---
title: "Contingency Planning for Multi Firm Failure"
ocid: "ocds-b5fd17-d2579bad-b5ac-4c46-bc55-64c89665cf05"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d2579bad-b5ac-4c46-bc55-64c89665cf05"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d2579bad-b5ac-4c46-bc55-64c89665cf05.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-d2579bad-b5ac-4c46-bc55-64c89665cf05.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FINANCIAL CONDUCT AUTHORITY"
published: "2024-12-20"
---

# Contingency Planning for Multi Firm Failure

Buyer: FINANCIAL CONDUCT AUTHORITY  
Current stage: Award  
OCID: ocds-b5fd17-d2579bad-b5ac-4c46-bc55-64c89665cf05

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-d2579bad-b5ac-4c46-bc55-64c89665cf05)  
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## Summary

The Financial Conduct Authority has concluded a procurement process titled "Contingency Planning for Multi Firm Failure," falling under the industry category of business and management consultancy services. The procurement, valued at £146,059.2, was conducted using a selective method through a call-off from a framework agreement. This process, which falls under the "services" category, specifies that the contract will be fulfilled within the London region of the United Kingdom from 12th December 2024 to 3rd September 2025. The award was finalised on 13th September 2023, with key documentation published on 20th December 2024.

This tender presents significant opportunities for businesses specialising in consultancy services, particularly those with expertise in financial resolution and insolvency. The awarded contract to Grant Thornton LLP underscores the importance of possessing a strong background in managing multi-firm failure crises. While SMEs and VCSEs were not deemed suitable for this contract, larger consultancy firms with the required skills and experience in financial management and crisis resolution may find similar future opportunities promising for expanding their market presence and demonstrating their capabilities to high-profile clients such as the Financial Conduct Authority.

## Notice

Provision of specialists to assist the Resolution & Insolvency team in a multi firm failure event.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/489b3d7f-4a4c-4afa-9303-f5fe53431dc3 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Dec 2024 |
| Submission deadline | 10 Aug 2023 |
| Future notice date | Not specified |
| Award date | 12 Sep 2023 |
| Contract period | 12 Dec 2024 - 3 Sep 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £146,059 |
| Lots value | Not specified |
| Awards value | £146,059 |
| 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 | FINANCIAL CONDUCT AUTHORITY |
| Locality | LONDON |
| Post town | East London |
| Postcode | E20 1JN |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Newham |
| Electoral ward | Stratford Olympic Park |
| Westminster constituency | Stratford and Bow |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | GRANT THORNTON |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 20 Dec 2024 at 14:03 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/489b3d7f-4a4c-4afa-9303-f5fe53431dc3

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/489b3d7f-4a4c-4afa-9303-f5fe53431dc3
  20th December 2024 - Awarded contract notice on Contracts Finder

## 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-d2579bad-b5ac-4c46-bc55-64c89665cf05. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-d2579bad-b5ac-4c46-bc55-64c89665cf05.json.