Section one: Contracting authority
one.1) Name and addresses
THE FINANCIAL REPORTING COUNCIL LIMITED
8Th Floor,125 London Wall
LONDON
EC2Y5AS
Contact
Head of Procurement
Telephone
+44 2074922300
Country
United Kingdom
Region code
UKI - London
Companies House
02486368
Internet address(es)
Main address
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
https://www.contractsfinder.service.gov.uk/Notice/4b07f906-c7c6-47ca-8962-40492b3501b9
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
https://www.contractsfinder.service.gov.uk/Notice/4b07f906-c7c6-47ca-8962-40492b3501b9
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Stakeholder engagement support and services
Reference number
FRC2023-020
two.1.2) Main CPV code
- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security
two.1.3) Type of contract
Services
two.1.4) Short description
The purpose of the Financial Reporting Council (FRC) is to serve the public interest by setting high standards of corporate governance, reporting and audit and by holding to account those responsible for delivering them.
Delivering on our purpose will bring a variety of benefits. Improved outcomes, created by each of our regulatory activities are shown in the circle (below); each of which can positively reinforce others in the circle and contribute to overall benefits for a wide range of stakeholders such as greater transparency, increased trust in UK markets and a lower cost of capital for companies. Our direct stakeholders include companies, institutional investors, auditors, actuaries, accountants and their respective professional bodies. Our indirect stakeholders include retail shareholders, suppliers, employees, customers, communities, pensioners and savers, and financial institutions, all of whom have an interest in the health of companies and other organisations within our existing and future regulatory scope and in the success of the UK corporate sector as a whole.
We are seeking Stakeholder engagement support and services.
two.1.5) Estimated total value
Value excluding VAT: £400,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.2) Additional CPV code(s)
- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security
two.2.3) Place of performance
NUTS codes
- UKI - London
two.2.4) Description of the procurement
We are seeking Stakeholder engagement support and services.
Project Requirements
• An agency offering Stakeholder engagement support and services with extensive experience in helping public interest bodies.
• Experience in supporting organisations undertaking extensive change programmes as the FRC transitions into a new regulator ARGA.
• Creative approaches to creating content for a range of audiences on a number of highly technical policy areas
• Strong experience in supporting financial services organisations both in the corporate and regulatory world in times of public and government scrutiny/regulatory change
• Excellent written skills to summarise key research and findings into easily digestible collateral, and design thinking to recommend where infographics/visual content will have greater impact
• Provide insights and market knowledge to suggest and promote thought leadership opportunities for the FRC
• Stakeholder mapping of UK and international regulatory and political landscapes and monitoring/measurement of stakeholder perceptions of the activities and influence of the FRC and identifying areas for enhancement and improvement
PLEASE SEE TENDER DOCUMENTS FOR FULL DETAILS.
This Contract Notice has also been published on Contracts Finder where the tender documents can be accessed.
https://www.contractsfinder.service.gov.uk/Notice/4b07f906-c7c6-47ca-8962-40492b3501b9
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.6) Estimated value
Value excluding VAT: £400,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
24
This contract is subject to renewal
Yes
Description of renewals
Contract duration two years with the option to extend by a further two years (2+2)
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: Yes
Description of options
(Contract duration two years with the option to extend by a further two years (2+2)
Section three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions
We are seeking a agency for Stakeholder engagement support and services. Please see tender documents https://www.contractsfinder.service.gov.uk/Notice/4b07f906-c7c6-47ca-8962-40492b3501b9
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.3) Information about a framework agreement or a dynamic purchasing system
The procurement involves the establishment of a framework agreement
Framework agreement with a single operator
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
four.2) Administrative information
four.2.2) Time limit for receipt of tenders or requests to participate
Date
13 March 2023
Local time
12:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.2.7) Conditions for opening of tenders
Date
13 March 2023
Local time
12:15pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: No
six.3) Additional information
This Contract Notice has also been published on Contract Finder with the tender documents attached.
six.4) Procedures for review
six.4.1) Review body
The Financial Reporting Council
London
Country
United Kingdom