---
title: "Levy Collection Services"
ocid: "ocds-h6vhtk-043675"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-043675"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-043675.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-043675.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "THE FINANCIAL REPORTING COUNCIL LIMITED"
published: "2024-04-24"
---

# Levy Collection Services

Buyer: THE FINANCIAL REPORTING COUNCIL LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-043675

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-043675)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-043675.json)

## Summary

The Financial Reporting Council Limited has recently awarded a contract for Levy Collection Services. The procurement stage is complete, with a contract duration of three years and an option to extend by a further 12 months. The award was made to Adetiq Limited, a supplier based in the United Kingdom. The buying organisation's address is located at 8th Floor, 125 London Wall, London, EC2Y5AS, United Kingdom. The procurement falls under the main procurement category of services in the financial and insurance services industry. The contract value amounts to £406,479.48, signed on 4th April 2024.

This contract award for Levy Collection Services provides opportunities for businesses, especially those in the financial and insurance services sector. Companies interested in providing services such as issuing and sending invoices, managing refunds, and account management would be well-suited to compete for this tender. The procurement method used was an open procedure, offering fair competition among potential service providers. The tender originally opened on 1st February 2024, and the award was finalised on 24th April 2024. Businesses aiming to grow through public procurement can find detailed information on this opportunity on the Financial Reporting Council's website.

## Notice

This is a Contract Award Notice for Levy Collection Services.

### Lot Information

Lot 1

The FRC is awarding a Contract to a Service Provider for the Levy Administration Collection Services including but not limited to * Issuing and sending all invoices to all Levy Payers * Reminders and Chasers * Payment request enquiries * Reconciliation of Levies received * Managing Refunds * Operation and Customer Service * Account Management * Reporting and MI.

Options: 12 Month Extension permitted

Renewal: 3 years initial term to the option to extend for a further 12 months.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/013351-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Apr 2024 |
| Submission deadline | 4 Mar 2024 |
| Future notice date | Not specified |
| Award date | 3 Apr 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £400,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £406,479 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THE FINANCIAL REPORTING COUNCIL LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2Y 5AS |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Bassishaw |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London, TLI31 Camden and City of London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ADETIQ |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 24 Apr 2024 at 15:25 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/013351-2024
- 1 Feb 2024 at 15:29 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/003401-2024

## Notice URLs

- http://www.frc.org.uk
- https://www.contractsfinder.service.gov.uk/Notice/038474a7-d56e-4d99-9d35-fa0ae26eb982

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-043675. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-043675.json.