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Published 30 Sept 2024, 13:33 BST

Official UK procurement notice

Restructuring and Pre-Insolvency Services (RPIS) Framework

Official notice

Authority: Pension Protection Fund (Public body)·Consortium: 2 public authorities

Framework agreementServicesOpen procedure
Sectors: Financial and insurance services (66) Delivery: UKLondon (UKI62)
Framework ceiling (notional)£2,000,000framework ceiling, not attributable revenue
Submissions closed 4 Nov 2024awarded 1 Apr 2025

What is being bought

Published requirement description

The scope of services provided under this framework relates to when scheme employers are undergoing corporate restructuring, particularly where this involves insolvency proceedings. These arrangements can have long-term repercussions for schemes’ employer covenant and funding, and this panel will ensure that trustees access the expertise needed to protect schemes’ interests and maximise the likelihood of delivering a viable employer and scheme at the end of the process.

CPV: Pension services

How this framework works

From the published notice
Places
up to 10 suppliers · 11 bids received (1.1 per place) · 11 appointed (full)

The lotProcurement structure

single lot · value published
Lot #1Services include:AwardedRenewalPublished value£2,000,000

Services include:

  • Evaluating employer financial strength
  • Assessing options to include both solvent/consensual restructuring options as well as relevant formal insolvency processes
  • Advising scheme trustees on appropriate and proportionate ongoing monitoring of the sponsor covenant
Delivery: UK, London
Extensions: Options to extend framework agreement by up to two periods on one year each (2+1+1). · The Framework Agreements will be awarded for an initial period of two (2) years. The Framework Agreement may be extended on the same terms and conditions at the Board’s option for a further period or periods not exceeding four (4) years in total (2+1+1).Variant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 90Price: 100Social value: 10
Published sub-criteria (4)
  • Service: 50
  • Quality: 40
  • price: 100
  • Social Value: 10
Published award criteria (4)
  • Service: 50%
  • Quality: 40%
  • Social Value: 10%
  • Price: 100%
What this means for your bid
  • Price carries 100 of 200 points: a 10% discount moves about 10 points. This one is won on the number: sharpen the price before polishing the prose.
  • “Restructuring and Pre-Insolvency Services (RPIS) Framework” is a framework: the contest is a place on its panel, up to 10 suppliers, not a single contract.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Framework agreement
Who may use this agreement
Not stated in the notice; call-off rights may be limited to the establishing authority
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
30 Sept 2024, 13:33 BST
Last source update
4 Jun 2025, 12:58 BST
Award evaluation window
4 Nov 2024 – …
FTS notice number
2025/S 000-029867
Classification (CPV)
Pension services
Delivery area
UKLondon (UKI62)
Official registry OCID
ocds-h6vhtk-04a428 Find a Tender

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on JAGGAER
Supplier login requiredLanguage: EN
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
Appointment period ends
4 Nov 2024, 13:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bid validity
180 days from the deadline
Bids opened
4 Nov 2024, 13:00 GMT
Detailed submission instructions & authority contactsFrom official release

ppf.bravosolution.co.uk/web/login.html ↗

Timeline

4 Nov 2024 → 4 Jun 2025 · 3 dates
  1. Admission / appointment period endsperiod end, not a bid countdown
    4 Nov 2024, 13:00 GMT
  2. Bids opened
    4 Nov 2024, 13:00 GMT
  3. Notice published
    4 Jun 2025, 12:58 BST

Notice history

2 events · 2 releases on Find a Tender · since 4 Jun 2025
  1. Status changed to complete
    4 Jun 2025, 12:58 BST
  2. Buyer details updated
    4 Jun 2025, 12:58 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 11admitted to the panel · see the list ↓
Bids received 11
Contracts signed 11latest 1 Apr 2025

11 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.

Contracts

All 8 of these contracts carry the same published figure, £240,000, the framework's maximum for the whole notice, not each contract's own value. They are not eleven separate sums.

  • Restructuring and Pre-Insolvency Services Framework

    Signed
    1 Apr 2025
    Value
    £2,400,000
    Status
    active

  • Restructuring and Pre-Insolvency Services Framework

    Signed
    1 Apr 2025
    Value
    ceiling above
    Status
    active

  • Restructuring and Pre-Insolvency Services Framework

    Signed
    1 Apr 2025
    Value
    ceiling above
    Status
    active

  • Restructuring and Pre-Insolvency Services Framework

    Signed
    1 Apr 2025
    Value
    £2,400,000
    Status
    active

  • Restructuring and Pre-Insolvency Services Framework

    Signed
    1 Apr 2025
    Value
    £2,400,000
    Status
    active

  • Restructuring and Pre-Insolvency Services Framework

    Signed
    1 Apr 2025
    Value
    ceiling above
    Status
    active

  • Restructuring and Pre-Insolvency Services Framework

    Signed
    1 Apr 2025
    Value
    ceiling above
    Status
    active

  • Restructuring and Pre-Insolvency Services Framework

    Signed
    1 Apr 2025
    Value
    ceiling above
    Status
    active

  • Restructuring and Pre-Insolvency Services Framework

    Signed
    1 Apr 2025
    Value
    ceiling above
    Status
    active

  • Restructuring and Pre-Insolvency Services Framework

    Signed
    1 Apr 2025
    Value
    ceiling above
    Status
    active

  • Restructuring and Pre-Insolvency Services Framework

    Signed
    1 Apr 2025
    Value
    ceiling above
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
11bids———

Contracting authority & participating public bodies

2 public bodies on the notice

The Pension Protection Fund

Contracting authorityPublic bodyBody governed by public lawEconomic affairs Renaissance, 12 Dingwall Road, Croydon, UK, CR0 2NAContact email, phone

Consortium members and other public bodies

Framework contractors & participating bidders

11 commercial parties on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.