PS25066 - Temporary Administration Services for Innovate UK Loans

UK Research and Innovation (UKRI)
South West
Invited to quote
26 March 2025 to 31 July 2025

The contract provides rapid-response administration and legal support for companies entering distress or default within a loan portfolio. Services must be mobilised within days to manage insolvency proceedings and legal recovery actions. Due to the unpredictable nature of corporate distress, the volume of cases is variable, requiring a flexible, on-call professional services arrangement to support loan management operations.

Open the official notice

Awarded value: £48k; As published
Published: 8 April 2025
Awarded: 25 March 2025; Menzies LLP
Contract length: 4 months; Ends 31 July 2025

What the contract covers

Provision of specialist corporate insolvency, administration, and legal advisory services for distressed business loan portfolios and corporate recovery scenarios.

Terms and requirements

Procedure: Invited to quote
Initial term: 4 months
Contract dates: 26 March 2025 to 31 July 2025
Certifications asked for: None stated
Lots: 1
Suitable for SMEs: Not stated
CPV codes: 75100000

Services in this contract

Restructuring and insolvency servicesMain service£75k typicalAdministrator appointment for distressed loan borrowers

Lifecycle

Published
8 April 2025
Contract awardedto Menzies LLP
25 March 2025
Contract starts
26 March 2025
Contract ends
31 July 2025

The buyer

UK Research and Innovation (UKRI)

Type: Locked
Contracts, 24 months: Locked
Recorded value: Locked
Typical contract: Locked
Insolvency practitioners contracts, 24 months: Locked

Buys most

Contact details

Email: Locked
Address: Locked

See everything UK Research and Innovation (UKRI) buys

The supplier

Menzies LLP

Contracts won, 24 months: Locked
Value won, 24 months: Locked
Buyers, 24 months: Locked
Size: Locked
Companies House number: Locked

Main buyers

Contact details

Email: Locked
Website: Locked

See everything Menzies LLP has won

Similar insolvency practitioners contracts and prices

20 insolvency practitioners contracts were awarded in the last 24 months. See who won them and what they went for, next to this one.

See who won them →

Cite this contract

Link: https://bidskim.com/tender/929545/ps25066-temporary-administration-services-for-innovate-uk-loans
Buyer reference: PS25066
Open contracting ID: ocds-h6vhtk-04feba
Last checked: 5 November 2026

UK Research and Innovation (UKRI). PS25066 - Temporary Administration Services for Innovate UK Loans. Contract award, 8 April 2025. BidSkim, https://bidskim.com/tender/929545/ps25066-temporary-administration-services-for-innovate-uk-loans (accessed 5 November 2026).