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One or more suppliers on this contract have also made political donations. See supplier details below.
The aim is to establish a timely, efficient and effective mechanism to conduct a range of urgent due diligence on companies in difficulty to inform decision making.
Due diligence assignments will encompass a wide range of activities including financial analysis, market information and risk assessment to inform the viability of companies facing challenges and assess the likelihood of successful outcome.
Six suppliers are appointed to the framework.
The estimated value of the Framework provides for the initial three years plus one potential extension year.
| Supplier | Identifier | Award Value | Lots Won | Cross-References |
|---|---|---|---|---|
| Ernst & Young LLP (EY) | OC300001 | ~£32,000,000 estimated from lot values | 1 lot Lot 1 | DONOR£493K across 25 donations To: Labour Party, Conservative and Unionist Party |
| FRP Advisory | 12315862 | ~£32,000,000 estimated from lot values | 1 lot Lot 1 | - |
| Interpath Advisory | 13533820 | ~£32,000,000 estimated from lot values | 1 lot Lot 1 | - |
| McKinsey & Company | - | ~£32,000,000 estimated from lot values | 1 lot Lot 1 | - |
| PwC | - | ~£32,000,000 estimated from lot values | 1 lot Lot 1 | - |
| Teneo Restructuring Limited | 13192958 | ~£32,000,000 estimated from lot values | 1 lot Lot 1 | - |
This procurement was divided into 1 lots, each awarded separately. 11 bids were received in total.
| Lot | Value | Bids Received | Awarded To | Status |
|---|---|---|---|---|
| Lot 1 1,080 days (≈3 yrs) | £32,000,000 | 11 | Teneo Restructuring Limited FRP Advisory Ernst & Young LLP (EY) McKinsey & Company Interpath Advisory PwC | complete |
Weightings from the notice.
Government spending data: These suppliers have received £884,094,898 in 7,088 payments (over £25k) from Department for Transport, Metropolitan Police, HMRC, Cabinet Office, Ministry of Defence and 68 more public bodies (2010-04-14 to 2026-08-25).
Changes the buyer published to this notice after it first appeared.
The date of 25th November was incorrect - this has been corrected to Friday 26th November 2021 as per the Invitation to Tender documentation
Published by the buyer on this notice. Check the original notice — details change and are not updated here.