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Recruitment Services Framework Agreement

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 2 releases in its history.

Award

09 Aug 2022 at 16:33

Award Notice
Tender

26 Apr 2022 at 19:09

Tender Notice
Summary of the contracting process

The Financial Reporting Council Limited has recently awarded a contract for the Recruitment Services Framework Agreement. This procurement process, which was initiated as a tender and is now in the award stage, aims to refresh the recruitment services framework agreement. The contract involves the provision of recruitment services in various job families such as Actuarial, Audit & Accountancy, Legal, Forensic Accountants, and other related roles. The contract commencement date is scheduled for September 1st, 2022, with a total contract value of £2,000,000.

This tender opportunity by The Financial Reporting Council Limited presents a chance for Recruitment Agencies to engage and work on permanent and fixed-term recruitment requirements. Businesses that align with the values of the FRC, demonstrate a commitment to diversity and inclusion, and understand the public sector context can leverage this tender to grow their operations. SMEs and organisations focusing on recruitment services, particularly within the specified job families, are well-suited to compete for this contract and contribute to the attainment of value for money and risk minimization objectives set by the FRC.

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Notice Information

Notice Title

Recruitment Services Framework Agreement

Notice Description

THIS IS A CONTRACT AWARD NOTICE 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. 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. In 2020 the FRC set up it's first ever Framework Agreement for the provision of Agency Recruitment Services. We are now seeking to refresh our recruitment services framework agreement. We are seeking to appoint and work with Recruitment Agencies for our permanent and fixed terms recruitment (and occasional interim requirements). Those Agencies must understand our branding and values and be committed to drive high standards with our resourcing alongside being committed to diversity and inclusion Agency should understand that FRC operates in the public sector and is committed to the attainment of value for money (and minimizing risk). Our supply partners should understand and share that commitment. FRC operates skills-based job family. These job families are: * Actuarial * Audit & Accountancy * Legal * Forensic Accountants * "All Jobs" (roles that fall outside the scope of the above, for example Human Resources, Information Technology and Governance). WE HAVE CREATED A FIND A TENDER ADVERTISEMENT - Publication reference: 2022/S 000-010775 Additional information: THIS IS A CONTRACT AWARD NOTICE This activity relates to the Find a Tender Contract notice Notice reference: 2022/S 000-010775

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-79022070-cd69-4010-b540-cacf4f5f5129
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/094490c7-a4af-42f7-9039-c5c9d19dc11a
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79600000 - Recruitment services

Notice Value(s)

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

Notice Dates

Publication Date
9 Aug 20224 years ago
Submission Deadline
31 May 2022Expired
Future Notice Date
Not specified
Award Date
8 Aug 20224 years ago
Contract Period
1 Sep 2022 - 31 Aug 2026 4-5 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
Postcode Area
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
10
Supplier Names

Goodman Masson Limited

EPQ Recruitment Ltd

Kite Human Capital Limited

Huntswood CTC Limited

Hays Specialist Recruitment Ltd

Pro-Recruitment Group Limited

Michael Page International Recruitment Limited

Robert Walters

MCGREGOR BOYALL ASSOCIATES LIMITED (02095237)

Nexere Consulting Limited

Further Information

Notice Documents

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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