Award

IT Managed Services

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 1 release in its history.

Award

10 Jul 2025 at 15:44

Summary of the contracting process

The Financial Reporting Council Limited has completed the procurement process for its "IT Managed Services" contract, focusing on IT services, including consulting, software development, internet, and support. This procurement process utilised a selective method, specifically a call-off from a framework agreement, and was conducted under the Crown Commercial Services Technology Services 3 Framework Agreement (Lot 3a) - RM6100. Located in the United Kingdom, the contract was awarded to Bechtle Ltd, with the award notice published on 10th July 2025. The contract is valued at £2,397,236 and spans three years, starting from 27th October 2025, with a potential extension of two additional years. The tender period concluded on 28th February 2025, with the buyer retaining the option to add project services to this contract.

This tender presents significant opportunities for businesses involved in the IT services sector, particularly those capable of providing comprehensive managed IT solutions. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) that can align with the project's requirements may find it advantageous to engage in similar public procurement processes in future. Bechtle Ltd, a large-scale supplier, exemplifies the type of company suited for such extensive IT service contracts. Businesses looking to expand into public sector services will find valuable insights and growth opportunities through involvement in framework agreements like the one employed in this procurement.

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Notice Title

IT Managed Services

Notice Description

IT MANAGED SERVICES CONTRACT AWARD NOTICE.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-59d84083-1d5d-4313-8c1d-e84566fe2b20
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bba3f662-a19b-418e-9ae5-d1a519c6823b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£1,650,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,397,236 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
10 Jul 20257 months ago
Submission Deadline
28 Feb 2025Expired
Future Notice Date
Not specified
Award Date
26 Jun 20258 months ago
Contract Period
27 Oct 2025 - 26 Oct 2028 3-4 years
Recurrence
Not specified

Notice Status

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

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
E14 9GE
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified

Local Authority
Tower Hamlets
Electoral Ward
Blackwall & Cubitt Town
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

BECHTLE

Further Information

Notice Documents

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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