This public procurement record has 1 release in its history.

Award

06 Jul 2026 at 13:21

Summary of the contracting process

The Financial Reporting Council (FRC), a body governed by public law responsible for regulating auditors, accountants, and actuaries, has completed its procurement process for "Insurance Brokerage and related Services" under the Insurance & Related Services 4 framework agreement (RM6323). Based in London, the FRC undertook a contract award without prior publication, following the Crown Commercial Services (CCS) framework provisions. This contract, which falls under the industry category of insurance brokerage services (CPV: 66518000), facilitates service delivery in the UKG31 and UKI regions. The procurement involved a direct award process finalised with an active contract signed on 22nd June 2026, amounting to £55,560.

This concluded procurement presents growth opportunities for businesses engaged in the field of insurance brokerage services, especially those interested in supporting public institutions like the FRC. Large-scale or well-established insurance brokers with expertise in navigating framework agreements could find such opportunities particularly beneficial. Further engagement in similar frameworks can aid businesses in building their reputation and expanding their service offerings within the UK’s public sector. The successful supplier for this contract, Willis Limited, exemplifies the calibre and scale of organisations apt for such engagements.

How relevant is this notice?

Notice Title

Insurance Brokerage and related Services

Notice Description

THIS IS A CONTRACT AWARD NOTICE The Financial Reporting Council (FRC) regulates auditors, accountants and actuaries and sets the UK's Corporate Governance and Stewardship Codes. As the Competent Authority for audit in the UK, we set auditing and ethical standards and monitor and enforce audit quality. FRC has awarded a contract under the Crown Commercial Services (CCS), Insurance & Related Services 4 framework agreement (RM6323).

Lot Information

Lot 1

Insurance Brokerage and related Services (contract 22/06/2026 for four years ).

Procurement Information

The contract was awarded under Crown Commercial Service (CCS) Framework RM6323 - Insurance and Related Services 4, which was established following a competitive procurement process in accordance with the Public Contracts Regulations 2015. The Financial Reporting Council awarded the contract in accordance with the framework agreement and its direct award provisions. As the contract was awarded under an existing framework agreement, no separate call for competition was required.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06c468
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/063235-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66518000 - Insurance brokerage and agency services

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£55,560 Under £100K

Notice Dates

Publication Date
6 Jul 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
21 Jun 20263 weeks ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

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
E14 9GE
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLG31 Birmingham, TLI London

Local Authority
Tower Hamlets
Electoral Ward
Blackwall & Cubitt Town
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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