Contract notice
Section I: Contracting
authority
I.1) Name and addresses
THE FINANCIAL REPORTING COUNCIL LIMITED
02486368
8Th Floor,125 London Wall
LONDON
EC2Y5AS
UK
Telephone: +44 2074922300
E-mail: procurement@frc.org.uk
NUTS: UKI
Internet address(es)
Main address: https://www.frc.org.uk/
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://www.contractsfinder.service.gov.uk/Notice/1e19204b-61b1-41c3-a350-59ef3ff2c17c
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent to the abovementioned address
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Legal Services Framework Agreement
Reference number: FRC2023-0146
II.1.2) Main CPV code
79100000
II.1.3) Type of contract
Services
II.1.4) Short description
The Financial Reporting Council (FRC) is an independent regulator which serves the public interest by setting high standards of corporate governance, corporate reporting and audit and by holding to account those responsible for delivering them. The FRC also monitors and takes enforcement action where things go wrong to ensure the proper operation of the market and confidence in the UK economy and the UK's international reputation as an attractive place to do business.
The purpose of this exercise is to create a Framework Agreement to provide a panel of law firms (the panel) to provide legal services for the FRC, through the FRC's in-house legal team.
The legal team advises on a wide range of issues, including but not limited to:
• creating, implementing, using and maintaining the FRC's powers and procedures;
• developing and maintaining legally sound policies across the FRC;
• information handling, sharing and risk;
• corporate legal advice (eg on contracts, governance, intellectual property rights, brand and logo use, insurance etc);
• responding to challenges (eg judicial review and complaints) as well as all litigation taken by, and against, the FRC.
We propose to appoint up to three* law firms to act for the FRC across its business on a four-year contract (with a further one year extension).
* The FRC reserves the right to increase this number where law firms have the same overall evaluation scoring.
PLEASE SEE THE FULL DETAILS IN THE TENDER PACK. THE TENDER PACK CAN BE ACCESSED VIA CONTRACTS FINDER
https://www.contractsfinder.service.gov.uk/Notice/1e19204b-61b1-41c3-a350-59ef3ff2c17c
II.1.5) Estimated total value
Value excluding VAT:
2 290 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
Yes
Tenders may be submitted for all lots
II.2) Description
Lot No: 1
II.2.1) Title
Public and regulatory law
II.2.2) Additional CPV code(s)
79100000
II.2.3) Place of performance
NUTS code:
UKG
UKI
II.2.4) Description of the procurement
Example of the matters on which advice may be sought:
• FRC regulations and procedures
• Independent tribunal procedures
• Public and regulatory law litigation (including enforcement proceedings and judicial review proceedings)
• Statutory interpretation
This Lot also includes Local audits, for example, advice may be sought on:-
• Local Audit and Accountability Act 2014
• Companies Act 2006, Part 42 and Sch 10 (as modified by the 2014 Act)
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 60
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
II.2.11) Information about options
Options:
Yes
Description of options:
12 months
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 2
II.2.1) Title
Information law
II.2.2) Additional CPV code(s)
79100000
II.2.3) Place of performance
NUTS code:
UKG
UKI
II.2.4) Description of the procurement
Examples of the matters on which advice may be sought:-
• UK GDPR and Data Protection Act 2018
• Freedom of Information Act 2000
• Environmental Information Regulations 2004
• Confidential information
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 60
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
II.2.11) Information about options
Options:
Yes
Description of options:
12 months
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 3
II.2.1) Title
Corporate and commercial law/general law (including litigation)
II.2.2) Additional CPV code(s)
79100000
II.2.3) Place of performance
NUTS code:
UKG
UKI
II.2.4) Description of the procurement
Examples of the matters on which advice may be sought:-
• Contracts - formation, execution, interpretation, breach and remedies, termination
• Companies law (especially relating to governance issues)
• General litigation
• Intellectual property (eg trademarks)
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 60
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
II.2.11) Information about options
Options:
Yes
Description of options:
12 months
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 4
II.2.1) Title
Employment law
II.2.2) Additional CPV code(s)
79100000
II.2.3) Place of performance
NUTS code:
UKG
UKI
II.2.4) Description of the procurement
Examples of the matters on which advice may be sought:
• Starting employment - recruitment, contract etc
• Pre-employment checks
• Pay, benefits, pensions and tax
• Legal aspects of working and travel abroad
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 60
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
II.2.11) Information about options
Options:
Yes
Description of options:
12months
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.3) Information about a framework agreement or a dynamic purchasing system
The procurement involves the establishment of a framework agreement with several operators.
Justification for any framework agreement duration exceeding 4 years: The duration is four years (with the option to extend for a further 12 months should the FRC undertake transformation projects that require continuity of legal advisors).
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
IV.2) Administrative information
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
07/05/2024
Local time: 12:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.7) Conditions for opening of tenders
Date:
07/05/2024
Local time: 12:05
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.3) Additional information
Please access the tender documents via
https://www.contractsfinder.service.gov.uk/Notice/1e19204b-61b1-41c3-a350-59ef3ff2c17c
VI.4) Procedures for review
VI.4.1) Review body
The Financial Reporting Council
London
UK
E-mail: procurement@frc.org.uk
VI.5) Date of dispatch of this notice
04/04/2024