Award

Stakeholder engagement support and services

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 2 releases in its history.

Award

17 Jan 2025 at 12:18

Award Notice
Tender

16 Dec 2024 at 16:12

Tender Notice
Summary of the contracting process

The Financial Reporting Council (FRC) has completed a procurement process titled "Stakeholder engagement support and services" within the industry category of business services including law, marketing, consulting, recruitment, printing, and security. This procurement, located in London (postal code EC2Y 5AS), has successfully reached the award stage. Key dates include the end of the tender period on 8th January 2025 and the contract period starting on 20th January 2025, lasting until 19th January 2026. The procurement was conducted through an open procedure, with the contract valued at GBP 84,000, with potential extension options up to GBP 175,000. Nepean Communications Limited has been selected as the supplier for this contract.

This tender presents significant opportunities for businesses specialising in strategic communications, stakeholder engagement, and public affairs, especially those with experience in supporting public interest bodies and financial services organisations under regulatory scrutiny. SMEs and VCSEs are particularly encouraged to compete due to the open procurement method and specific suitability requirements. Companies with a creative approach to accessible content on technical policies, experience with extensive change programmes, and the ability to provide insights into international market impacts stand to benefit and grow their business through this engagement with the FRC.

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Notice Information

Notice Title

Stakeholder engagement support and services

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. 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. This project relates to our requirement for Stakeholder engagement support and services. Project Requirements * An agency offering an integrated approach to support with strategic communications, stakeholder engagement and public affairs * Extensive experience in helping public interest bodies with engagement programmes across the full breadth of its stakeholder base to understand and improve perceptions * Experience in supporting organisations undertaking extensive change programmes * Creative approaches to accessible content for a range of audiences on 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 * As necessary, provide communications support to the team to ensure a holistic and responsive service * The ability to provide insight into the shifting international environment and analyse possible impact on the UK market. THE CONTRACT HAS BEEN AWARDED. Additional information: THIS IS A CONTRACT AWARD NOTICE. Note: The value reflects one year costs. The FRC reserves the right to extend the contract (capping at no greater than PS175k)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c6f15fbc-c15c-459b-89d8-acb0aef342e3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f417a3a3-bbe6-443e-a620-b728abc9176e
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

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£84,000 Under £100K
Lots Value
Not specified
Awards Value
£84,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Jan 20251 years ago
Submission Deadline
8 Jan 2025Expired
Future Notice Date
Not specified
Award Date
16 Jan 20251 years ago
Contract Period
20 Jan 2025 - 19 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

NEPEAN COMMUNICATIONS

Further Information

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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