---
title: "Con_27598 Insolvency & Restructuring Panel"
ocid: "ocds-b5fd17-9557fb1e-141f-43d1-afbb-095f820eafd4"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9557fb1e-141f-43d1-afbb-095f820eafd4"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9557fb1e-141f-43d1-afbb-095f820eafd4.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-9557fb1e-141f-43d1-afbb-095f820eafd4.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR EDUCATION"
published: "2025-05-09"
---

# Con_27598 Insolvency & Restructuring Panel

Buyer: DEPARTMENT FOR EDUCATION  
Current stage: Award  
OCID: ocds-b5fd17-9557fb1e-141f-43d1-afbb-095f820eafd4

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## Summary

The public procurement contract titled "Con_27598 Insolvency & Restructuring Panel" was initiated by the Department for Education to address the needs of financially distressed further education colleges by providing necessary restructuring and insolvency support. The procurement falls within the Accounting and Auditing Services category and covers multiple UK regions, including North East, North West, and London, among others. The contract, with a total value of £1,457,143, was awarded on 7th May 2025 to PricewaterhouseCoopers LLP, following a selective procurement method through a call-off from a framework agreement. The contractual period commenced on 14th April 2025 and is set to conclude on 30th April 2028. The process was in the Award stage at the time of documentation.

This tender presents significant opportunities for growth within the professional services sector, particularly for firms specialising in accounting, auditing, and financial restructuring. The structured panel sought is crucial for managing insolvency and restructuring processes, offering substantial work through nationwide engagements across numerous regions. Ideal contenders for similar future opportunities would include small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs), both of which have been specifically deemed suitable for this tender type. Engaging in such contracts can enhance the presence and experience of firms in public sector financial restructuring services.

## 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/5db8aa9c-c988-4101-a093-0ed9a1fb7d6e |
| 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 | 6 May 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 | PRICEWATERHOUSECOOPERS |

## 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 14:12 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/5db8aa9c-c988-4101-a093-0ed9a1fb7d6e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/5db8aa9c-c988-4101-a093-0ed9a1fb7d6e
  9th May 2025 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/f6eb2739-9291-4f0f-83d5-5b03f5812c3d
  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-b5fd17-9557fb1e-141f-43d1-afbb-095f820eafd4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9557fb1e-141f-43d1-afbb-095f820eafd4.json.