Competition with a shortlist
Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.
Key facts
- Buyer
- Department for Education · Ministry or any other national or federal authority, including their regional or local subdivisions
- Supplier
- Kroll Advisory Ltd
- Value
- £1,457,143
- Procedure
- Call-off from a framework agreement
- Sector
- Business services · Accounting and auditing services (CPV 79210000)
- Region
- London
- Official notice
- View on Contracts Finder
- Timeline
-
- Contract date14 Apr 2025
- 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
Kroll Advisory Ltd: every public contract they have won, plus their Companies House record (company 05568550).