Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
THE FINANCIAL REPORTING COUNCIL LIMITED
2486368
8th Floor,125 London Wall
LONDON
EC2Y5AS
UK
Contact person: Head of Procurement
Telephone: +44 2074922300
E-mail: Procurement@frc.org.uk
NUTS: UKI31
Internet address(es)
Main address: www.frc.org.uk
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
Levy Collection Services
Reference number: FRC2023-034
II.1.2) Main CPV code
66000000
II.1.3) Type of contract
Services
II.1.4) Short description
This is a Contract Award Notice for Levy Collection Services.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
406 479.48
GBP
II.2) Description
II.2.2) Additional CPV code(s)
66000000
II.2.3) Place of performance
NUTS code:
UKI31
II.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.
II.2.5) Award criteria
Quality criterion: Quality/Weighting
/ Weighting: 70%
Price
/ Weighting:
Cost/Weighting: 30%
II.2.11) Information about options
Options:
Yes
Description of options:
12 Month Extension permitted
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.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2024/S 000-003401
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
04/04/2024
V.2.2) Information about tenders
Number of tenders received: 2
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Adetiq Limited
02024532
Avery House, 69 North Street,
Portslade
BN41 1DH
UK
NUTS: UKJ
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 406 479.48
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.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).
VI.4) Procedures for review
VI.4.1) Review body
The Financial Reporting Council
8th Floor, 125 London Wall
London
EC2Y 5AS
UK
Telephone: +44 2074922300
E-mail: Procurement@frc.org.uk
Internet address(es)
URL: www.frc.org.uk
VI.5) Date of dispatch of this notice
24/04/2024