Tender

Provision of Strategic communications and public affairs advisory services

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 3 releases in its history.

TenderUpdate

10 Aug 2022 at 14:55

TenderUpdate

01 Aug 2022 at 15:13

Tender

01 Aug 2022 at 14:59

Summary of the contracting process

The Financial Reporting Council Limited has initiated a tender process with the title "Provision of Strategic communications and public affairs advisory services" in the services category. The tender is currently in the active stage with a deadline on 5th September 2022 at 12:00 noon. The project aims to assist in creating a new regulator, the Audit, Reporting and Governance Authority (ARCA), ensuring high standards of corporate governance and audit. The buying organisation is based in London, UK, with procurement details available on the FRC website.

This tender presents an opportunity for agencies experienced in strategic communications and public affairs to engage with a high-profile organisation concerned with corporate governance and reporting. Businesses specialising in public relations services, especially those with experience in stakeholder engagement and regulatory environments, are well-suited to compete. The procurement method is open, and the contract value is £600,000. Further information can be found in the attached Invitation to Tender document available via Contracts Finder or by contacting procurement@frc.org.uk.

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Notice Title

Provision of Strategic communications and public affairs advisory services

Notice Description

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 is committed to * Supporting the creation of a new regulator, the Audit, Reporting and Governance Authority (ARGA), into a high performing new robust and independent regulator, acting in the public interest and provide increased confidence in the UK market. 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, helping support Covid-19 recovery and UK prosperity. This project relates to our requirement for an agency offering an integrated approach to strategic communications and public affairs with extensive experience in helping public interest bodies with engagement programmes with all of its stakeholders to improve/influence perceptions. FURTHER DETAILS Full details are available in the attached Invitation to Tender (ITT) document.

Lot Information

Lot 1

Provision of Strategic communications and public affairs advisory services. This project relates to our requirement for an agency offering an integrated approach to strategic communications and public affairs with extensive experience in helping public interest bodies with engagement programmes with all of its stakeholders to improve/influence perceptions. The Agency should :- * Be experienced in supporting organisations undertaking extensive change programmes as the FRC transitions into a new regulator ARGA, including with internal communications * Provide creative approaches to creating content for a range of audiences through a number of traditional communication and digital channels and platforms * Have strong experience in supporting financial services organisations both in the corporate and regulatory world in times of public and government scrutiny/regulatory change * Have expertise in navigating government departments and parliamentary groups including developing briefings for offices and Select Committees and measuring influence * Have demonstrable experience in designing and supporting communications campaigns targeted at business, professional services and/or government * Possess the ability to provide media training and committee appearance practice for senior staff * Possess excellent written skills to summarise key research and findings into easily digestible collateral, and design thinking to recommend where infographics/visual content will have greater impact * Provide insights and market knowledge to suggest and promote thought leadership opportunities for the FRC. * Provide stakeholder mapping of UK media, regulatory and political landscapes and monitoring/measurement of stakeholder perceptions of the activities and influence of the FRC and our communications

Options: Duration two years with the option to extend by a further two years (2+2)

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0357ed
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/022054-2022
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79416000 - Public relations services

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
£600,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Aug 20223 years ago
Submission Deadline
4 Sep 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
THE FINANCIAL REPORTING COUNCIL LIMITED
Contact Name
Head of Procurement
Contact Email
procurement@frc.org.uk
Contact Phone
+44 2074922300

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
TLI London

Local Authority
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

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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