---
title: "Con_27597 Insolvency & Restructuring Panel"
ocid: "ocds-b5fd17-13494ea0-4e4b-4354-8b05-e28bb589e0bd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-13494ea0-4e4b-4354-8b05-e28bb589e0bd"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-13494ea0-4e4b-4354-8b05-e28bb589e0bd.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-13494ea0-4e4b-4354-8b05-e28bb589e0bd.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR EDUCATION"
published: "2025-05-09"
---

# Con_27597 Insolvency & Restructuring Panel

Buyer: DEPARTMENT FOR EDUCATION  
Current stage: Award  
OCID: ocds-b5fd17-13494ea0-4e4b-4354-8b05-e28bb589e0bd

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## Summary

The "Con_27597 Insolvency & Restructuring Panel" is a procurement process initiated by the Department for Education, headquartered in London, England. This project, classified under the "Accounting and auditing services" industry, aims to support financially distressed educational institutions across multiple regions in the United Kingdom, including North East, North West, and London, among others. The procurement stage has reached the award phase as of 9th May 2025. The tender was conducted using a selective procurement method as a call-off from a framework agreement, with a contract period starting on 14th April 2025 and concluding on 30th April 2028. The total contract value is £1,457,143.

This procurement presents a significant opportunity for businesses in the accounting and auditing industry, particularly those proficient in managing restructuring and insolvency services. Small and medium enterprises (SMEs) may find this tender especially suited to their capabilities, given the targeted nature of the services required. The selected supplier for this initiative is Kroll Advisory, highlighting that companies with expertise in managing complex financial recovery processes are well-positioned to benefit. Additionally, the panel will offer its services to other financially distressed providers in need of restructuring, expanding business growth potential in this sector.

## Notice

To support the implementation of the FE insolvency regime and its underlying legislation, TFEA, which received royal ascent in 2017, infrastructure is required to allow financially distressed colleges to be assessed and, if necessary, managed through restructuring / insolvency. Accordingly, a professional services panel is required as part of this infrastructure. The panel will also be available for other financially distressed providers which may require restructuring or managed through an insolvency process.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6b91aede-e43e-4753-89da-e60ace4228ef |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 May 2025 |
| Submission deadline | 13 Jan 2025 |
| Future notice date | Not specified |
| Award date | 13 Apr 2025 |
| Contract period | 13 Apr 2025 - 30 Apr 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,457,143 |
| Lots value | Not specified |
| Awards value | £1,457,143 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEPARTMENT FOR EDUCATION |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1P 3BT |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | KROLL ADVISORY |

## CPV Codes

### Divisions

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

### Codes

- 79210000 - Accounting and auditing services

## Release History

- 9 May 2025 at 14:10 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/6b91aede-e43e-4753-89da-e60ace4228ef

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/6b91aede-e43e-4753-89da-e60ace4228ef
  9th May 2025 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/39a874e2-fae9-4805-9f10-a9ce19ccbf7c
  n/a

## Notice URLs

- https://www.gov.uk/dfe

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-13494ea0-4e4b-4354-8b05-e28bb589e0bd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-13494ea0-4e4b-4354-8b05-e28bb589e0bd.json.