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
Contact person: Head of Procurement
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/4b07f906-c7c6-47ca-8962-40492b3501b9
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/4b07f906-c7c6-47ca-8962-40492b3501b9
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
Stakeholder engagement support and services
Reference number: FRC2023-020
II.1.2) Main CPV code
79000000
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.
Delivering on our purpose will bring a variety of benefits. Improved outcomes, created by each of our regulatory activities are shown in the circle (below); each of which can positively reinforce others in the circle and contribute to overall benefits for a wide range of stakeholders such as greater transparency, increased trust in UK markets and a lower cost of capital for companies. Our direct stakeholders include companies, institutional investors, auditors, actuaries, accountants and their respective professional bodies. Our indirect stakeholders include retail shareholders, suppliers, employees, customers, communities, pensioners and savers, and financial institutions, all of whom have an interest in the health of companies and other organisations within our existing and future regulatory scope and in the success of the UK corporate sector as a whole.
We are seeking Stakeholder engagement support and services.
II.1.5) Estimated total value
Value excluding VAT:
400 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.2) Additional CPV code(s)
79000000
II.2.3) Place of performance
NUTS code:
UKI
II.2.4) Description of the procurement
We are seeking Stakeholder engagement support and services.
Project Requirements
• An agency offering Stakeholder engagement support and services with extensive experience in helping public interest bodies.
• Experience in supporting organisations undertaking extensive change programmes as the FRC transitions into a new regulator ARGA.
• Creative approaches to creating content for a range of audiences on a number of highly technical policy areas
• Strong experience in supporting financial services organisations both in the corporate and regulatory world in times of public and government scrutiny/regulatory change
• 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
• Stakeholder mapping of UK and international regulatory and political landscapes and monitoring/measurement of stakeholder perceptions of the activities and influence of the FRC and identifying areas for enhancement and improvement
PLEASE SEE TENDER DOCUMENTS FOR FULL DETAILS.
This Contract Notice has also been published on Contracts Finder where the tender documents can be accessed.
https://www.contractsfinder.service.gov.uk/Notice/4b07f906-c7c6-47ca-8962-40492b3501b9
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6) Estimated value
Value excluding VAT:
400 000.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 24
This contract is subject to renewal: Yes
Description of renewals:
Contract duration two years with the option to extend by a further two years (2+2)
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:
(Contract 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:
We are seeking a agency for Stakeholder engagement support and services. Please see tender documents https://www.contractsfinder.service.gov.uk/Notice/4b07f906-c7c6-47ca-8962-40492b3501b9
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:
13/03/2023
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:
13/03/2023
Local time: 12:15
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.3) Additional information
This Contract Notice has also been published on Contract Finder with the tender documents attached.
VI.4) Procedures for review
VI.4.1) Review body
The Financial Reporting Council
London
UK
VI.5) Date of dispatch of this notice
08/02/2023