Provision of Restructuring Services, Forensic Accounting, Investigation, Audit and Assurance
A Modification Notice
by DEPARTMENT FOR EDUCATION
- Source
- OJEU
- Type
- Contract (Services)
- Duration
- 2 year
- Value
- £53M
- Sector
- BUSINESS
- Published
- 11 Jun 2021
- Delivery
- 16 Apr 2021 to 15 Apr 2023
- Deadline
- n/a
Concepts
Location
London
2 buyers
- Department for Education London
9 suppliers
- Deloitte London
- Mazars London
- Grant Thornton London
- KPMG London
- Fti Consulting London
- FRP Advisory Trading London
- BDO London
- Ernst & Young London
- Azets Holdings Walsall
Description
The services to be provided under Lot 1 of the framework as further detailed in the specification including: (i) the provision of services to the Authority to support interventions and to implement the insolvency regime as intended in relation to Education Providers; (ii) putting in place the infrastructure required to allow financially distressed Education Providers to be assessed and, if necessary, managed through the appropriate restructuring process. This includes, but is not limited to, independent business reviews, education administration, insolvency services and any other supplementary activity.
Ammendments to Previous Notice
2. Contract value
GBP 52,949,874
Award Detail
1 | Deloitte (London)
|
2 | Mazars (London)
|
3 | Grant Thornton (London)
|
4 | KPMG (London)
|
5 | Fti Consulting (London)
|
6 | FRP Advisory Trading (London)
|
7 | BDO (London)
|
8 | Ernst & Young (London)
|
9 | Azets Holdings (Walsall)
|
CPV Codes
- 79200000 - Accounting, auditing and fiscal services
- 79210000 - Accounting and auditing services
Indicators
- Contract modified due to unforeseen circumstances.
Legal Justification
The organisation Teneo has undertaken the acquisition of Deloitte UK Restructuring business. The acquisition had not been undertaken at the time of the tender closing and the DfE could not have foreseen this acquisition.
Other Information
The Department for Education and its agencies and public bodies will be the customer. The Mayoral Combined Authorities (MCA) and the Greater London Authority (GLA) are also considered Contracting Bodies and may call off from the framework under Lot 3. The MCA's include: Cambridgeshire and Peterborough Greater Manchester Liverpool City Region North of Tyne Sheffield City Region Tees Valley West Midlands West of England No directly elected mayor North East Combined Authority West Yorkshire Combined Authority Additionally any Crown Body or any other body which substantially performs the functions that had previously been performed by a Contracting Body.
Reference
- OJEU 295687-2021