Resolution Procurement Framework 2023
This is a contract result notice, not an open opportunity. Details from the official award data.
The procurement contact named on the official notice.
The Bank of England ('the Bank') conducted an open tender procedure for the re-tender of its Resolution Procurement Framework ("RPF") and has awarded 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 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.
What the supplier must deliver
Resolution delivery support
Resolution delivery support.
The RPF is the Bank's framework
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
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
The Bank may also seek advisory support to deliver a resolution (e.g. resolution valuations or insolvency practitioner support).
Derived from the notice text — always confirm against the original documents.
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- OCID
- ocds-h6vhtk-03a6a6
- Stage
- award · Awarded
- Source
- Find a Tender
- Buyer ref
- 037125-2024
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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