Resolution Procurement Framework Agreement ("RPF2023")

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Description

The Bank of England ('the Bank') is looking to conduct an open tender procedure in 2023 for the re-tender of its Resolution Advisory Services Framework Agreement ("RPF2023") and is planning to tender for a 4-year framework agreement split across the following 5 lots: - Lot 1 - Financial advice and valuation analysis; - Lot 2 - Restructuring and insolvency; - Lot 3 - Corporate financial advisory; - Lot 4 - Operational review and analysis; and - Lot 5 - Resolution delivery support The RPF is the Bank's framework to appoint advisors to support work on resolution planning in business as usual and where a regulated entity is under stress. The Bank may seek advisory support for work to ensure that firms have adequate capabilities to deliver a resolution under the Resolvability Assessment Framework (RAF). The Bank may seek advisory support to deliver a resolution (e.g. resolution valuations or insolvency practitioner support). The RPF represents the outcome of an initial competition to pre-select an appropriate panel of advisors for the aforementioned work. The procurement documents are available for unrestricted and full direct access, free of charge, at https://supplierlive.proactisp2p.com/Account/Login

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