Contract award · 14 Apr 2025

Con_27595 Insolvency & Restructuring Panel

Department For Education awarded “Con_27595 Insolvency & Restructuring Panel” to Evelyn Partners LLP for £1.46m on 14 Apr 2025.

Business servicesLondon

Value £1.46m
WinnerEvelyn Partners LLP SME

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
Department For Education · Body governed by public law
Value
£1,457,143
Procedure
Call-off from a framework agreement
Sector
Business services · Accounting and auditing services (CPV 79210000)
Region
London
Timeline
  1. Contract date14 Apr 2025
  2. Published9 May 2025Published 25 days after the contract date

Description

To support the implementation of the FE insolvency regime and its underlying legislation, TFEA, which received royal ascent in 2017, infrastructure is required to allow financially distressed colleges to be assessed and, if necessary, managed through restructuring / insolvency. Accordingly, a professional services panel is required as part of this infrastructure. The panel will also be available for other financially distressed providers which may require restructuring or managed through an insolvency process.

About the supplier

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