Published date: 5 December 2022

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 25 November 2022, 12pm

Contract summary

Industry

  • Survey services - 79311000

  • Staff development services - 79633000

Location of contract

EC2Y 5AS

Value of contract

£40,000

Procurement reference

FRC2022-0196

Published date

5 December 2022

Closing date

25 November 2022

Closing time

12pm

Contract start date

16 January 2023

Contract end date

15 January 2026

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

THIS IS A CONTRACT AWARD NOTICE


BACKGROUND
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.
Delivering on our purpose will bring a variety of benefits. Improved outcomes, created by each of our regulatory activities are shown in the circle; each of which can positively reinforce others in the circle and contribute to overall benefits for a wide range of stakeholders such as greater transparency, increased trust in UK markets and a lower cost of capital for companies. Our direct stakeholders include companies, institutional investors, auditors, actuaries, accountants and their respective professional bodies.

The FRC typically conducts an annual staff survey. The employee satisfaction survey is a tool used to measure, quantify and analyse the degree to which employees within the FRC are satisfied with their roles and working environments.

Staff surveys are used to identify and understand the status of employees with regards to their motivation, commitment, performance, and other key areas such as leadership, diversity and inclusion as well as their personal and professional development.

THE REQUIREMENT
The requirement was to engage a supplier for a three (3) year contract to administer the FRC staff survey(s). The focus is the annual survey however there may be also be a requirement for pulse surveys.

More information

Previous notice about this procurement

Annual People Survey(s)

  • Opportunity
  • Published 24 October 2022

Attachments

Additional text

THIS IS A CONTRACT AWARD NOTICE

Notes:-

• There will not be a standstill period for this procurement.

• The FRC reserves the right to extend the Agreement (as per the ITT).

Award information

Awarded date

5 December 2022

Contract start date

16 January 2023

Contract end date

15 January 2026

Total value of contract

£40,500

This contract was awarded to 1 supplier.

Survey Solutions Limited

Address

Causeway House,
13 The Causeway,
Teddington,
TW11 0JR

Reference

Companies House number: 3021259

Value of contract

£40,500

Supplier is SME?

Yes

Supplier is VCSE?

No

About the buyer

Contact name

Head of Procurement

Address

8Th Floor,125 London Wall
LONDON
EC2Y 5AS
England

Telephone

020 7492 2300

Email

procurement@frc.org.uk

Website

www.frc.org.uk