Awarded contract

Special Manager Panel: Supporting the Official Receiver in complex Insolvencies

Details

Value
£500,000
Duration
3 years
Topic
Legal services
Published
30 January 2025

Tender description

The Official Receiver (OR), an employee of the Insolvency Service but acting independent from Government as a liquidator can in certain circumstances require the support of special managers to support with large scale liquidations/complex insolvencies. Often referred to as National Interest Cases (NIC), the Official Receiver requires to have in a place a NIC Panel of special managers to be available to support as required within these activities

Timeline

  1. Completed: Award date1 January 2025
  2. Completed: Award published30 January 2025
    Current notice
  3. Next: Contract expiry date31 December 2027in 14 months

About the buyer

The Insolvency Service is a central government executive agency, sponsored by the Department for Business and Trade. A Framework First policy makes cross-government frameworks the main sourcing route. Contracts are awarded by competition between suppliers unless there are compelling reasons why competition cannot be used.

Larger contracts appear in a commercial pipeline that looks 18 months ahead.

Over the past 5 years, most of The Insolvency Service's contract awards have been in business services, software and information systems and IT services.

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