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| Source: | Contracts Finder |
| Notice Type: | Award notice |
| Buyer: | Pension Protection Fund |
| Main Category: | Services |
| Procurement Method: | Open procedure (above threshold) |
| Tender Status: | Closed |
Pipeline status
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Application Deadline
4 November 2024
Closed
Estimated Value
£2,400,000
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| £2,400,000 |
| Release Date: | 3 June 2025 |
| Application Deadline: | 4 November 2024 |
| Contract Start Date: | 31 March 2025 |
| Contract End Date: | 31 March 2027 |
| Contract Duration: | 2.0 years |
| Procurement ID (OCID): | ocds-b5fd17-67c06ae8-830e-4f3d-a74e-2b67bac36b4f |
| Notice Reference: | fc218f8d-c9f1-46a0-8d4b-9fda2702c2d9-847998 |
All 2 notices for this procurement, oldest first.
Restructuring & Pre-Insolvency Services (RPIS) Framework
Restructuring and Pre-Insolvency Services (RPIS) Framework
Earlier notices predate the Procurement Act 2023 (commenced 24 Feb 2025) and therefore don't carry UK1–UK17 codes.
View Original Notice
Access the full notice on the official portal
Awarded to (11 suppliers)
| Award value: | £2,400,000 |
| Award decision date: | 8 April 2025 |
| Award status: | Active |
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).
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