Restructuring and Pre-Insolvency Services (RPIS) Framework

A Contract Award Notice
by PENSION PROTECTION FUND

Source
Contracts Finder
Type
Framework (Services)
Duration
2 year
Value
£2M
Sector
BUSINESS
Published
03 Jun 2025
Delivery
01 Apr 2025 to 31 Mar 2027
Deadline
04 Nov 2024 13:00

Concepts

Location

Geochart for 1 buyers and 11 suppliers

1 buyer

11 suppliers

Description

The scope of services provided under this framework relates to when scheme employers are undergoing corporate restructuring, particularly where this involves insolvency proceedings. These arrangements can have long-term repercussions for schemes' employer covenant and funding, and this panel will ensure that trustees access the expertise needed to protect schemes' interests and maximise the likelihood of delivering a viable employer and scheme at the end of the process. The estimated contract value includes the optional extension years (up to two periods on one year each).

Award Detail

1 BDO (London)
  • Value: £2,400,000
2 Evelyn Partners (London)
  • Value: £2,400,000
3 Grant Thornton UK Advisory & Tax (London)
  • Value: £2,400,000
4 Interpath (London)
  • Value: £2,400,000
5 Isio Group (London)
  • Value: £2,400,000
6 Lane Clark & Peacock (London)
  • Value: £2,400,000
7 Menzies (London)
  • Value: £2,400,000
8 Mercer (London)
  • Value: £2,400,000
9 PWC (London)
  • Value: £2,400,000
10 RSM UK Restructuring Advisory (London)
  • Value: £2,400,000
11 Teneo Financial Advisory (London)
  • Value: £2,400,000

CPV Codes

  • 66520000 - Pension services

Indicators

  • Contract is suitable for SMEs.

Reference

Domains