Source: https://tendernation.io/opportunities/01a13c02-e0a1-72f7-8908-27802bf8c8a1/15-scr-insolvency-practitioners-scotland-623 closed GB open procedure Suitable for SMEs # 15-SCR-Insolvency Practitioners (Scotland)-623 [H M Revenue & Customs](https://tendernation.io/buyers/h-m-revenue-customs) Estimated value £750,000 Published 17 Sept 2015 Deadline Closed 22 Oct 2015 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Open procedure Anyone can submit a full tender; there is no shortlisting stage. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender HM Revenue and Customs (HMRC) takes insolvency proceedings against limited companies, individuals and other entities which have failed to make payment and where other avenues of recovery have been exhausted and insolvency is deemed appropriate. A large majority of proceedings in Scotland are initiated by HMRC’s Edinburgh Enforcement and Insolvency (EISE) office. The scope of this requirement is limited to proceedings initiated by EISE. Proceedings at the instance of other arms of HMRC (e.g. Special Investigations) are outwith the scope of this requirement. In Scotland, when a creditor petitions the court to wind up a limited company, legislation requires the creditor to nominate an insolvency practitioner (IP) to act as liquidator. HMRC's basic requirement is to establish a framework of organisations/firms with named IPs who can be nominated to accept appointments as interim liquidators. In addition IPs may be required to accept nominations to act as interim trustees, provisional liquidators and other appointments. IPs may also be asked to carry out preliminary investigative work from time to time. This procurement exercise will allow the Authority to establish a number of location based panels of IPs with formal arrangements in place (primarily around fees and outlays) between operators on the Framework and HMRC (EISE). The Framework will establish six (6) panels of service providers with their individually named IPs, with each panel having responsibility for a Sheriffdom of Scotland. Each panel will consist of five or six organisations, a reserve list to cover contingencies. Accordingly, the procurement exercise will be divided into lots. Given the nature of this requirement, HMRC can offer no guarantee of volumes or values of future assignments. It is expected that IPs will recover fess and outlays where there are sufficient assets. Contract values shown are estimates and only reflect how much HMRC anticipates it will need to cover (pay out) in cases where there are insufficient assets to cover the IPs costs/fees. Historical volumes are available within the tender documentation. To register an interest for this opportunity and receive access to HMRC's online procurement tool (Emptoris) containing tender documents, further information and the submission/application process please send an email to any time up to, but no later than 12:00 (Midday) 19/10/2015. This email should contain (a) the contract reference "15-SCR-Insolvency Practitioners (Scotland)-623" (b) a contact email address; (c) a contact name; and (d) the company name and contact telephone number. (If an email response from HMRC is not received within one working day of your request, re-contact (after first checking your spam in-box) notifying non-receipt and confirming when the request was first made). Additional information: How to Apply - See details in Description Read full description ## CPV classification Legal services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/cbd5bc5f-adc8-11e6-9901-0019b9f3037b) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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