RM3786 Call-off Insolvency

Department for EducationcontractContracts FinderRef tender_260616/1000728SME suitablecomplete
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Estimated value

£3.3m

Awarded value

£3.3m

Awarded 19 Sept 2021

Suppliers

1

Lots

1

1 awarded

Published

29 Sept 2021

Deadline 15 Jul 2021

Description

n order to support PMO's broad range of work and particularly in the assessment of a broad range of financially distressed Education Providers , we are procuring the following services: Legal services and advice for restructuring and insolvency, such as the appointment of an Education Administrator and advice in the run up to and during an Education Administration (or normal insolvency procedure defined in the IA). There also may be a requirement for legal advice during an IBR and any other supplementary activity, whilst the options for intervention or insolvency are recommended to the Appropriate National Authority, defined as the Secretary of State or Welsh Ministers by s5 of TEFA 2017, hereafter referred to as ANA. Linked to the above or separately, debt advice for restructuring existing loans and/or grants may also be required. Legal services and advice for CF&I, such as urgent legal advice during ongoing investigations and enforcement action. This will include advice in the event of legal challenge, assessment of relevant potential contractual action and strategic options depending on individual case factors. This will also include provision of advice on enforcement actions requiring specific specialism such as insolvency litigation and may include consideration of civil recovery options. Audit and Assurance Legal services and advice for Audit and Assurance activity, such as urgent legal advice during ongoing audits and provision of advice on funding error recovery action. This will include a legal assessment on likelihood of legal challenge and advice in the event of legal challenge. This could include advice on Freedom of Information and GDPR provision.

Scope

Reference
tender_260616/1000728
Total value
£3,342,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
12 Sept 2021 to 11 Sept 2022
CPV classifications
80000000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
15 Jul 2021, 10:59 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£3.3m

Award date

19 Sept 2021

Contract start

12 Sept 2021

Contract end

11 Sept 2022