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Professional Services

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 1 release in its history.

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21 Aug 2026 at 14:04

UK7 - Contract Details Notice
Summary of the contracting process

The Financial Reporting Council Limited bought professional services from Three Plus Consulting Ltd. The requirement is business and management consultancy and related services, covering professional support to the regulator. The work is delivered in London and is relevant to consultancies providing business advice, management consultancy or associated professional services. The buyer is a UK public authority based in London. The procurement was organised as a single requirement rather than separate service lots, so suppliers would need to provide the required professional services as one coherent offering. This opportunity is most relevant to established consultancy businesses able to support a central-government-type public authority with business and management advice and related professional expertise.

This procurement has been awarded and the tender is complete. The Financial Reporting Council signed the contract with Three Plus Consulting Ltd on 31 March 2026. The contract runs from 1 April 2026 to 31 March 2027, with a maximum extension date of 31 December 2027. Its stated value is £24,999 excluding tax and £206,400 including tax. The award is active and the contract is active. It was a below-threshold procurement using a procedure recorded as unknown, with one completed lot. The arrangement includes options and renewal for services of the same nature, subject to cost. The awarded supplier is Three Plus Consulting Ltd.

This award demonstrates demand from the Financial Reporting Council for business and management consultancy and related professional services. A credible competitor for the same requirement would need a broad consultancy capability, with the capacity to provide professional services to a UK public authority and to deliver a coherent service rather than a narrowly isolated task. Experience of advising regulated organisations or supporting public-sector governance, reporting, management or business improvement would help demonstrate relevance, although the award data does not identify a specific accreditation or technical specialism. The selected supplier is a large consultancy, indicating that scale and the ability to resource ongoing professional support are commercially relevant when this buyer next requires services of the same nature.

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Notice Information

Notice Title

Professional Services

Notice Description

THIS IS A CONTRACT AWARD NOTICE The Financial Reporting Council (FRC) entered into a contract for professional services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06e9ae
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/079951-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£24,999 Under £100K

Notice Dates

Publication Date
21 Aug 20265 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Mar 20264 months ago
Contract Period
1 Apr 2026 - 31 Mar 2027 6-12 months
Recurrence
Not specified

Notice Status

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

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
E14 9GE
Postcode Area
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
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Blackwall & Cubitt Town
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

Three Plus Consulting Ltd

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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