Tender

Recruitment Services Framework 2022

  • THE FINANCIAL REPORTING COUNCIL LIMITED

F02: Contract notice

Notice identifier: 2022/S 000-010775

Procurement identifier (OCID): ocds-h6vhtk-0330b5

Published 26 April 2022, 6:51pm



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

Email

procurement@frc.org.uk

Telephone

+44 2074922300

Country

United Kingdom

Region code

UKI - London

Internet address(es)

Main address

www.frc.org.uk

one.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at

https://www.gov.uk/contracts-finder

Additional information can be obtained from the above-mentioned address

Tenders or requests to participate must be submitted electronically via

https://www.frc.org.uk/about-the-frc/procedures-and-policies/procurement

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

Recruitment Services Framework 2022

Reference number

FRC2022-066

two.1.2) Main CPV code

  • 79600000 - Recruitment services

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; 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.

In 2020 the FRC set up it's first ever Framework Agreement for the provision of Agency Recruitment Services. We are now seeking to refresh our recruitment services framework agreement.

We are seeking to appoint and work with Recruitment Agencies for our permanent and fixed terms recruitment (and occasional interim requirements).

Those Agencies must understand our branding and values and be committed to drive high standards with our resourcing alongside being committed to diversity and inclusion

Agency should understand that FRC operates in the public sector and is committed to the attainment of value for money (and minimizing risk). Our supply partners should understand and share that commitment.

FRC operates skills-based job family. These job families are:

• Actuarial

• Audit & Accountancy

• Legal

• Forensic Accountants

• "All Jobs" (roles that fall outside the scope of the above, for example Human Resources, Information Technology and Governance).

two.1.5) Estimated total value

Value excluding VAT: £2,000,000

two.1.6) Information about lots

This contract is divided into lots: Yes

Tenders may be submitted for all lots

Maximum number of lots that may be awarded to one tenderer: 5

The contracting authority reserves the right to award contracts combining the following lots or groups of lots:

Lots in this instance refers to our Job Families :-

• Actuarial

• Audit & Accountancy

• Legal

• Forensic Accountants

• "All Jobs" (roles that fall outside the scope of the above, for example Human Resources, Information Technology and Governance).

two.2) Description

two.2.1) Title

Actuarial Job Family

Lot No

1

two.2.2) Additional CPV code(s)

  • 79600000 - Recruitment services

two.2.3) Place of performance

NUTS codes
  • UKI - London

two.2.4) Description of the procurement

FRC operates skills-based job family. This Lot covers the Actuarial Job Family

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 70

Price - Weighting: 30

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

48

This contract is subject to renewal

Yes

Description of renewals

The Framework Agreement will run for an initial period of two years with a further (potential) extension period of a further 24 months.

two.2.10) Information about variants

Variants will be accepted: No

two.2.11) Information about options

Options: Yes

Description of options

The FRC reserves the right to make changes to the proposed Terms and Conditions where necessary.

two.2) Description

two.2.1) Title

Audit & Accountancy Job Family

Lot No

2

two.2.2) Additional CPV code(s)

  • 79600000 - Recruitment services

two.2.3) Place of performance

NUTS codes
  • UKI - London

two.2.4) Description of the procurement

FRC operates skills-based job family. This Lot covers the Audit & Accountancy Job Family.

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

48

This contract is subject to renewal

Yes

Description of renewals

The Framework Agreement will run for an initial period of two years with a further (potential) extension period of a further 24 months.

two.2.10) Information about variants

Variants will be accepted: No

two.2.11) Information about options

Options: Yes

Description of options

The FRC reserves the right to make changes to the proposed Terms and Conditions where necessary.

two.2) Description

two.2.1) Title

Legal Job Family

Lot No

3

two.2.2) Additional CPV code(s)

  • 79600000 - Recruitment services

two.2.3) Place of performance

NUTS codes
  • UKI - London

two.2.4) Description of the procurement

FRC operates skills-based job family. This Lot covers the Legal Job Family.

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

48

This contract is subject to renewal

Yes

Description of renewals

The Framework Agreement will run for an initial period of two years with a further (potential) extension period of a further 24 months.

two.2.10) Information about variants

Variants will be accepted: No

two.2.11) Information about options

Options: Yes

Description of options

The FRC reserves the right to make changes to the proposed Terms and Conditions where necessary.

two.2) Description

two.2.1) Title

Forensic Accountants Job Family

Lot No

4

two.2.2) Additional CPV code(s)

  • 79600000 - Recruitment services

two.2.3) Place of performance

NUTS codes
  • UKI - London

two.2.4) Description of the procurement

FRC operates skills-based job family. This Lot covers the Forensic Accountants Job Family.

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

48

This contract is subject to renewal

Yes

Description of renewals

The Framework Agreement will run for an initial period of two years with a further (potential) extension period of a further 24 months.

two.2.10) Information about variants

Variants will be accepted: No

two.2.11) Information about options

Options: Yes

Description of options

The FRC reserves the right to make changes to the proposed Terms and Conditions where necessary.

two.2) Description

two.2.1) Title

"All Jobs"

Lot No

5

two.2.2) Additional CPV code(s)

  • 79600000 - Recruitment services

two.2.3) Place of performance

NUTS codes
  • UKI - London

two.2.4) Description of the procurement

FRC operates skills-based job family. This Lot covers the "All Jobs" (roles that fall outside the scope of the above, for example Human Resources, Information Technology and Governance).

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

48

This contract is subject to renewal

Yes

Description of renewals

The Framework Agreement will run for an initial period of two years with a further (potential) extension period of a further 24 months

two.2.10) Information about variants

Variants will be accepted: No

two.2.11) Information about options

Options: Yes

Description of options

The FRC reserves the right to make changes to the proposed Terms and Conditions where necessary.


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

Refer to Tender Pack

three.1.2) Economic and financial standing

List and brief description of selection criteria

Refer to Tender Pack

three.1.3) Technical and professional ability

List and brief description of selection criteria

Refer to Tender Pack

three.2) Conditions related to the contract

three.2.2) Contract performance conditions

Refer to Tender Pack


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 several operators

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

30 May 2022

four.2.4) Languages in which tenders or requests to participate may be submitted

English

four.2.6) Minimum time frame during which the tenderer must maintain the tender

Tender must be valid until: 30 September 2022

four.2.7) Conditions for opening of tenders

Date

31 May 2022

Local time

12:05pm


Section six. Complementary information

six.1) Information about recurrence

This is a recurrent procurement: No

six.3) Additional information

All Tender documents will be available to download via contracts finder (searching reference FRC2022-066 Recruitment Services Framework Agreement ) or upon request to Procurement@frc.org.uk

six.4) Procedures for review

six.4.1) Review body

The Financial Reporting Council

London

Country

United Kingdom