Provision of Insolvency Services to Accountant in Bankruptcy.
This contract will be a framework contract consisting of 3 geographic lots, with a minimum of 2 companies appointed to each lot. Accountant in Bankruptcy (AiB) has a requirement for the provision of insolvency services for the administration of allocated sequestration cases where The Accountant is appointed trustee. The services will be required across the whole of Scotland. The requirement will be split into 3 geographic Lots, with a minimum of 2 providers in each Lot. The contract shall be for 2 years with 2 separate options to extend for a further year. Cases will be allocated automatically by the case management system (BASYS) to a specific provider in each of the regional Lots dependant on the ranking of the provider in each region.
Accountant in Bankruptcy is an Agency of the Scottish Government in terms of the Scotland Act 1998. The Chief Executive is also The Accountant in Bankruptcy (The Accountant), who is an independent statutory officer appointed under Section 1 of the Bankruptcy (Scotland) Act 1985 as amended.
The Accountant has responsibility for certain statutory functions in Scotland, including the following:
— Act as trustee in all sequestrations where the debtor has not nominated a trustee (by virtue of Section 2(1B) of the Act);
— Act as Trustee in all sequestrations awarded by the Sheriff Courts, where a Sheriff does not appoint a person to be trustee (by virtue of Section 2(2C) of the Act);
— Act as interim trustee before the award of sequestration, if appointed by the sheriff, except those where an alternative interim trustee is appointed when nominated by the petitioning creditor (by virtue of Section 2(6)(b) of the Act);
— Act as trustee on the resignation, death or replacement of the original trustee where no new trustee is elected or appointed (by virtue of Sections 28 and 28A of the Act).
AiB requires the services of providers to administer bankruptcy cases where The Accountant has been appointed Trustee. The providers will be expected to carry out the functions of the Trustee in accordance with the terms of the Bankruptcy (Scotland) Act 1985 as amended. An Operating Manual guidance detailing the bankruptcy administration process will be provided. They will be appointed to act on behalf of The Accountant. The Accountant will remain the Trustee throughout.
AiB requires all sensitive data to be handled and stored in accordance with the provisions of the Data Protection Act 1988. AiB requires evidence of technical facilities in place to enable receipt and administration of all cases.
This contract will be a framework contract consisting of 3 geographic lots, with a minimum of 2 companies appointed to each lot.
Accountant in Bankruptcy (AiB) has a requirement for the provision of insolvency services for the administration of allocated sequestration cases where The Accountant is appointed trustee. The services will be required across the whole of Scotland. The requirement will be split into 3 geographic Lots, with a minimum of 2 providers in each Lot. The contract shall be for 2 years with 2 separate options to extend for a further year.
Cases will be allocated automatically by the case management system (BASYS) to a specific provider in each of the regional Lots dependant on the ranking of the provider in each region.
Accountant in Bankruptcy is an Agency of the Scottish Government in terms of the Scotland Act 1998. The Chief Executive is also The Accountant in Bankruptcy (The Accountant), who is an independent statutory officer appointed under Section 1 of the Bankruptcy (Scotland) Act 1985 as amended.
The Accountant has responsibility for certain statutory functions in Scotland, including the following:
— Act as trustee in all sequestrations where the debtor has not nominated a trustee (by virtue of Section 2(1B)of the Act);
— Act as Trustee in all sequestrations awarded by the Sheriff Courts, where a Sheriff does not appoint a person to be trustee (by virtue of Section 2(2C) of the Act);
— Act as interim trustee before the award of sequestration, if appointed by the Sheriff, except those where an alternative interim trustee is appointed when nominated by the petitioning creditor (by virtue of Section 2(6)(b) of the Act);
— Act as trustee on the resignation, death or replacement of the original trustee where no new trustee is elected or appointed (by virtue of Sections 28 and 28A of the Act).
AiB requires the services of providers to administer bankruptcy cases where The Accountant has been appointed Trustee. The providers will be expected to carry out the functions of the Trustee in accordance with the terms of the Bankruptcy (Scotland) Act 1985 as amended.
An Operating Manual guidance detailing the bankruptcy administration process will be provided. They will be appointed to act on behalf of The Accountant. The Accountant will remain the Trustee throughout.
AiB requires all sensitive data to be handled and stored in accordance with the provisions of the Data Protection Act 1988. AiB requires evidence of technical facilities in place to enable receipt and administration of all cases.
This contract will be a framework contract consisting of 3 geographic lots, with a minimum of 2 companies appointed to each lot. Accountant in Bankruptcy (AiB) has a requirement for the provision of insolvency services for the administration of allocated sequestration cases where The Accountant is appointed trustee. The services will be required across the whole of Scotland. The requirement will be split into 3 geographic Lots, with a minimum of 2 providers in each Lot. The contract shall be for 2 years with 2 separate options to extend for a further year. Cases will be allocated automatically by the case management system (BASYS) to a specific provider in each of the regional Lots dependant on the ranking of the provider in each region. Accountant in Bankruptcy is an Agency of the Scottish Government in terms of the Scotland Act 1998. The Chief Executive is also The Accountant in Bankruptcy (The Accountant), who is an independent statutory officer appointed under Section 1 of the Bankruptcy (Scotland) Act 1985 as amended.
The Accountant has responsibility for certain statutory functions in Scotland, including the following:
— Act as trustee in all sequestrations where the debtor has not nominated a trustee (by virtue of Section 2(1B)of the Act);
— Act as Trustee in all sequestrations awarded by the Sheriff Courts, where a Sheriff does not appoint a person to be trustee (by virtue of Section 2(2C) of the Act);
— Act as interim trustee before the award of sequestration, if appointed by the sheriff, except those where an alternative interim trustee is appointed when nominated by the petitioning creditor (by virtue of Section 2(6)(b) of the Act);
— Act as trustee on the resignation, death or replacement of the original trustee where no new trustee is elected or appointed (by virtue of Sections 28 and 28A of the Act).
AiB requires the services of providers to administer bankruptcy cases where The Accountant has been appointed Trustee. The providers will be expected to carry out the functions of the Trustee in accordance with the terms of the Bankruptcy (Scotland) Act 1985 as amended.
An Operating Manual guidance detailing the bankruptcy administration process will be provided. They will be appointed to act on behalf of The Accountant. The Accountant will remain the Trustee throughout.
AiB requires all sensitive data to be handled and stored in accordance with the provisions of the Data Protection Act 1988. AiB requires evidence of technical facilities in place to enable receipt and administration of all cases.