---
title: "Advanced Manufacturing- Restructuring and Insolvency Services"
ocid: "ocds-b5fd17-fe3553f4-85ec-43a5-846e-44625a679d6d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-fe3553f4-85ec-43a5-846e-44625a679d6d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-fe3553f4-85ec-43a5-846e-44625a679d6d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-fe3553f4-85ec-43a5-846e-44625a679d6d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY"
published: "2022-11-02"
---

# Advanced Manufacturing- Restructuring and Insolvency Services

Buyer: DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY  
Current stage: Award  
OCID: ocds-b5fd17-fe3553f4-85ec-43a5-846e-44625a679d6d

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## Summary

The Department for Business, Energy & Industrial Strategy in London has awarded a contract for Accounting, auditing, and fiscal services titled "Advanced Manufacturing- Restructuring and Insolvency Services" to FRP Advisory. The procurement process used a selective method and was a call-off from a framework agreement. The contract, valued at £57,000 GBP, had a tender period ending on 16th September 2022 and a contract period from 17th September 2022 to 14th October 2022.

This tender from the Department for Business, Energy & Industrial Strategy presents opportunities for businesses in the accounting and auditing services sector. Small and medium enterprises (SMEs) are particularly suitable to compete for this contract. Businesses interested in providing these services in London, United Kingdom, could explore potential growth by engaging with the Department for Business, Energy & Industrial Strategy for similar opportunities in the future.

## Notice

A short report to be delivered to BEIS Automotive team by 5pm Friday 23rd September 2022. Report to include: - A high-level assessment of each of the options provided to the company by their own advisors -A review of updated financial information provided by the company (and their advisors) including the 13 week cash flow forecast to assess the options/levers available to minimise cost and overall funding to a potential sale; - A commentary on the conditions that could be attached to any funding/loan to the company including ways in which the facility can be structured to minimise cash leakage; - Review and comment on a potential option associated with HMG acquiring the site for a deferred consideration and leasing the site back to the company. -To comment on any other feasible options available to the company above and beyond the options considered above. To review and comment on the first draft of the terms sheet being prepared by BEIS

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/45d0180c-1239-4e69-9112-83428aa88198 |
| 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 |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Nov 2022 |
| Submission deadline | 16 Sep 2022 |
| Future notice date | Not specified |
| Award date | 16 Sep 2022 |
| Contract period | 16 Sep 2022 - 14 Oct 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £57,000 |
| Lots value | Not specified |
| Awards value | £57,000 |
| 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 BUSINESS, ENERGY & INDUSTRIAL STRATEGY |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1H 0ET |
| 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 | TLI London |

## Supplier

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

## CPV Codes

### Divisions

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

### Codes

- 79200000 - Accounting, auditing and fiscal services

## Release History

- 2 Nov 2022 at 09:43 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/45d0180c-1239-4e69-9112-83428aa88198

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/45d0180c-1239-4e69-9112-83428aa88198
  2nd November 2022 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/3c7e0e6c-e307-4023-a77d-702736a34ab4
  n/a

## 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-fe3553f4-85ec-43a5-846e-44625a679d6d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-fe3553f4-85ec-43a5-846e-44625a679d6d.json.