--- title: "RPF2024 (Supplier Engagement)" ocid: "ocds-h6vhtk-039242" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-039242" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-039242.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-039242.json" source: "Find A Tender Service" current_stage: "Planning" buyer: "BANK OF ENGLAND" published: "2022-12-19" --- # RPF2024 (Supplier Engagement) Buyer: BANK OF ENGLAND Current stage: Planning OCID: ocds-h6vhtk-039242 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-039242) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-039242.json) ## Summary The Bank of England is planning to conduct an open tender procedure in 2023 for the re-tender of its Resolution Advisory Services Framework Agreement (RPF2024) split into five lots: Financial advice and valuation analysis, Restructuring and insolvency, Corporate financial advisory, Operational review and analysis, and Resolution delivery support. The Bank may seek advisory support for resolution planning work under the Resolvability Assessment Framework (RAF) and to ensure firms have capabilities for a resolution. The estimated contract value is £20 million GBP, with a market engagement event planned for W/C 23 January 2023, and a future notice date set for 13 February 2023. The Bank of England, based in London, is the buying organisation governing by public law. This upcoming tender by the Bank of England for the Resolution Advisory Services Framework Agreement presents a significant business opportunity for firms providing business and management consultancy services. Businesses specialising in financial advice, restructuring, corporate financial advisory, operational review, and resolution support are well-suited to compete. Interested suppliers can register their interest via the Bank's eTendering portal to participate in the market engagement event and potentially secure a non-exclusive framework agreement with the Bank. The procurement stage is in the planning phase, offering businesses time to prepare their bids before the formal tender process commences in 2023. ## Notice The Bank of England ('the Bank') is looking to conduct an open tender procedure in 2023 for the re-tender of its Resolution Advisory Services Framework Agreement ("RPF2024") and is planning to tender for a 4-year framework agreement split across the following 5 lots: - Lot 1 - Financial advice and valuation analysis; - Lot 2 - Restructuring and insolvency; - Lot 3 - Corporate financial advisory; - Lot 4 - Operational review and analysis; and - Lot 5 - Resolution delivery support. The RPF is the Bank's framework to appoint advisors to support work on resolution planning in business as usual and where a regulated entity is under stress. The Bank may seek advisory support for work to ensure that firms have adequate capabilities to deliver a resolution under the Resolvability Assessment Framework (RAF). The Bank may seek advisory support to deliver a resolution (e.g. resolution valuations or insolvency practitioner support). The RPF represents the outcome of an initial competition to pre-select an appropriate panel of Advisors for the aforementioned work. ### Lot Information Please see "Short Description" for Lot information. This PIN is intended to obtain expressions of interest from market suppliers in relation to the described services. The Bank would like to invite interested suppliers to participate in an upcoming market engagement event (taking place in W/C 23 January 2023). In order to register your interest for this opportunity, and participate in the event, please contact the Bank's procurement team via the dialogue functionality on the Bank's eTendering portal Proactis. https://supplierlive.proactisp2p.com/Account/Login Further information relating to the services and the planned event will be shared with those suppliers who register their interest to the Bank's procurement team. Please note: this framework agreement would be awarded on a non-exclusive and non-commitment basis and the estimated contract value is only payable for services called upon by the Bank throughout the life of the framework. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/035785-2022 | | Notice type | Planning Notice | | Procurement type | Framework | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 19 Dec 2022 | | Submission deadline | Not specified | | Future notice date | 13 Feb 2023 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £20,000,000 | | Lots value | £20,000,000 | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planned | | Lots status | Planned | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | BANK OF ENGLAND | | Locality | LONDON | | Post town | Central London | | Postcode | EC2R 8AH | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | City of London | | Electoral ward | Walbrook | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79400000 - Business and management consultancy and related services ## Release History - 19 Dec 2022 at 09:47 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/035785-2022 ## Notice URLs - https://supplierlive.proactisp2p.com/Account/Login - https://www.bankofengland.co.uk/ ## 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-h6vhtk-039242. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-039242.json.