Award of Resolution Procurement Framework Agreement 2023 by Bank of England
BANK OF ENGLAND · Awarded contract
AwardedAward of Resolution Procurement Framework Agreement 2023 by Bank of England
Awarded 14 Sep 2023
Awarded14 Sep 2023
Value£20,000,000.00
AgencyBANK OF ENGLAND
RegionUnited Kingdom
CategoryConsultancy & Legal
Expires in 6mo3y 8mo term, 86% elapsed
Awarded 14 Sept 2023Expires 13 May 2027
About
Bank of England awarded a contract to KROLL (U.K.) LIMITED, Alantra Corporate Finance LLP, PRICEWATERHOUSECOOPERS LLP, Reply Limited, North Highland UK Ltd, FTI CONSULTING SERVICES LTD, ACCENTURE (UK) LIMITED, Evelyn Partners LLP, and ERNST & YOUNG L for the re-tender of its Resolution Procurement Framework (RPF).
The 4-year framework agreement, valued at AUD 20,000,000, is split across five 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 also seek advisory support to deliver a resolution (e.g.
resolution valuations or insolvency practitioner support).
This framework has been awarded on a non-exclusive and no commitment basis, therefore the Bank is not committed to spending the full framework value and payment is only made as and when requirements arise and are awarded to suppliers.
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Award of Resolution Procurement Framework Agreement 2023 by Bank of England
Won by KROLL (U.K.) LIMITED,Alantra Corporate Finance LLP,PRICEWATERHOUSECOOPERS LLP,Reply Limited,North Highland UK Ltd,FTI CONSULTING SERVICES LTD,ACCENTURE (UK) LIMITED,Evelyn Partners LLP,ERNST & YOUNG LIMITED,OLIVER WYMAN CONSULTING LTD,GRANT THORNTON LIMITED,Bdo Llp,TENEO (UK) LIMITED,MAZARS LIMITED,Alvarez & Marsal LLP,ALIXPARTNERS LTD,FRP Advisory Group PLC,Interpath Ltd,Deloitte LLP · BANK OF ENGLAND
£20.0Mawarded
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