United Kingdom3 days leftOpen

Insolvency Practitioner (IP) Panel​

Tender Overview

LOCATION

United Kingdom, United Kingdom

VALUE

Not disclosed

DEADLINE

February 05, 2026 at 12:00

CATEGORY

Other

CPV CODE

66171000

REFERENCE

001477-2026

Project Timeline

Contact Information

View Original

Original Tender Description

In certain situations, the FCA may seek to exercise its powers to apply to the court to appoint an insolvency practitioner (IP) over an authorised firm, or to replace an incumbent IP with a new IP. We are seeking to establish a Panel of consulting and restructuring firms which can provide IPs to take on such appointments. The Panel will exist for a term of four years. Please note this is not a procurement to which the Procurement Act 2023 applies. The purpose of this exercise is to establish a panel of Insolvency Practitioner Firms which provide practitioners with the requisite skills and experience to be appointed in the event of the insolvency of an authorised firm. There will be no contracts between the FCA and panel firms, nor will firms receive any payments from FCA funds. Bidders will need to register on the FCA's eProcurement system (Atamis) to respond to the RFP (https://atamis-fca.my.site.com/s/Welcome). Bidders should refer to the Atamis Supplier User Guide (https://services.atamis.co.uk/docs/Supplier_User_Guide.pdf) for further information. If issues are experienced in accessing Atamis or any documents within Atamis you should contract their dedicated helpdesk on 029 2279 0052 or email at support@atamis.co.uk.
⚠️

MANDATORY EXCLUSION GROUNDS

  • No explicit mandatory exclusion grounds are provided in the given tender information.

ELIGIBILITY REQUIREMENTS

  • Bidders must be a consulting and restructuring firm.
  • Bidders must be capable of providing Insolvency Practitioners (IPs).
🔧

TECHNICAL CAPABILITY REQUIREMENTS

  • Bidders must provide practitioners with the requisite skills and experience to be appointed in the event of the insolvency of an authorised firm.
💰

FINANCIAL REQUIREMENTS

  • Bidders must acknowledge that no contracts will be established between the FCA and panel firms.
  • Bidders must acknowledge that firms will not receive any payments from FCA funds.
📋

SUBMISSION REQUIREMENTS

  • Bidders must register on the FCA's eProcurement system (Atamis) at https://atamis-fca.my.site.com/s/Welcome.
  • Bidders must refer to the Atamis Supplier User Guide (https://services.atamis.co.uk/docs/Supplier_User_Guide.pdf) for further information and guidance.
  • Bids must be submitted via the Atamis eProcurement system.
  • Bids must be submitted by the deadline of 2026-02-05 12:00:00.
  • Bidders must respond to the Request for Proposal (RFP).

Requirements Preview

Sign up to view complete requirements and analysis

AI-powered requirement analysis
Complete compliance breakdown
Strategic bidding insights
Instant eligibility check

No credit card required • Setup in 2 minutes

PDF
Official PDF Version
PDF001477-2026_official.pdf
Summary:
The Financial Conduct Authority (FCA) is seeking to establish a four-year panel of consulting and restructuring firms to provide experienced Insolvency Practitioners for court appointments over authorised firms in insolvency, with no direct contracts or payments from the FCA.

Documents Preview

Sign up to view document summaries and analysis

AI document summaries
Key requirement extraction
Risk & compliance alerts
Strategic document insights

No credit card required • Setup in 2 minutes

55
Fair

Tender Quality Score

This tender is clear on its purpose and unique financial structure but lacks critical elements for transparency and fairness, such as evaluation criteria and disclosed estimated value, compounded by its stated exemption from standard procurement legislation.

Score Breakdown

Legal Compliance55/100

The tender explicitly states it is not subject to the Procurement Act 2023, which significantly alters the legal framework and raises questions about the extent of standard public procurement principles applied. Key deficiencies include a missing reveal date, undisclosed value, and the absence of explicit mandatory exclusion grounds and evaluation criteria, which would typically be non-compliant under standard procurement law.

Explicit exemption from Procurement Act 2023 creates legal ambiguity regarding standard safeguards
Missing reveal date prevents assessment of adequate preparation time
Clarity60/100

The tender's purpose and the nature of the IP panel are clearly described, and the AI-extracted requirements are understandable. However, the complete absence of specified evaluation criteria is a major clarity flaw, making it difficult for bidders to understand how their proposals will be assessed.

No evaluation criteria specified
Completeness55/100

Basic information, deadlines, and duration are provided. However, the estimated value is not disclosed, and evaluation criteria are missing. The fact that only one of four documents was summarized suggests potential incompleteness in the provided tender documentation.

Estimated value is not disclosed
No evaluation criteria specified
Fairness35/100

While e-procurement is enabled, the undisclosed estimated value and, critically, the complete absence of evaluation criteria severely undermine transparency and fair competition. Bidders cannot objectively prepare proposals or understand the basis of selection, which is a fundamental fairness concern.

Estimated value is not disclosed
No evaluation criteria specified, severely impacting transparency and objectivity
Practicality70/100

Electronic submission via Atamis and access to supporting documents are well-supported. The contract start date and duration are clearly specified. The primary practical drawback is the undisclosed estimated value, which hinders firms' ability to assess the commercial viability of joining the panel.

Estimated value is not disclosed, hindering commercial assessment
Data Consistency75/100

The provided data is largely consistent where present. However, several key fields such as 'Liable Person', 'Estimated Value', and specific procedure codes are unpopulated or marked N/A, and mandatory exclusion grounds are noted as not provided.

Several key fields (e.g., Liable Person, Estimated Value, specific codes) are unpopulated or N/A
Mandatory exclusion grounds are not explicitly provided
Sustainability20/100

The tender provides no indication of incorporating green procurement, social aspects, or innovation focus. It is also not EU funded.

No green procurement criteria
No social aspects included

Strengths

Clear description of the panel's purpose and unique financial structure
Use of a dedicated e-procurement system (Atamis) with support
Clear specification of contract duration and start date
Appropriate CPV code and NUTS code
Requirements, as extracted, are clear and understandable

Concerns

Explicit statement that the Procurement Act 2023 does not apply, potentially reducing standard public procurement safeguards
Absence of explicit evaluation criteria, severely impacting transparency and fairness
Estimated value is not disclosed, hindering commercial assessment for bidders
Missing reveal date, preventing assessment of the full tender preparation period
No explicit mandatory exclusion grounds provided

Recommendations

1. Publish clear and objective evaluation criteria to ensure transparency and fair competition.
2. Disclose the estimated value or provide a clear methodology for how IPs will be remunerated, even if not directly by the FCA, to allow bidders to assess the opportunity.
3. Provide explicit mandatory exclusion grounds and selection criteria, even if operating outside the full scope of the Procurement Act 2023, to uphold public procurement principles.

AI Scoring Preview

Sign up to view complete requirements and analysis

Complete quality score analysis
Detailed sub-score breakdown
Strengths & concerns insights
Strategic recommendations

No credit card required • Setup in 2 minutes

Generate DocumentsReview Documents
C
Tender Quality Score
55/ 100 · Fair

Tender Assistant

Ask me anything about this tender

Tender Assistant

Hello! I'm your AI assistant for this tender. I can help you understand requirements, deadlines, eligibility criteria, and provide strategic insights.

What are the main requirements?
When is the deadline?
Who is eligible to bid?

No credit card required

Setup in 2 minutes

Save with Notes