Award

Emerging Leaders (leadership development) Programme

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 3 releases in its history.

Award

29 Jan 2025 at 13:51

Award Notice
TenderAmendment

28 Oct 2024 at 14:24

Tender Notice
Tender

28 Oct 2024 at 12:59

Tender Notice
Summary of the contracting process

The Financial Reporting Council (FRC) has successfully completed the procurement process for the Emerging Leaders Programme, a leadership development initiative aimed at enhancing the operational and strategic capabilities of its participants. The contract, which was awarded to Studious Digital Education Ltd., will run from 27th January 2025 to 26th January 2026 and has a value of £16,000. The programme is designed to address a skills gap for individuals transitioning into management roles. This process utilised an open procedure and the location of service delivery is at the FRC's headquarters in London, EC2Y 5AS. Key dates included the publication of the tender on 28th October 2024, with the tender period ending on 20th November 2024.

This leadership development programme presents significant growth opportunities for businesses involved in staff training and management development. SMEs and VCSEs with expertise in delivering comprehensive training programmes would have been well-suited for this tender. By participating in such high-profile contracts, businesses can enhance their reputation and leverage this experience to secure future contracts in the public sector. The programme's focus on operational and strategic development, fostering collaboration, and instilling resilience aligns with the needs of many organisations seeking to upgrade their management teams, making it an attractive proposition for businesses specialising in these areas.

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Notice Information

Notice Title

Emerging Leaders (leadership development) Programme

Notice Description

** THIS IS A CONTRACT AWARD NOTICE** The Financial Reporting Council (FRC) regulates auditors, accountants and actuaries and sets the UK's Corporate Governance and Stewardship Codes. We seek to promote transparency and integrity in business; our work is aimed at investors and others who rely on company accounts, audit, and high-quality risk management. As the Competent Authority for audit in the UK, the FRC sets auditing and ethical standards and monitors and enforces audit quality. Further info can be found on www.frc.org.uk. The FRC had a requirement for the design and delivery of a new comprehensive leadership development programme. The Emerging Leaders Programme (ELP) which will equip FRC participants with the knowledge, tools, and confidence to manage the range of leadership responsibilities. The Programme will look at developing operational and strategic capabilities, fostering collaboration, and instilling resilience in leaders who will play a critical role in the FRC's future. This programme aims to address the gap that arises when individuals transition into management roles primarily based on their success in technical or specialist positions, without formal preparation for the broader responsibilities of leadership. ***AWARD NOTICE*** Additional information: THIS IS A CONTRACT AWARD NOTICE. THIS TENDER HAS BEEN COMPLETED.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-238c0fb4-97e4-432f-9876-1b7aa7901bee
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/156f4e64-416d-4d36-8bcf-77052329d6b8
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services

CPV Codes

80511000 - Staff training services

80521000 - Training programme services

80532000 - Management training services

80570000 - Personal development training services

Notice Value(s)

Tender Value
£20,000 Under £100K
Lots Value
Not specified
Awards Value
£16,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jan 20251 years ago
Submission Deadline
20 Nov 2024Expired
Future Notice Date
Not specified
Award Date
17 Dec 20241 years ago
Contract Period
27 Jan 2025 - 26 Jan 2026 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE FINANCIAL REPORTING COUNCIL LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2Y 5AS
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

STUDIOUS DIGITAL EDUCATION

Further Information

Notice URLs

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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