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A dedicated project team in the Department for Education is supporting this rebrokerage and closure project. The Department is seeking to secure external financial and insolvency expertise to provide additional capacity to the Trust for the rebrokering of all of its academies and the closure of the Trust and to support the Department to facilitate this. This support is required to start with immediate effect. The project requires committed and significant resource to allow a smooth closure of the Trust.
The Department invites bids for professional resource from the ConsultancyOne Framework RM1502 Lot 4.1 Corporate Finance and Financial Strategy. It is essential that the resource has accounting and insolvency practitioner experience and an understanding of education funding in order to provide financial oversight and expertise on a high profile project. The project will focus on providing hands on practical support as well as specialist advice to the Department, together with supporting the Trust.
The project should deliver:
i. Financial information to support the closure process, including the re brokering of the trust's 21 academies and the wind up of the trust ii. Highlight of areas of potential short-term risk and provide advice regarding mitigations iii. Robust advice and recommendations to the Department, including advice on insolvency iv. Regular reporting to the Department
The right supplier will be able to quickly develop an understanding of the Department's requirements and the needs of the academy trust.
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| Deloitte LLP | OC303675 | £198,570 | DONOR£617K across 13 donations To: Labour Party, Conservative and Unionist Party, Liberal Democrats MP LINK |
Government spending data: This supplier has received £2,101,393,223 in 9,867 payments (over £25k) from Home Office, Department of Health and Social Care, Department for Transport, Ministry of Defence, HMRC and 61 more public bodies (2010-04-09 to 2026-08-21). View full payment history →