Award

Provision of 360-degree Services

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 2 releases in its history.

Award

12 May 2023 at 15:59

Award Notice
Tender

03 Apr 2023 at 09:48

Tender Notice
Summary of the contracting process

The Financial Reporting Council (FRC) has recently awarded a contract for the provision of 360-degree services. The FRC, based in London, is a regulatory body aiming to set high standards in corporate governance, reporting, and audit. The tender process was completed on April 19, 2023, with a contract period starting on May 16, 2023, and ending on May 15, 2025. The contract, valued at £24,000 GBP annually, was awarded to GATENBYSANDERSON LIMITED, a consultancy firm specialised in human resources management.

This procurement opportunity by the FRC offers a chance for businesses, particularly in the services sector, to engage in providing leadership development services. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to compete. The procurement method utilised was an open procedure, providing transparency and equal opportunity. The aim is to support the FRC in enhancing its leadership capabilities through the delivery of efficient and thorough 360-degree services, facilitating professional growth within the organisation.

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Notice Information

Notice Title

Provision of 360-degree 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. The FRC promotes transparency and integrity in business by setting codes and standards for accounting and actuarial work reviewing the quality of corporate reporting and audit: and taking enforcement action where necessary. The teams at FRC comprises of high calibre individuals who work in a collaborative and professional manner. The FRC acknowledges that a range of leadership capabilities are required to support the needs of the individuals and organisation. Those leadership capabilities include: - * Leading and Managing Change * Delivery focused and accountable for making evidence-based decisions * Developing People we are seeking to work with a specialist provider to 360-degree (360o) services. The 360 review process (i.e. obtaining feedback on an employees performance and development needs from their colleagues, manager and others who interact with them regularly) will help to meet the FRC's aim of measuring how our leadership capabilities are being role modelled, embedded and demonstrated in practice across our organisation (and to provide efficient, thorough, and accurate assessment of performance). ***AWARD NOTICE*** Additional information: THIS IS A CONTRACT AWARD NOTICE. THIS TENDER HAS BEEN COMPLETED. The Award value reflects an annual value. The Contract is for two years with the option to further extend.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-db89ae0e-8fd3-45a7-9d6d-3d9051f1ceee
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d7321b2d-68a3-466f-a575-6ec20b05386d
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

79414000 - Human resources management consultancy services

Notice Value(s)

Tender Value
£24,000 Under £100K
Lots Value
Not specified
Awards Value
£19,985 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
12 May 20232 years ago
Submission Deadline
19 Apr 2023Expired
Future Notice Date
Not specified
Award Date
11 May 20232 years ago
Contract Period
15 May 2023 - 15 May 2025 2-3 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
Head of Procurement
Contact Email
procurement@frc.org.uk
Contact Phone
020 7492 2300

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

GATENBYSANDERSON

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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