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Provision of Insolvency Services to Accountant in Bankruptcy Framework - Lot 1

Accountant in Bankruptcy

This public procurement record has 1 release in its history.

AwardUpdate

26 Nov 2020 at 00:00

OJEU - F20 - Modification Notice
Summary of the contracting process

The procurement process involves the Accountant in Bankruptcy, located in Kilwinning, UK, which is seeking services under the title "Provision of Insolvency Services to Accountant in Bankruptcy Framework - Lot 1". This initiative falls under the services industry category and is currently in the award stage, following a tender initiated on 26 November 2020. The contract, which addresses insolvency services across Scotland, has a value of £4.7 million and involves an initial duration of 360 days, with an option for extensions based on service demand. Key suppliers awarded the contract include Wylie & Bisset LLP and Dunedin Advisory Limited.

This tender presents lucrative opportunities for small and medium-sized enterprises (SMEs) involved in insolvency and bankruptcy services, particularly those with experience in case management and legal compliance within Scotland. Such businesses can leverage their expertise to administer allocated sequestration cases effectively, aligning their services with the expectations of the Accountant in Bankruptcy. This process not only opens avenues for increased revenue but also allows SMEs to establish themselves as critical partners in the public sector, given the ongoing uncertainties impacting the insolvency landscape due to factors such as the COVID-19 pandemic.

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Notice Information

Notice Title

Provision of Insolvency Services to Accountant in Bankruptcy Framework - Lot 1

Notice Description

Lot Information

Insolvency Services: North Eastern Scotland, Highlands & Islands of Scotland, Parts of Eastern Scotland

Lot 1 of the Accountant in Bankruptcy (AiB) Insolvency Services Framework. AiB has a requirement for the provision of insolvency services for the administration of allocated sequestration cases where The Accountant is appointed trustee. The services are required across the whole of Scotland. The requirement is split into three geographic Lots with two Contractors appointed to each Lot. Cases are allocated automatically by the case management system (BASYS) to a specific provider in each of the regional Lots dependent on the ranking of the provider in each region. Accountant in Bankruptcy is an Executive Agency of the Scottish Government. The Chief Executive is also The Accountant in Bankruptcy (The Accountant) who is appointed to exercise all of the functions of The Accountant as specified under The Bankruptcy (Scotland) Act 2016 ("the Act") (as amended). AiB requires the services of providers to administer bankruptcy cases where The Accountant has been appointed Trustee. The providers will be expected to carry out the functions of the Trustee in accordance with the terms of the Bankruptcy (Scotland) Act 2016. They will be appointed to act on behalf of The Accountant. The Accountant will remain the Trustee throughout.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000634616
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV400725
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
OJEU - F20 - Modification Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79211000 - Accounting services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£4,700,000 £1M-£10M

Notice Dates

Publication Date
26 Nov 20205 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 May 20179 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Accountant in Bankruptcy
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
KILWINNING
Postcode
KA13 6SA
Postcode Area
Kilmarnock
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM93 North Ayrshire and East Ayrshire
Delivery Location
TLM5 North Eastern Scotland, TLM50 Aberdeen City and Aberdeenshire, TLM6 Highlands and Islands, TLM71 Angus and Dundee City, TLM72 Clackmannanshire and Fife, TLM76 Falkirk, TLM77 Perth and Kinross, and Stirling
Local Authority
North Ayrshire
Electoral Ward
Kilwinning
Westminster Constituency
North Ayrshire and Arran

Supplier Information

Number of Suppliers
2
Supplier Names

Dunedin Advisory Limited

Wylie & Bisset LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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