Contract notice
Section I: Contracting
authority
I.1) Name and addresses
THE FINANCIAL REPORTING COUNCIL LIMITED
02486368
8Th Floor,125 London Wall
LONDON
EC2Y 5AS
UK
Contact person: Head of Procurement
Telephone: +44 2074922300
E-mail: procurement@frc.org.uk
NUTS: UKI
Internet address(es)
Main address: www.frc.org.uk
I.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 abovementioned address
Tenders or requests to participate must be sent electronically to:
https://www.contractsfinder.service.gov.uk/Notice/d2f61429-5774-4b4e-8090-2f92c119e132
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
Provision of Strategic communications and public affairs advisory services
Reference number: FRC2022-0150
II.1.2) Main CPV code
79416000
II.1.3) Type of contract
Services
II.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.
II.1.5) Estimated total value
Value excluding VAT:
600 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.3) Place of performance
NUTS code:
UKI
II.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
II.2.5) Award criteria
Criteria below:
Quality criterion: Quality
/ Weighting: 70
Price
/ Weighting:
30
II.2.6) Estimated value
Value excluding VAT:
600 000.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 48
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:
Duration two years with the option to extend by a further two years (2+2)
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 III: Legal, economic, financial and technical information
III.1) Conditions for participation
III.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).
III.1.2) Economic and financial standing
List and brief description of selection criteria:
See Selection Questionnaire and/or ITT (Tender Pack).
III.1.3) Technical and professional ability
List and brief description of selection criteria:
See Selection Questionnaire and/or ITT (Tender Pack).
III.2) Conditions related to the contract
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 a single operator.
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:
04/09/2022
Local time: 12:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.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)
IV.2.7) Conditions for opening of tenders
Date:
05/09/2022
Local time: 12:05
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.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
VI.4) Procedures for review
VI.4.1) Review body
The Financial Reporting Council
8th Floor, 125 London Wall
London
EC2Y 5AS
UK
E-mail: procurement@frc.org.uk
VI.5) Date of dispatch of this notice
01/08/2022