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Insolvency Service - Provision of Insolvency Services

Descriptions

The Insolvency Service is a branch within the Department for the Economy. The Official Receiver (OR) is a Civil Servant in the Insolvency Service within the Department and is also an Officer of the Court in his roles of Trustee in Bankruptcy and Liquidator in companies that have been wound up by the Court.

The Department for the Economy (the Buyer) is seeking to appoint two Suppliers for the provision of Insolvency Services to complete the administration of cases once the Official Receiver's statutory investigations have been completed.

When the Department for Economy identifies a piece of work, it will be offered to the Supplier ranked first.

The Supplier ranked second will be offered a commission in the event of;

(a) a conflict of interest for Supplier ranked first (this must be confirmed by email) or

(b) Supplier ranked first not having the capacity to deliver a project within the required timeframe.

The next work commission will again be offered to the Supplier ranked 1st even if they did not accept the previous assignment.

The Insolvency Service currently has approximately 100 cases to issue immediately and would expect to offer at least one batch of 10 cases per month which is likely to rise if case numbers continue to increase.

Timeline

Published Date :

12th Aug 2025 2 months ago

Deadline :

15th Sep 2025 1 month ago

Contract Start :

12th Oct 2025

Contract End :

12th Oct 2029

Keywords

accounting services

auditing services

financial auditing

bookkeeping support

financial statements preparation

accounts payable/receivable

internal audit services

ledger management

audit review services

financial compliance

general management consultancy

strategic management advice

leadership advisory

executive consulting

business strategy support

top-level consultancy

management process review

corporate governance advisory

financial management consultancy

finance strategy advice

budgeting consultancy

financial planning services

corporate finance advice

fiscal risk analysis

treasury management consulting

investment optimization

financial governance support

fund management advice

management-related services

organizational support

executive services

business support

operations coordination

administrative management

corporate services

general management consulting

governance support

managerial advisory

Tender Lot Details

2 Tender Lots

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Workflows

Status :

Closed

Procedure :

N/A

Suitable for SME :

N/A

Nationwide :

No

Assign to :

Tender Progress :

0%

Details

Notice Type :

Tender

Tender Identifier :

IT-378-246-T: 2024 - 001

Tenderbase ID :

310724019

Low Value :

£100K

High Value :

£1000K

Buyer Information

Address :

Liverpool Merseyside , Merseyside , L13 0BQ

Website :

N/A

Procurement contact

Name :

Tina Smith

Phone :

0151 252 3243

Email :

tina.smith@shared-ed.ac.uk

Possible Competitors

1 Possible Competitors