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
NUTS code
UKI31 - Camden and City of London
Companies House
2486368
Internet address(es)
Main address
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
Levy Collection Services
Reference number
FRC2023-034
two.1.2) Main CPV code
- 66000000 - Financial and insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
This is a Contract Award Notice for Levy Collection Services.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £406,479.48
two.2) Description
two.2.2) Additional CPV code(s)
- 66000000 - Financial and insurance services
two.2.3) Place of performance
NUTS codes
- UKI31 - Camden and City of London
two.2.4) Description of the procurement
The FRC is awarding a Contract to a Service Provider for the Levy Administration Collection Services including but not limited to
• Issuing and sending all invoices to all Levy Payers
• Reminders and Chasers
• Payment request enquiries
• Reconciliation of Levies received
• Managing Refunds
• Operation and Customer Service
• Account Management
• Reporting and MI.
two.2.5) Award criteria
Quality criterion - Name: Quality/Weighting / Weighting: 70%
Price - Weighting: Cost/Weighting: 30%
two.2.11) Information about options
Options: Yes
Description of options
12 Month Extension permitted
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
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.2.1) Previous publication concerning this procedure
Notice number: 2024/S 000-003401
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
4 April 2024
five.2.2) Information about tenders
Number of tenders received: 2
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Adetiq Limited
Avery House, 69 North Street,
Portslade
BN41 1DH
Country
United Kingdom
NUTS code
- UKJ - South East (England)
Companies House
02024532
The contractor is an SME
Yes
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £406,479.48
Section six. Complementary information
six.3) Additional information
THIS IS A CONTRACT AWARD NOTICE
Contract duration three years with the option to extend by a further year/12 Months (3+1).
six.4) Procedures for review
six.4.1) Review body
The Financial Reporting Council
8th Floor, 125 London Wall
London
EC2Y 5AS
Telephone
+44 2074922300
Country
United Kingdom