC",
"description": "Body governed by public law"
},
{
"scheme": "COFOG",
"id": "04",
"description": "Economic affairs"
}
]
}
},
{
"id": "GB-FTS-74839",
"name": "BDO LLP",
"identifier": {
"legalName": "BDO LLP"
},
"address": {
"locality": "London",
"region": "UK",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-150173",
"name": "Evelyn Partners LLP",
"identifier": {
"legalName": "Evelyn Partners LLP"
},
"address": {
"locality": "London",
"region": "UK",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-150174",
"name": "Grant Thornton UK Advisory & Tax LLP",
"identifier": {
"legalName": "Grant Thornton UK Advisory & Tax LLP"
},
"address": {
"locality": "London",
"region": "UK",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-150175",
"name": "Interpath Ltd",
"identifier": {
"legalName": "Interpath Ltd"
},
"address": {
"locality": "London",
"region": "UK",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-150176",
"name": "Isio Group Limited",
"identifier": {
"legalName": "Isio Group Limited"
},
"address": {
"locality": "London",
"region": "UK",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-150177",
"name": "Lane Clark & Peacock LLP",
"identifier": {
"legalName": "Lane Clark & Peacock LLP"
},
"address": {
"locality": "London",
"region": "UK",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-150178",
"name": "Menzies LLP",
"identifier": {
"legalName": "Menzies LLP"
},
"address": {
"locality": "London",
"region": "UK",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-150179",
"name": "Mercer Limited",
"identifier": {
"legalName": "Mercer Limited"
},
"address": {
"locality": "London",
"region": "UK",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-150180",
"name": "PWC LLP",
"identifier": {
"legalName": "PWC LLP"
},
"address": {
"locality": "London",
"region": "UK",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-150181",
"name": "RSM UK Restructuring Advisory LLP",
"identifier": {
"legalName": "RSM UK Restructuring Advisory LLP"
},
"address": {
"locality": "London",
"region": "UK",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-150182",
"name": "Teneo Financial Advisory Limited",
"identifier": {
"legalName": "Teneo Financial Advisory Limited"
},
"address": {
"locality": "London",
"region": "UK",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-150183",
"name": "The Pension Protection Fund",
"identifier": {
"legalName": "The Pension Protection Fund"
},
"address": {
"locality": "Croydon",
"countryName": "United Kingdom"
},
"roles": [
"reviewBody"
]
}
],
"buyer": {
"id": "GB-FTS-138536",
"name": "The Pension Protection Fund"
},
"language": "en",
"awards": [
{
"id": "029867-2025-1",
"relatedLots": [
"1"
],
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-74839",
"name": "BDO LLP"
}
]
},
{
"id": "029867-2025-2",
"relatedLots": [
"1"
],
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-150173",
"name": "Evelyn Partners LLP"
}
]
},
{
"id": "029867-2025-3",
"relatedLots": [
"1"
],
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-150174",
"name": "Grant Thornton UK Advisory & Tax LLP"
}
]
},
{
"id": "029867-2025-4",
"relatedLots": [
"1"
],
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-150175",
"name": "Interpath Ltd"
}
]
},
{
"id": "029867-2025-5",
"relatedLots": [
"1"
],
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-150176",
"name": "Isio Group Limited"
}
]
},
{
"id": "029867-2025-6",
"relatedLots": [
"1"
],
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-150177",
"name": "Lane Clark & Peacock LLP"
}
]
},
{
"id": "029867-2025-7",
"relatedLots": [
"1"
],
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-150178",
"name": "Menzies LLP"
}
]
},
{
"id": "029867-2025-8",
"relatedLots": [
"1"
],
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-150179",
"name": "Mercer Limited"
}
]
},
{
"id": "029867-2025-9",
"relatedLots": [
"1"
],
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-150180",
"name": "PWC LLP"
}
]
},
{
"id": "029867-2025-10",
"relatedLots": [
"1"
],
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-150181",
"name": "RSM UK Restructuring Advisory LLP"
}
]
},
{
"id": "029867-2025-11",
"relatedLots": [
"1"
],
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-150182",
"name": "Teneo Financial Advisory Limited"
}
]
}
],
"contracts": [
{
"id": "029867-2025-1",
"awardID": "029867-2025-1",
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"value": {
"amount": 2400000,
"currency": "GBP"
},
"dateSigned": "2025-04-01T00:00:00+01:00"
},
{
"id": "029867-2025-2",
"awardID": "029867-2025-2",
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"value": {
"amount": 2400000,
"currency": "GBP"
},
"dateSigned": "2025-04-01T00:00:00+01:00"
},
{
"id": "029867-2025-3",
"awardID": "029867-2025-3",
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"value": {
"amount": 2400000,
"currency": "GBP"
},
"dateSigned": "2025-04-01T00:00:00+01:00"
},
{
"id": "029867-2025-4",
"awardID": "029867-2025-4",
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"value": {
"amount": 240000,
"currency": "GBP"
},
"dateSigned": "2025-04-01T00:00:00+01:00"
},
{
"id": "029867-2025-5",
"awardID": "029867-2025-5",
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"value": {
"amount": 240000,
"currency": "GBP"
},
"dateSigned": "2025-04-01T00:00:00+01:00"
},
{
"id": "029867-2025-6",
"awardID": "029867-2025-6",
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"value": {
"amount": 240000,
"currency": "GBP"
},
"dateSigned": "2025-04-01T00:00:00+01:00"
},
{
"id": "029867-2025-7",
"awardID": "029867-2025-7",
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"value": {
"amount": 240000,
"currency": "GBP"
},
"dateSigned": "2025-04-01T00:00:00+01:00"
},
{
"id": "029867-2025-8",
"awardID": "029867-2025-8",
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"value": {
"amount": 240000,
"currency": "GBP"
},
"dateSigned": "2025-04-01T00:00:00+01:00"
},
{
"id": "029867-2025-9",
"awardID": "029867-2025-9",
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"value": {
"amount": 240000,
"currency": "GBP"
},
"dateSigned": "2025-04-01T00:00:00+01:00"
},
{
"id": "029867-2025-10",
"awardID": "029867-2025-10",
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"value": {
"amount": 240000,
"currency": "GBP"
},
"dateSigned": "2025-04-01T00:00:00+01:00"
},
{
"id": "029867-2025-11",
"awardID": "029867-2025-11",
"title": "Restructuring and Pre-Insolvency Services Framework",
"status": "active",
"value": {
"amount": 240000,
"currency": "GBP"
},
"dateSigned": "2025-04-01T00:00:00+01:00"
}
],
"bids": {
"statistics": [
{
"id": "1",
"measure": "bids",
"relatedLot": "1",
"value": 11
},
{
"id": "2",
"measure": "bids",
"relatedLot": "1",
"value": 11
},
{
"id": "3",
"measure": "bids",
"relatedLot": "1",
"value": 11
},
{
"id": "4",
"measure": "bids",
"relatedLot": "1",
"value": 11
},
{
"id": "5",
"measure": "bids",
"relatedLot": "1",
"value": 11
},
{
"id": "6",
"measure": "bids",
"relatedLot": "1",
"value": 11
},
{
"id": "7",
"measure": "bids",
"relatedLot": "1",
"value": 11
},
{
"id": "8",
"measure": "bids",
"relatedLot": "1",
"value": 11
},
{
"id": "9",
"measure": "bids",
"relatedLot": "1",
"value": 11
},
{
"id": "10",
"measure": "bids",
"relatedLot": "1",
"value": 11
},
{
"id": "11",
"measure": "bids",
"relatedLot": "1",
"value": 11
}
]
}
}