---
title: "Management Consultancy Service"
ocid: "ocds-h6vhtk-06e99f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-06e99f"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-06e99f.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-06e99f.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "THE FINANCIAL REPORTING COUNCIL LIMITED"
published: "2026-08-21"
---

# Management Consultancy Service

Buyer: THE FINANCIAL REPORTING COUNCIL LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-06e99f

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## Summary

The Financial Reporting Council, the UK regulator for auditors, accountants and actuaries, bought management consultancy services. Its responsibilities include setting the UK’s Corporate Governance and Stewardship Codes, acting as the UK’s competent authority for audit, and setting auditing and ethical standards while monitoring and enforcing audit quality. The requirement was for consultancy services supporting the FRC’s work. Delivery locations are Birmingham and London. The procurement was for services rather than goods or construction, and was classified as business and management consultancy services (CPV 79410000). The arrangement also allowed the buyer to purchase additional services of the same nature. The selected supplier, Ashurst Perkins Coie Risk Advisory LLP, is a large London-based organisation.

This is an awarded procurement. The FRC used a limited procedure without publishing a separate call for competition, making a direct award under the Government Commercial Agency Management Consultancy Framework Four, Lot 1. The framework had already been competitively procured, and the FRC used its direct-award provisions. Ashurst Perkins Coie Risk Advisory LLP was selected, with one bid recorded. The contract value is £125,000. The contract was signed on 31 July 2026 and is active. Evaluation was based on proposal quality, weighted at 70%, and price, weighted at 30%. The single lot is recorded as cancelled, although the associated award and contract are active.

This award shows that the FRC uses an established public-sector management consultancy framework and direct-award route for consultancy requirements. Competitors seeking comparable work would need to be able to access and operate through the relevant framework route, and to present a strong written proposal: quality carried substantially more weight than price. The requirement is relevant to firms with credible business and management consultancy capability for a financial-regulatory client, particularly where work needs to align with audit, accounting, actuarial, governance, stewardship, ethical-standard or audit-quality responsibilities. A large supplier was selected, indicating that bidders should be able to demonstrate sufficient organisational capacity and professional credibility for work supporting a national regulator.

## Notice

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 Government Commercial Agency (GCA) Management Consultancy Framework Four (MCF4) framework agreement (Lot 1)

### Lot Information

Lot 1

THIS IS A CONTRACT AWARD NOTICE Consultancy Services.

Options: Additional Services of the same nature.

### Procurement Information

The contract was awarded under Government Commercial Agency (GCA) Framework RM6309 - Management Consultancy Framework Four (MCF4) , 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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/079925-2026 |
| 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 |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 21 Aug 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 31 Jul 2026 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £125,000 |

## 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 |
| Postcode area | East London |
| Postcode | E14 9GE |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Blackwall & Cubitt Town |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | TLG31 Birmingham, TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ASHURST PERKINS COIE RISK ADVISORY LLP |

## CPV Codes

### Divisions

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

### Codes

- 79410000 - Business and management consultancy services

## Release History

- 21 Aug 2026 at 13:24 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/079925-2026

## Notice URLs

- https://www.frc.org.uk/

## 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-06e99f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-06e99f.json.