Awarded contract

Published

Market Oversight Accountancy Panel

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Value

832,500 GBP

Current supplier

Teneo Financial Advisory Limited

Description

In order to fulfil its statutory duties to assess the financial sustainability of care providers subject to the Market Oversight Scheme the Market Oversight team may need to engage third party accountants with expertise in areas outside the expertise of the CQC in house accountants (such as commercial restructuring, international commercial, insolvency or leasing). The purpose of the procurement is to establish a Market Oversight accountancy services panel who may be requested to provide external accountancy expertise. This procurement was undertaken through the CCS Restructuring & Insolvency Services (RM6269), Lot 1, following the Further Competition process. The Contract is awarded for an initial period of 19 months with an option to extend for up to 24 months. Total Awarded Value is maximum of all charges including all optional contract extensions. Contract Reference: CQC ASC 003

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