Resolution Procurement Framework (RPF)
Bank of EnglandEstimated Value
Up to £20,000,000
Deadline
30 September 2019
Published
22 August 2019
Type
services
Overview
The Bank of England ("Bank") is the central bank of the United Kingdom. The Bank is committed to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
The Bank is the United Kingdom's resolution authority for banks, building societies, central counterparties and certain investment firms ("firms"). The special resolution regime (SRR), as defined through the provisions of the Banking Act 2009, is the process by which the authorities can intervene to manage the failure of a firm. The Bank is seeking framework suppliers to: • Provide those reports commissioned under s.83ZB of the Banking Act 2009, where those reports are contracted for directly by the Bank and not the individual firms; and • Provide other services as described further below to support the SRR objectives.
Regulations cited
- Banking Act 2009
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Likely incumbents
Suppliers who won similar work from this buyer in the last 5 years.
- 1
AXA PPP Healthcare Group Ltd
£115m
total awarded
- 2
Burges Salmon LLP
£3m
total awarded
- 3
Ashurst LLP
£3m
total awarded
- 4
Freshfields Bruckhaus Deringer LLP
£3m
total awarded
AXA PPP Healthcare Group Ltd is the most likely incumbent based on recency and category match. To win, bidders typically need a clearly differentiated proposition or a price advantage.
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Buyer Profile
BANK OF ENGLANDKey Dates
Published
22 August 2019
Submission deadline
30 September 2019
Notice type
tender
Source
contracts finder
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