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Restructuring and Insolvency

The Minister for the Cabinet Office acting through Crown Commercial Service

Awarded
services
Framework agreement

This tender has closed

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Key details

Region
Liverpool
Delivery: United Kingdom
Contract value
£120,000,000ex VAT
Submissions closed
Not stated by buyer
Published
25 February 2022

Procurement

Procedure type
Open procedure
CPV classifications
  • 66171000 Financial consultancy services
  • 66000000 Financial and insurance services
  • 66121000 Mergers and acquisition services
  • 66122000 Corporate finance and venture capital services
  • 71241000 Feasibility study, advisory service, analysis
  • 72221000 Business analysis consultancy services
  • 75130000 Supporting services for the government
  • 75131000 Government services
  • 79412000 Financial management consultancy services
  • 79419000 Evaluation consultancy services

What happened

The Minister for the Cabinet Office acting through Crown Commercial Service awarded this contract to TENEO FINANCIAL ADVISORY LIMITED worth £120,000,000 on 8 Feb 2022.

Description

RM6269 - Restructuring and Insolvency is a framework agreement for the Provision of objective advice in relation to corporate restructuring and insolvency. It is available for use by UK public sector bodies and future successor organisations, which includes Central Government Departments and their arm’s length bodies and agencies, the wider public sector and third sector including, but not limited to, local government, health, education, police, fire and rescue, housing associations and charities. This framework agreement is a new offering from CCS and it is intended that this commercial agreement will be the recommended vehicle for all restructuring and insolvency services required by UK Central Government Departments.

Services will be delivered primarily within the United Kingdom, with some limited requirements overseas.

Awarded supplier

Supplier
TENEO FINANCIAL ADVISORY LIMITED
Award value
£120,000,000
Award date
8 February 2022

Contact

Address
9th Floor, The Capital, Old Hall Street, Liverpool, L3 9PP

Identifiers

Buyer reference
RM6269
Notice ID
005349-2022
OCID
ocds-h6vhtk-02b409

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External ID: fts-ocds-h6vhtk-02b409 • Added 20 August 2026