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In deliveryUnited KingdomServicesFramework agreement£10,000,000Add to pipeline

DED - Commercial Advisor Framework 2

Awarded to Deloitte LLP, FRP Advisory, Grant Thornton UK LLP +3 more

Scottish Government(buyer)

Published
Published 12 February 2025
Deadline
Closed 25 July 2025
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Overview

The Scottish Government has awarded a framework agreement for commercial advisory services to six firms: Deloitte LLP, FRP Advisory, Grant Thornton UK LLP, Interpath Ltd, PricewaterhouseCoopers LLP, and Teneo Restructuring Limited, with a total contract value of £15 million. The scope covers core advisory services including strategic, financial and commercial advice, analysis, and reporting across all industry sectors, as well as additional services such as due diligence, merger and acquisition analysis, restructuring advice, valuation, economic impact assessments, and forensic accounting across various intervention and funding structures including debt, guarantees, grants and equity.

Contracting authority

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Reveal decision makers

Lots (2)

  • Commercial Advisor Framework 2

    The aim of the Framework Agreement is to establish a timely, efficient and effective mechanism to conduct a range of due diligence on commercial entities and companies in difficulty to inform decision making. Due diligence assignments will encompass a wide range of activities including financial analysis, market information and risk assessment to inform the viability of companies facing challenges and assess the likelihood of a successful outcome. It is envisaged that the appointed Service Providers will be multi-disciplinary agencies or consortia offering a range of integrated professional services including but not limited to: accountancy/financial management, and tax advice, commercial advisory services, restructuring and turnaround specialisms, specialist technical expertise such as economic and market analysis and other considerations including impacts of Subsidy Control (formerly State Aid). Additional information: A maximum of 6 Service Providers will be appointed to the Framework Agreement.

    Won by Deloitte LLPWon by FRP AdvisoryWon by PricewaterhouseCoopers LLPWon by Grant Thornton UK LLPWon by Interpath LtdWon by Teneo Restructuring Limited

  • Commercial Advisor Framework 2

    The purpose of this Prior Information Notice is to give advance notice of our intentions to the market. The Scottish Government is currently conducting internal engagement with policy areas and key stakeholders to determine the lotting structure of the Framework agreement. Please record your interest in this notice and you will automatically receive updates as we progress.

Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£10,000,000
Procedure
Open
Contract type
Framework agreement
Published
12 February 2025
Deadline
Closed
Classification (CPV)
Financial consultancy servicesBusiness analysis consultancy servicesFinancial management consultancy services

Award outcome

Awarded value
£15,000,000
Award date
31 October 2025
Contract period
— → 21 October 2027
Winners
  • Deloitte LLP
  • FRP Advisory
  • Grant Thornton UK LLP
  • Interpath Ltd
  • PricewaterhouseCoopers LLP
  • Teneo Restructuring Limited

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    19 November 2025

  2. Contract Notice

    30 May 2025

  3. Prior Information Notice

    12 February 2025

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