Section one: Contracting authority
one.1) Name and addresses
THE FINANCIAL REPORTING COUNCIL LIMITED
8Th Floor,125 London Wall
LONDON
EC2Y 5AS
Contact
Head of Procurement
Telephone
+44 2074922300
Country
United Kingdom
NUTS code
UKI - London
THE FINANCIAL REPORTING COUNCIL LIMITED
02486368
Internet address(es)
Main address
one.3) Communication
Access to the procurement documents is restricted. Further information can be obtained 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.contractsfinder.service.gov.uk/Notice/d2f61429-5774-4b4e-8090-2f92c119e132
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
Provision of Strategic communications and public affairs advisory services
Reference number
FRC2022-0150
two.1.2) Main CPV code
- 79416000 - Public relations 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.
The FRC is committed to
• Supporting the creation of a new regulator, the Audit, Reporting and Governance Authority (ARGA), into a high performing new robust and independent regulator, acting in the public interest and provide increased confidence in the UK market. Protecting and improving audit and reporting quality.
• Making company reporting fit for the future.
• Supporting the creation of the audit of the future
• Ensuring that the world-leading UK Corporate Governance and Stewardship Codes make the UK a great place to do business, helping support Covid-19 recovery and UK prosperity.
This project relates to our requirement for an agency offering an integrated approach to strategic communications and public affairs with extensive experience in helping public interest bodies with engagement programmes with all of its stakeholders to improve/influence perceptions.
FURTHER DETAILS
Full details are available in the attached Invitation to Tender (ITT) document.
two.1.5) Estimated total value
Value excluding VAT: £600,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKI - London
two.2.4) Description of the procurement
Provision of Strategic communications and public affairs advisory services.
This project relates to our requirement for an agency offering an integrated approach to strategic communications and public affairs with extensive experience in helping public interest bodies with engagement programmes with all of its stakeholders to improve/influence perceptions.
The Agency should :-
• Be experienced in supporting organisations undertaking extensive change programmes as the FRC transitions into a new regulator ARGA, including with internal communications
• Provide creative approaches to creating content for a range of audiences through a number of traditional communication and digital channels and platforms
• Have strong experience in supporting financial services organisations both in the corporate and regulatory world in times of public and government scrutiny/regulatory change
• Have expertise in navigating government departments and parliamentary groups including developing briefings for offices and Select Committees and measuring influence
• Have demonstrable experience in designing and supporting communications campaigns targeted at business, professional services and/or government
• Possess the ability to provide media training and committee appearance practice for senior staff
• Possess 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.
• Provide stakeholder mapping of UK media, regulatory and political landscapes and monitoring/measurement of stakeholder perceptions of the activities and influence of the FRC and our communications
two.2.5) Award criteria
Quality criterion - Name: Quality / Weighting: 70
Price - Weighting: 30
two.2.6) Estimated value
Value excluding VAT: £600,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
48
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: Yes
Description of options
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
See Selection Questionnaire and/or ITT (Tender Pack).
three.1.2) Economic and financial standing
List and brief description of selection criteria
See Selection Questionnaire and/or ITT (Tender Pack).
three.1.3) Technical and professional ability
List and brief description of selection criteria
See Selection Questionnaire and/or ITT (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 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
Originally published as:
Date
4 September 2022
Local time
12:00pm
Changed to:
Date
5 September 2022
Local time
12:00pm
See the change notice.
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
Duration in months: 3 (from the date stated for receipt of tender)
four.2.7) Conditions for opening of tenders
Date
5 September 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 FFRC2022-0150 Provision of Strategic communications and public affairs advisory services) or upon request to Procurement@frc.org.uk
six.4) Procedures for review
six.4.1) Review body
The Financial Reporting Council
8th Floor, 125 London Wall
London
EC2Y 5AS
Country
United Kingdom