Award

Provision of Employee Screening Services

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 4 releases in its history.

Award

25 Oct 2024 at 15:39

Award Notice
TenderAmendment

06 Sep 2024 at 11:57

Tender Notice
TenderAmendment

29 Aug 2024 at 13:07

Tender Notice
Tender

29 Aug 2024 at 12:25

Tender Notice
Summary of the contracting process

The Financial Reporting Council (FRC) has awarded a contract for the provision of employee screening services, entailing identity, education, employment, and personal checks. Located in London (EC2Y 5AS), the contract was awarded under an open procurement procedure below the threshold to Reed Specialist Recruitment Limited. The contract, starting on 1 November 2024 and ending on 31 October 2027, has an estimated value of £25,000, with a potential capped aggregate of £175,000. This procurement falls under the 'Business and management consultancy services' category and includes recruitment and miscellaneous business-related services. The award was published on 25 October 2024.

This tender offers significant growth opportunities for businesses specialising in HR services, particularly those with expertise in comprehensive employment screening. SMEs are particularly well-positioned to compete, given the open nature of the procurement and the emphasis on delivering high-standard background checks through an online portal. The contract supports the FRC's commitment to high corporate governance standards and could potentially lead to long-term partnerships and contracts in similar regulatory environments. Businesses that are already registered with the DBS for basic checks through a web service will find this opportunity especially relevant to their operations.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Provision of Employee Screening Services

Notice Description

***THIS IS A CONTRACT AWARD NOTICE*** The Financial Reporting Council (FRC) are tendering for a Responsible Organisation (RO) that can fulfil our requirements relating to employee screening and associated services. The Financial Reporting Council (FRC) is an independent regulator which serves the public interest by setting high standards of corporate governance, corporate reporting and audit and by holding to account those responsible for delivering them. The FRC also monitors and takes enforcement action where things go wrong to ensure the proper operation of the market and confidence in the UK economy and the UK's international reputation as an attractive place to do business. The FRC is committed to: * Protecting and improving audit and reporting quality; * Making company reporting fit for the future; * Supporting the creation of the audit of the future; * Ensuring that the world-leading UK Corporate Governance and Stewardship Codes make the UK a great place to do business; * Supporting the FRC's transformation to the Audit, Reporting and Governance Authority (ARGA), a modern, forward-looking regulator. Further details about the FRC can be found on our website www.frc.org.uk The Financial Reporting Council (FRC) are tendering for a Responsible Organisation (RO) that can fulfil our requirements relating to employee screening and associated services. A Responsible Organisation (RO) is an organisation registered with the DBS to submit basic checks through a web service https://www.gov.uk/guidance/responsible-organisations. Our Employment screening core aim is to ensure that individual's suitability to hold employment in the given job role, therefore whilst the employment screening mainly applies to comprises to 'new joiners', there are instances when they are undertaken for individuals who are moving between job roles within an organisation. Our requirements are broadly divided into the four categories below. (1) Identity (2) Education (3) Employment (4) Personal We are looking for a provider to have an online portal service whereby we can request the required checks and receive reports on completed onboarding checks. ***AWARD NOTICE*** Additional information: THIS IS A CONTRACT AWARD NOTICE. THIS TENDER HAS BEEN COMPLETED. The contract value is a estimate only. The FRC will pay for checks undertaken. The FRC reserves the right to extend the contract term. The aggregated contract value will be capped at no greater than PS175k

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f9431b29-83c2-4ee3-a53c-0523abefc5a6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a08d33e0-6988-446d-81ba-eb38cf83810d
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
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79410000 - Business and management consultancy services

79600000 - Recruitment services

79990000 - Miscellaneous business-related services

Notice Value(s)

Tender Value
£25,000 Under £100K
Lots Value
Not specified
Awards Value
£11,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Oct 20241 years ago
Submission Deadline
17 Sep 2024Expired
Future Notice Date
Not specified
Award Date
7 Oct 20241 years ago
Contract Period
1 Nov 2024 - 31 Oct 2027 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
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

REED SPECIALIST RECRUITMENT

Further Information

Notice Documents

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-f9431b29-83c2-4ee3-a53c-0523abefc5a6-2024-10-25T16:39:31+01:00",
    "date": "2024-10-25T16:39:31+01:00",
    "ocid": "ocds-b5fd17-f9431b29-83c2-4ee3-a53c-0523abefc5a6",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "FRC2024-029",
        "title": "Provision of Employee Screening Services",
        "description": "***THIS IS A CONTRACT AWARD NOTICE*** The Financial Reporting Council (FRC) are tendering for a Responsible Organisation (RO) that can fulfil our requirements relating to employee screening and associated services. The Financial Reporting Council (FRC) is an independent regulator which serves the public interest by setting high standards of corporate governance, corporate reporting and audit and by holding to account those responsible for delivering them. The FRC also monitors and takes enforcement action where things go wrong to ensure the proper operation of the market and confidence in the UK economy and the UK's international reputation as an attractive place to do business. The FRC is committed to: * Protecting and improving audit and reporting quality; * Making company reporting fit for the future; * Supporting the creation of the audit of the future; * Ensuring that the world-leading UK Corporate Governance and Stewardship Codes make the UK a great place to do business; * Supporting the FRC's transformation to the Audit, Reporting and Governance Authority (ARGA), a modern, forward-looking regulator. Further details about the FRC can be found on our website www.frc.org.uk The Financial Reporting Council (FRC) are tendering for a Responsible Organisation (RO) that can fulfil our requirements relating to employee screening and associated services. A Responsible Organisation (RO) is an organisation registered with the DBS to submit basic checks through a web service https://www.gov.uk/guidance/responsible-organisations. Our Employment screening core aim is to ensure that individual's suitability to hold employment in the given job role, therefore whilst the employment screening mainly applies to comprises to 'new joiners', there are instances when they are undertaken for individuals who are moving between job roles within an organisation. Our requirements are broadly divided into the four categories below. (1) Identity (2) Education (3) Employment (4) Personal We are looking for a provider to have an online portal service whereby we can request the required checks and receive reports on completed onboarding checks. ***AWARD NOTICE*** Additional information: THIS IS A CONTRACT AWARD NOTICE. THIS TENDER HAS BEEN COMPLETED. The contract value is a estimate only. The FRC will pay for checks undertaken. The FRC reserves the right to extend the contract term. The aggregated contract value will be capped at no greater than PS175k",
        "datePublished": "2024-08-29T13:25:15+01:00",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79410000",
            "description": "Business and management consultancy services"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "79600000",
                "description": "Recruitment services"
            },
            {
                "scheme": "CPV",
                "id": "79990000",
                "description": "Miscellaneous business-related services"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "EC2Y 5AS"
                    },
                    {
                        "postalCode": "EC2Y 5AS"
                    },
                    {
                        "postalCode": "EC2Y 5AS"
                    },
                    {
                        "postalCode": "EC2Y 5AS"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 10000,
            "currency": "GBP"
        },
        "value": {
            "amount": 25000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure (below threshold)",
        "tenderPeriod": {
            "endDate": "2024-09-17T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2024-11-01T00:00:00Z",
            "endDate": "2027-10-31T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/2376cc1e-e669-4d05-9c76-fed82b903619",
                "datePublished": "2024-08-29T13:25:15+01:00",
                "format": "text/html",
                "language": "en",
                "dateModified": "2024-09-06T12:57:43+01:00"
            },
            {
                "id": "2",
                "documentType": "technicalSpecifications",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/1944a71c-7058-4c91-a102-0e878aea48ae",
                "format": "application/pdf"
            },
            {
                "id": "3",
                "documentType": "biddingDocuments",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/06fac92c-3dad-4e9d-8f6f-2d647c28f6ed",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "4",
                "documentType": "technicalSpecifications",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/d1537f6b-b153-4062-916b-95fa15c5e0bd",
                "format": "application/pdf"
            },
            {
                "id": "5",
                "documentType": "biddingDocuments",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/cd08a715-57b0-4364-b2b9-b57dedafecd0",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "6",
                "documentType": "biddingDocuments",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/c64e0f8f-147f-4fc0-9079-4096e0f3ca80",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/Z4T88dvU",
            "name": "THE FINANCIAL REPORTING COUNCIL LIMITED",
            "identifier": {
                "legalName": "THE FINANCIAL REPORTING COUNCIL LIMITED",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/Z4T88dvU"
            },
            "address": {
                "streetAddress": "8th Floor,125 London Wall",
                "locality": "LONDON",
                "postalCode": "EC2Y5AS",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Head of Procurement",
                "email": "procurement@frc.org.uk",
                "telephone": "020 7492 2300"
            },
            "details": {
                "url": "http://www.frc.org.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-06903140",
            "name": "REED SPECIALIST RECRUITMENT LIMITED",
            "identifier": {
                "legalName": "REED SPECIALIST RECRUITMENT LIMITED",
                "scheme": "GB-COH",
                "id": "06903140"
            },
            "address": {
                "streetAddress": "Academy Court,94 Chancery Lane LONDON WC2A 1DT GB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/Z4T88dvU",
        "name": "THE FINANCIAL REPORTING COUNCIL LIMITED"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-f9431b29-83c2-4ee3-a53c-0523abefc5a6-1",
            "status": "active",
            "date": "2024-10-08T00:00:00+01:00",
            "datePublished": "2024-10-25T16:39:31+01:00",
            "value": {
                "amount": 11000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-06903140",
                    "name": "REED SPECIALIST RECRUITMENT LIMITED"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-11-01T00:00:00Z",
                "endDate": "2027-10-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/a08d33e0-6988-446d-81ba-eb38cf83810d",
                    "datePublished": "2024-10-25T16:39:31+01:00",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "technicalSpecifications",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/d1537f6b-b153-4062-916b-95fa15c5e0bd",
                    "format": "application/pdf"
                },
                {
                    "id": "3",
                    "documentType": "biddingDocuments",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/c64e0f8f-147f-4fc0-9079-4096e0f3ca80",
                    "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
                }
            ]
        }
    ]
}