PUBLISHED COMMERCIAL FIELDSValues stay separate.
A tender estimate and an award value answer different questions. Neither is treated as cash paid.
- Award value
- £54,720
award field- Tender value
- £54,720
tender field- Procurement method
- Call-off from a framework agreement
- Category
- services
- CPV
- 73110000
Research services- Delivery
- United Kingdom
No postcode
PUBLISHED DESCRIPTION
What the notice says
A recent High Court decision in NOAL SCSp & Ors v Novalpina Capital LLP & Ors [2025] EWHC 1392 (Ch)1 interpreted the law governing members' voluntary liquidations (MVLs) to mean that all creditors (and interest) must be paid in full within 12 months of the commencement of the liquidation procedure. There is currently limited data and research evidence available on MVLs. The Authority is therefore commissioning a one-off research project for two primary purposes. Firstly, to better understand the potential impact of this ruling. Secondly to explore and understand the MVL landscape more generally, with particular focus on metrics around efficiency and effectiveness.
Tender statuscomplete