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RM3786 Call-off Insolvency

Closed

Submission Deadline Has Passed

This tender's submission deadline has passed and is no longer accepting applications. The information below is kept for reference purposes.

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Deadline
Expired
September 01, 2021
Contract Details
Category
Restricted Procedure
Reference
024263-2021
Value
£3,342,000
Location
United Kingdom
Published
April 12, 2026
CPV Code
Project Timeline

Tender Published

September 29, 2021

Deadline for Questions

August 25, 2021

Submission Deadline

September 01, 2021

Budget
£3,342,000
Duration
Not specified
Location
United Kingdom
Type
Restricted Procedure

Original Tender 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.

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Basic Requirements

  • Company registration in EU required
  • Proven track record in similar projects
  • Financial stability documentation

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