Published date: 1 August 2022

This notice was replaced on 10 August 2022

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

Opportunity (published 10 August 2022)

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

  • Public relations services - 79416000

Location of contract

EC2Y 5AS

Value of contract

£200,000 to £600,000

Procurement reference

FRC2022-0150

Published date

1 August 2022

Closing date

5 September 2022

Closing time

12pm

Contract start date

1 October 2022

Contract end date

30 September 2026

Contract type

Service contract

Procedure type

Open procedure (above threshold)

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

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes


Description

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.

The FRC is committed to
• Supporting the creation of a new regulator, the Audit, Reporting and Governance Authority (ARGA), into a high performing new robust and independent regulator, acting in the public interest and provide increased confidence in the UK market. Protecting and improving audit and reporting quality.
• Making company reporting fit for the future.
• Supporting the creation of the audit of the future
• Ensuring that the world-leading UK Corporate Governance and Stewardship Codes make the UK a great place to do business, helping support Covid-19 recovery and UK prosperity.

This project relates to our requirement for an agency offering an integrated approach to strategic communications and public affairs with extensive experience in helping public interest bodies with engagement programmes with all of its stakeholders to improve/influence perceptions.

The Agency should :-
• Be experienced in supporting organisations undertaking extensive change programmes as the FRC transitions into a new regulator ARGA, including with internal communications
• Provide creative approaches to creating content for a range of audiences through a number of traditional communication and digital channels and platforms
• Have strong experience in supporting financial services organisations both in the corporate and regulatory world in times of public and government scrutiny/regulatory change
• Have expertise in navigating government departments and parliamentary groups including developing briefings for offices and Select Committees and measuring influence
• Have demonstrable experience in designing and supporting communications campaigns targeted at business, professional services and/or government
• Possess the ability to provide media training and committee appearance practice for senior staff
• Possess excellent written skills to summarise key research and findings into easily digestible collateral, and design thinking to recommend where infographics/visual content will have greater impact
• Provide insights and market knowledge to suggest and promote thought leadership opportunities for the FRC.

• Provide stakeholder mapping of UK media, regulatory and political landscapes and monitoring/measurement of stakeholder perceptions of the activities and influence of the FRC and our communications

FURTHER DETAILS
Full details are available in the attached Invitation to Tender (ITT) document.


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.


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

www.frc.org.uk