Buyer Name: The Pension Protection Fund
Buyer Address: Renaissance, 12 Dingwall Road, Croydon, UK, CR0 2NA, United Kingdom
Contact Email: commercialservices@ppf.co.uk
Contact Telephone: +44 8456002541
Buyer Name: The Pension Protection Fund
Buyer Address: Renaissance, 12 Dingwall Road, Croydon, UK, CR0 2NA, United Kingdom
Contact Email: commercialservices@ppf.co.uk
Contact Telephone: +44 8456002541
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.
No linked documents found for this notice.
Lot 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
Lot 1 Status: cancelled
Lot 1 Has Options: Yes
Lot 1 Options: Options to extend framework agreement by up to two periods on one year each (2+1+1).
Lot 1 Award Criterion (quality): Service
Lot 1 Award Criterion (quality): Quality
Lot 1 Award Criterion (quality): Social Value
Contract Title: Restructuring and Pre-Insolvency Services Framework
Award Title: Restructuring and Pre-Insolvency Services Framework
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