Award

Annual People Survey(s)

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 2 releases in its history.

Award

05 Dec 2022 at 16:43

Award Notice
Tender

24 Oct 2022 at 09:40

Tender Notice
Summary of the contracting process

The Financial Reporting Council Limited has awarded a contract for Annual People Survey(s) to Survey Solutions Limited. The contract is valued at 40,500 GBP and has a contract period from January 16, 2023, to January 15, 2026. The tender was under an open procedure below threshold procurement method, and the tender period ended on November 25, 2022.

This procurement process conducted by THE FINANCIAL REPORTING COUNCIL LIMITED for Annual People Survey(s) presents opportunities for businesses in the survey services industry. Small and medium enterprises (SMEs) and voluntary, community and social enterprise (VCSE) organisations are well-suited to compete. The contract award allows for business growth over the three-year contract period, catering to the FRC's need for administering staff surveys with potential additional pulse surveys.

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Notice Information

Notice Title

Annual People Survey(s)

Notice Description

THIS IS A CONTRACT AWARD NOTICE BACKGROUND 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; 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. The FRC typically conducts an annual staff survey. The employee satisfaction survey is a tool used to measure, quantify and analyse the degree to which employees within the FRC are satisfied with their roles and working environments. Staff surveys are used to identify and understand the status of employees with regards to their motivation, commitment, performance, and other key areas such as leadership, diversity and inclusion as well as their personal and professional development. THE REQUIREMENT The requirement was to engage a supplier for a three (3) year contract to administer the FRC staff survey(s). The focus is the annual survey however there may be also be a requirement for pulse surveys. Additional information: THIS IS A CONTRACT AWARD NOTICE Notes:- * There will not be a standstill period for this procurement. * The FRC reserves the right to extend the Agreement (as per the ITT).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-68e0f053-c8ac-4bda-8022-0d117f1c35bc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7a69efc7-5c38-44df-a187-75d3bdc9106b
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

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79311000 - Survey services

79633000 - Staff development services

Notice Value(s)

Tender Value
£40,000 Under £100K
Lots Value
Not specified
Awards Value
£40,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Dec 20223 years ago
Submission Deadline
25 Nov 2022Expired
Future Notice Date
Not specified
Award Date
5 Dec 20223 years ago
Contract Period
16 Jan 2023 - 15 Jan 2026 3-4 years
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

SURVEY SOLUTIONS

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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