---
title: "Restructuring and Pre-Insolvency Services (RPIS) Framework"
ocid: "ocds-h6vhtk-04a428"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04a428"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04a428.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04a428.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "THE PENSION PROTECTION FUND"
published: "2025-06-04"
---

# Restructuring and Pre-Insolvency Services (RPIS) Framework

Buyer: THE PENSION PROTECTION FUND  
Current stage: Award  
OCID: ocds-h6vhtk-04a428

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## Summary

The Pension Protection Fund, based in Croydon, United Kingdom, is actively managing procurement processes for the "Restructuring and Pre-Insolvency Services (RPIS) Framework," focusing on pension services. The procurement aligns with the economic affairs sector and involves services related to corporate restructuring and insolvency proceedings. This activity is part of a completed open procurement method initiated in 2024, progressing from the tender stage to the award, with contracts signed on 1st April 2025. The framework included multiple suppliers and was structured under the CPV classification 66520000. The procurement allowed for an extension possibility of up to four years, incorporating a 2+1+1 option on the initial two-year term.

This framework provides substantial opportunities for business growth in the financial and advisory sector. Companies specialising in financial evaluations, restructuring options, and insolvency advisory services have the chance to support pension scheme trustees in monitoring employer covenants effectively. The procurement is particularly beneficial for large-scale firms that offer comprehensive services, including BDO LLP and Grant Thornton UK Advisory & Tax LLP, among others. By participating in such frameworks, businesses can extend their client base and service offerings in a high-value, public interest domain, positioning themselves as pivotal players in the management of pension funds and associated financial advisory services.

## Notice

The scope of services provided under this framework relates to when scheme employers are undergoing corporate restructuring, particularly where this involves insolvency proceedings. These arrangements can have long-term repercussions for schemes' employer covenant and funding, and this panel will ensure that trustees access the expertise needed to protect schemes' interests and maximise the likelihood of delivering a viable employer and scheme at the end of the process.

### Lot Information

Lot 1

Services include: - Evaluating employer financial strength - Assessing options to include both solvent/consensual restructuring options as well as relevant formal insolvency processes - Advising scheme trustees on appropriate and proportionate ongoing monitoring of the sponsor covenant

Options: Options to extend framework agreement by up to two periods on one year each (2+1+1).

Renewal: The Framework Agreements will be awarded for an initial period of two (2) years. The Framework Agreement may be extended on the same terms and conditions at the Board's option for a further period or periods not exceeding four (4) years in total (2+1+1).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/029867-2025 |
| Notice type | Tender Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Jun 2025 |
| Submission deadline | 4 Nov 2024 |
| Future notice date | Not specified |
| Award date | 31 Mar 2025 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,000,000 |
| Lots value | £2,000,000 |
| Awards value | Not specified |
| Contracts value | £2,640,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THE PENSION PROTECTION FUND |
| Additional buyers | THE BOARD OF THE PENSION PROTECTION FUND |
| Locality | CROYDON |
| Post town | Croydon |
| Postcode | CR0 2NA |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI6 Outer London - South |
| ITL 3 | TLI62 Croydon |
| Local authority | Croydon |
| Electoral ward | Fairfield |
| Westminster constituency | Croydon West |
| Delivery location | TLI62 Croydon |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 11 |
| Supplier names | BDO; EVELYN PARTNERS; GRANT THORNTON UK ADVISORY & TAX; INTERPATH; ISIO GROUP; LANE CLARK & PEACOCK; MENZIES; MERCER; PWC; RSM UK RESTRUCTURING ADVISORY; TENEO FINANCIAL ADVISORY |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66520000 - Pension services

## Release History

- 4 Jun 2025 at 11:58 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/029867-2025
- 30 Sep 2024 at 12:33 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/031189-2024

## Notice URLs

- http://www.ppf.co.uk
- https://ppf.bravosolution.co.uk/web/login.html

## 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-04a428. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04a428.json.