RM3786 Call-off Insolvency

A Contract Award Notice
by DEPARTMENT FOR EDUCATION

Source
Find a Tender
Type
Framework (Services)
Duration
not specified
Value
£3M
Sector
PROFESSIONAL
Published
29 Sep 2021
Delivery
not specified
Deadline
n/a

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 7 suppliers

1 buyer

7 suppliers

Description

In 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.

Award Detail

1 Burges Salmon (London)
  • Reference: 024263-2021-1
  • Value: £3,342,000 [share]
  • Awarded to group of suppliers.
2 Dentons Ukme (London)
  • Reference: 024263-2021-1
  • Value: £3,342,000 [share]
  • Awarded to group of suppliers.
3 Dla Piper (London)
  • Reference: 024263-2021-1
  • Value: £3,342,000 [share]
  • Awarded to group of suppliers.
4 Mills & Reeve (London)
  • Reference: 024263-2021-1
  • Value: £3,342,000 [share]
  • Awarded to group of suppliers.
5 Pinsent Masons (London)
  • Reference: 024263-2021-1
  • Value: £3,342,000 [share]
  • Awarded to group of suppliers.
6 TLT (Bristol)
  • Reference: 024263-2021-1
  • Value: £3,342,000 [share]
  • Awarded to group of suppliers.
7 Womble Bond Dickinson (Leeds)
  • Reference: 024263-2021-1
  • Value: £3,342,000 [share]
  • Awarded to group of suppliers.

Renewal Options

Contract is for 1 year with an option to extend for a further year

Award Criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents 0

CPV Codes

  • 80000000 - Education and training services

Indicators

  • Options are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains