Restructuring and Pre-Insolvency Services (RPIS) Framework
A Contract Award Notice
by THE PENSION PROTECTION FUND
- Source
- Find a Tender
- Type
- Framework (Services)
- Duration
- not specified
- Value
- £240K-£2M
- Sector
- BUSINESS
- Published
- 04 Jun 2025
- Delivery
- not specified
- Deadline
- n/a
Related Terms
Location
1 buyer
- Pension Protection Fund Croydon
11 suppliers
- BDO London
- Evelyn Partners London
- Grant Thornton UK Advisory & Tax London
- Interpath London
- Isio Group London
- Lane Clark & Peacock London
- Menzies London
- Mercer London
- PWC London
- RSM UK Restructuring Advisory London
- Teneo Financial Advisory London
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.
Total Quantity or Scope
Services include: - Evaluating employer financial strength - Assessing options to include both solvent/consensual restructuring options as well as relevant formal insolvency processes - Advising scheme trustees on appropriate and proportionate ongoing monitoring of the sponsor covenant
Award Detail
| 1 | BDO (London)
|
| 2 | Evelyn Partners (London)
|
| 3 | Grant Thornton UK Advisory & Tax (London)
|
| 4 | Interpath (London)
|
| 5 | Isio Group (London)
|
| 6 | Lane Clark & Peacock (London)
|
| 7 | Menzies (London)
|
| 8 | Mercer (London)
|
| 9 | PWC (London)
|
| 10 | RSM UK Restructuring Advisory (London)
|
| 11 | Teneo Financial Advisory (London)
|
Renewal Options
Options to extend framework agreement by up to two periods on one year each (2+1+1).
Award Criteria
| Service | 50% |
| Quality | 40% |
| Social Value | 10% |
| price | 100% |
CPV Codes
- 66520000 - Pension services
Indicators
- Options are available.
Other Information
** PREVIEW NOTICE, please check Find a Tender for full details. **
Reference
- ocds-h6vhtk-04a428
- FTS 029867-2025