Published date: 31 August 2023

This notice was replaced on 20 November 2023

This notice does not contain the most up-to-date information about this procurement. The most recent notice is:

Awarded contract (published 20 November 2023)

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Contract summary

Industry

  • Administrative services for business operations - 75112000

  • Business services: law, marketing, consulting, recruitment, printing and security - 79000000

Location of contract

EC2Y 5AS

Value of contract

£0 to £165,000

Procurement reference

FRC2023-0145

Published date

31 August 2023

Closing date

19 September 2023

Closing time

12pm

Contract start date

2 October 2023

Contract end date

1 October 2027

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

The UK Accounting Standards Endorsement Board (UKEB) influences, endorses and adopts new or amended international accounting standards issued by the International Accounting Standards Board for use by UK companies. The UKEB consults publicly with stakeholders that have an interest in financial reporting in the UK so that it can develop and represent evidence-based UK views with the aim of acting as the UK voice on IFRS financial reporting.

The UK Financial Reporting Council (FRC) has oversight responsibility in respect of the UKEB's adherence to robust governance and due process. It also provides operational support to UKEB. The FRC does not have the power to direct the UKEB in relation to the determination of its programme of work or the outcome of its technical decision-making.

The FRC is undertaking this procurement on behalf of the UKEB, as part of the operational support services it provides to UKEB. The supplier contract will be with FRC but the service requirements will be directed by UKEB and provided to UKEB.

UKEB is seeking to procure professional minute-taking services. The Services are primarily required for the range of Advisory Groups and Working Groups that UKEB has set up as a key part of its stakeholder engagement strategy. There may, however, also be other meetings for which UKEB could request minute-taking services on an ad-hoc basis.

This procurement seeks to procure a provider to deliver Professional minute-taking services at a range of UKEB advisory and working group meetings. These meetings occur in London, during office hours and with a duration of between 3 and 6 hours. The minute-taker is not required to attend the meetings in-person. The standard procedure will be that the minute-taker attend the meetings virtually via Microsoft Teams or any other online platform that UKEB may utilise from time to time. If, in a particular circumstance, the minute-taker is required to attend in-person then that will be agreed in advance between UKEB and the supplier.

PLEASE SEE ATTACHED INVITATION TO TENDER (ITT) FOR FULL DESCRIPTION.

More information

Attachments

Additional text

Notes:-

• Download and review the documents;

• Observe the timelines and tender process

• Register your interest in this opportunity by email to procurement@frc.org.uk

• You will need to register your interest in this opportunity to receive the Q&A responses.

• There is no spend commitment (the UKEB and/FRC will pays for Services instructed/delivered). The contract will be up to four years.

About the buyer

Contact name

Head of Procurement

Address

8Th Floor,125 London Wall
LONDON
EC2Y5AS
England

Telephone

020 7492 2300

Email

procurement@frc.org.uk

Website

https://www.frc.org.uk