RFP QuestBeta
Awarded · ResultStage · award

BANK OF ENGLAND

Resolution Procurement Framework 2023

Business ServicesCPV 79400000
ValueValue not published
Awarded
Published18 Nov 2024
RegionNationwide
Outcome — awarded
Accenture (UK) Limited

This is a contract result notice, not an open opportunity. Details from the official award data.

Who to contact
corporate.contracts@bankofengland.co.uk

The procurement contact named on the official notice.

The brief

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.

Key requirements

What the supplier must deliver

01

Resolution delivery support

Resolution delivery support.

02

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.

03

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).

04

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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Source & provenance
OCID
ocds-h6vhtk-03a6a6
Stage
award · Awarded
Source
Find a Tender
Buyer ref
037125-2024
View the original notice on Find a Tender

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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