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PROCUREMENT OPPORTUNITY

Restructuring and Pre-Insolvency Services (RPIS) Framework

The Pension Protection Fund · compiled

Tender information last checkedLast checked 29 Sept 2026, 19:52.

Opportunity overview

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.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

BDO LLP

Matched by exact name
Contract value
£2.4m
Awarded
Not supplied
Contract signed
31 Mar 2025
Award ID
029867-2025-1
Status
active
Location
London, UK, United Kingdom

RSM UK Restructuring Advisory LLP

Match pending…
Contract value
£240k
Awarded
Not supplied
Contract signed
31 Mar 2025
Award ID
029867-2025-10
Status
active
Location
London, UK, United Kingdom

Teneo Financial Advisory Limited

Matched by exact name
Contract value
£240k
Awarded
Not supplied
Contract signed
31 Mar 2025
Award ID
029867-2025-11
Status
active
Location
London, UK, United Kingdom

Evelyn Partners LLP

Match pending…
Contract value
£2.4m
Awarded
Not supplied
Contract signed
31 Mar 2025
Award ID
029867-2025-2
Status
active
Location
London, UK, United Kingdom

Grant Thornton UK Advisory & Tax LLP

Matched by exact name
Contract value
£2.4m
Awarded
Not supplied
Contract signed
31 Mar 2025
Award ID
029867-2025-3
Status
active
Location
London, UK, United Kingdom

Interpath Ltd

Match pending…
Contract value
£240k
Awarded
Not supplied
Contract signed
31 Mar 2025
Award ID
029867-2025-4
Status
active
Location
London, UK, United Kingdom

Isio Group Limited

Matched by exact name
Contract value
£240k
Awarded
Not supplied
Contract signed
31 Mar 2025
Award ID
029867-2025-5
Status
active
Location
London, UK, United Kingdom

Lane Clark & Peacock LLP

Matched by exact name
Contract value
£240k
Awarded
Not supplied
Contract signed
31 Mar 2025
Award ID
029867-2025-6
Status
active
Location
London, UK, United Kingdom

Menzies LLP

Matched by exact name
Contract value
£240k
Awarded
Not supplied
Contract signed
31 Mar 2025
Award ID
029867-2025-7
Status
active
Location
London, UK, United Kingdom

Mercer Limited

Matched by exact name
Contract value
£240k
Awarded
Not supplied
Contract signed
31 Mar 2025
Award ID
029867-2025-8
Status
active
Location
London, UK, United Kingdom

PWC LLP

Match pending…
Contract value
£240k
Awarded
Not supplied
Contract signed
31 Mar 2025
Award ID
029867-2025-9
Status
active
Location
London, UK, United Kingdom

Classification

  • CPV66520000 — Pension services

Lots

  • 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£2m

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
ocds-h6vhtk-04a428
Status
complete
Has Recurrence
No
Procurement Method
open
Main Procurement Category
services
Procurement Method Details
Open procedure

Covered By

GPA

Bid Opening

Date
4 Nov 2024, 13:00

Legal basis

Id
32014L0024
Scheme
CELEX

Techniques

Has Framework Agreement
Yes

Framework Agreement

Maximum Participants
10

Expected award period

Starts
4 Nov 2024, 13:00

Tender Period

Ends
4 Nov 2024, 13:00

Classification

Id
66520000
Scheme
CPV
Description
Pension services

Submission terms

Languages

en

Bid Validity Period

Duration In Days
180

Submission Method

electronicSubmission
written

Lots and requirements

Entry 1
Id
1
Status
cancelled
Has Options
Yes
Has Renewal
Yes
Description
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

Value

Amount
2,000,000
Currency
GBP

Options

Description
Options to extend framework agreement by up to two periods on one year each (2+1+1).

Renewal

Description
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).

Award criteria

Criteria

Criterion 1
Name
Service
Type
quality
Description
50%
Criterion 2
Name
Quality
Type
quality
Description
40%
Criterion 3
Name
Social Value
Type
quality
Description
10%
Criterion 4
Type
price
Description
100%

Contract period

Duration In Days
1,440

Submission terms

Variant Policy
notAllowed

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UK
Entry 2
Region
UKI62

Buyer, suppliers and contacts

Organisation 1
Id
GB-FTS-12304
Name
The Board of the Pension Protection Fund

Roles

buyer
reviewBody

Address

Region
UK
Locality
Croydon
Postal Code
CR0 2NA
Country Name
United Kingdom
Street Address
Renaissance, 12 Dingwall Road

Details

Classifications

Entry 1
Id
BODY_PUBLIC
Scheme
TED_CA_TYPE
Description
Body governed by public law
Entry 2
Id
04
Scheme
COFOG
Description
Economic affairs

Identifier

Legal Name
The Board of the Pension Protection Fund

Contact

Telephone
+44 8456002541
Organisation 2
Id
GB-FTS-8835
Name
The Board of the Pension Protection Fund

Roles

mediationBody

Address

Locality
Croydon
Country Name
United Kingdom

Identifier

Legal Name
The Board of the Pension Protection Fund

Contact

Organisation 3
Id
GB-FTS-138536
Name
The Pension Protection Fund

Roles

buyer

Address

Region
UK
Locality
Croydon
Postal Code
CR0 2NA
Country Name
United Kingdom
Street Address
Renaissance, 12 Dingwall Road

Details

Classifications

Entry 1
Id
BODY_PUBLIC
Scheme
TED_CA_TYPE
Description
Body governed by public law
Entry 2
Id
04
Scheme
COFOG
Description
Economic affairs

Identifier

Legal Name
The Pension Protection Fund

Contact

Telephone
+44 8456002541
Organisation 4
Id
GB-FTS-74839
Name
BDO LLP

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom

Details

Scale
large

Identifier

Legal Name
BDO LLP
Organisation 5
Id
GB-FTS-150173
Name
Evelyn Partners LLP

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom

Details

Scale
large

Identifier

Legal Name
Evelyn Partners LLP
Organisation 6
Id
GB-FTS-150174
Name
Grant Thornton UK Advisory & Tax LLP

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom

Details

Scale
large

Identifier

Legal Name
Grant Thornton UK Advisory & Tax LLP
Organisation 7
Id
GB-FTS-150175
Name
Interpath Ltd

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom

Details

Scale
large

Identifier

Legal Name
Interpath Ltd
Organisation 8
Id
GB-FTS-150176
Name
Isio Group Limited

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom

Details

Scale
large

Identifier

Legal Name
Isio Group Limited
Organisation 9
Id
GB-FTS-150177
Name
Lane Clark & Peacock LLP

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom

Details

Scale
large

Identifier

Legal Name
Lane Clark & Peacock LLP
Organisation 10
Id
GB-FTS-150178
Name
Menzies LLP

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom

Details

Scale
large

Identifier

Legal Name
Menzies LLP
Organisation 11
Id
GB-FTS-150179
Name
Mercer Limited

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom

Details

Scale
large

Identifier

Legal Name
Mercer Limited
Organisation 12
Id
GB-FTS-150180
Name
PWC LLP

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom

Details

Scale
large

Identifier

Legal Name
PWC LLP
Organisation 13
Id
GB-FTS-150181
Name
RSM UK Restructuring Advisory LLP

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom

Details

Scale
large

Identifier

Legal Name
RSM UK Restructuring Advisory LLP
Organisation 14
Id
GB-FTS-150182
Name
Teneo Financial Advisory Limited

Roles

supplier

Address

Region
UK
Locality
London
Country Name
United Kingdom

Details

Scale
large

Identifier

Legal Name
Teneo Financial Advisory Limited
Organisation 15
Id
GB-FTS-150183
Name
The Pension Protection Fund

Roles

reviewBody

Address

Locality
Croydon
Country Name
United Kingdom

Identifier

Legal Name
The Pension Protection Fund

Award information

Award 1
Id
029867-2025-1
Title
Restructuring and Pre-Insolvency Services Framework
Status
active

Suppliers

Supplier 1
Id
GB-FTS-74839
Name
BDO LLP

Related lots

1
Award 2
Id
029867-2025-2
Title
Restructuring and Pre-Insolvency Services Framework
Status
active

Suppliers

Supplier 1
Id
GB-FTS-150173
Name
Evelyn Partners LLP

Related lots

1
Award 3
Id
029867-2025-3
Title
Restructuring and Pre-Insolvency Services Framework
Status
active

Suppliers

Supplier 1
Id
GB-FTS-150174
Name
Grant Thornton UK Advisory & Tax LLP

Related lots

1
Award 4
Id
029867-2025-4
Title
Restructuring and Pre-Insolvency Services Framework
Status
active

Suppliers

Supplier 1
Id
GB-FTS-150175
Name
Interpath Ltd

Related lots

1
Award 5
Id
029867-2025-5
Title
Restructuring and Pre-Insolvency Services Framework
Status
active

Suppliers

Supplier 1
Id
GB-FTS-150176
Name
Isio Group Limited

Related lots

1
Award 6
Id
029867-2025-6
Title
Restructuring and Pre-Insolvency Services Framework
Status
active

Suppliers

Supplier 1
Id
GB-FTS-150177
Name
Lane Clark & Peacock LLP

Related lots

1
Award 7
Id
029867-2025-7
Title
Restructuring and Pre-Insolvency Services Framework
Status
active

Suppliers

Supplier 1
Id
GB-FTS-150178
Name
Menzies LLP

Related lots

1
Award 8
Id
029867-2025-8
Title
Restructuring and Pre-Insolvency Services Framework
Status
active

Suppliers

Supplier 1
Id
GB-FTS-150179
Name
Mercer Limited

Related lots

1
Award 9
Id
029867-2025-9
Title
Restructuring and Pre-Insolvency Services Framework
Status
active

Suppliers

Supplier 1
Id
GB-FTS-150180
Name
PWC LLP

Related lots

1
Award 10
Id
029867-2025-10
Title
Restructuring and Pre-Insolvency Services Framework
Status
active

Suppliers

Supplier 1
Id
GB-FTS-150181
Name
RSM UK Restructuring Advisory LLP

Related lots

1
Award 11
Id
029867-2025-11
Title
Restructuring and Pre-Insolvency Services Framework
Status
active

Suppliers

Supplier 1
Id
GB-FTS-150182
Name
Teneo Financial Advisory Limited

Related lots

1

Contracts and changes

Entry 1
Id
029867-2025-1
Title
Restructuring and Pre-Insolvency Services Framework
Status
active
Award ID
029867-2025-1
Date Signed
1 Apr 2025, 00:00

Value

Amount
2,400,000
Currency
GBP
Entry 2
Id
029867-2025-2
Title
Restructuring and Pre-Insolvency Services Framework
Status
active
Award ID
029867-2025-2
Date Signed
1 Apr 2025, 00:00

Value

Amount
2,400,000
Currency
GBP
Entry 3
Id
029867-2025-3
Title
Restructuring and Pre-Insolvency Services Framework
Status
active
Award ID
029867-2025-3
Date Signed
1 Apr 2025, 00:00

Value

Amount
2,400,000
Currency
GBP
Entry 4
Id
029867-2025-4
Title
Restructuring and Pre-Insolvency Services Framework
Status
active
Award ID
029867-2025-4
Date Signed
1 Apr 2025, 00:00

Value

Amount
240,000
Currency
GBP
Entry 5
Id
029867-2025-5
Title
Restructuring and Pre-Insolvency Services Framework
Status
active
Award ID
029867-2025-5
Date Signed
1 Apr 2025, 00:00

Value

Amount
240,000
Currency
GBP
Entry 6
Id
029867-2025-6
Title
Restructuring and Pre-Insolvency Services Framework
Status
active
Award ID
029867-2025-6
Date Signed
1 Apr 2025, 00:00

Value

Amount
240,000
Currency
GBP
Entry 7
Id
029867-2025-7
Title
Restructuring and Pre-Insolvency Services Framework
Status
active
Award ID
029867-2025-7
Date Signed
1 Apr 2025, 00:00

Value

Amount
240,000
Currency
GBP
Entry 8
Id
029867-2025-8
Title
Restructuring and Pre-Insolvency Services Framework
Status
active
Award ID
029867-2025-8
Date Signed
1 Apr 2025, 00:00

Value

Amount
240,000
Currency
GBP
Entry 9
Id
029867-2025-9
Title
Restructuring and Pre-Insolvency Services Framework
Status
active
Award ID
029867-2025-9
Date Signed
1 Apr 2025, 00:00

Value

Amount
240,000
Currency
GBP
Entry 10
Id
029867-2025-10
Title
Restructuring and Pre-Insolvency Services Framework
Status
active
Award ID
029867-2025-10
Date Signed
1 Apr 2025, 00:00

Value

Amount
240,000
Currency
GBP
Entry 11
Id
029867-2025-11
Title
Restructuring and Pre-Insolvency Services Framework
Status
active
Award ID
029867-2025-11
Date Signed
1 Apr 2025, 00:00

Value

Amount
240,000
Currency
GBP

Recorded locations

  • Buyer location · Croydon · UK · CR0 2NA · United Kingdom
  • Delivery location · UK
  • Delivery location · UKI62

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-04a428-2025-06-04T12:58:58+01:00compiled ·