Find a TenderAwarded
Published 1 Feb 2024, 15:29 GMT

Official UK procurement notice

Levy Collection Services · UK public procurement notice

Official notice

Authority: THE FINANCIAL REPORTING COUNCIL LIMITED (Central government)

ServicesOpen procedure
Published estimate£400,000exc. VAT1.6% above published estimate
Submissions closed 4 Mar 2024awarded 4 Apr 2024
Awarded to ADETIQ LIMITED

What is being bought

Published requirement description

This is a Contract Award Notice for Levy Collection Services.

CPV: Financial and insurance services

The lotProcurement structure

single lot · no lot value published
Lot #1The FRC is awarding a Contract to a Service Provider for the Levy Administration…AwardedRenewal

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.
Delivery: London
Extensions: 12 Month Extension permitted · 3 years initial term to the option to extend for a further 12 months.Variant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 70
Published sub-criteria (1)
  • Quality/Weighting: 70
Published award criteria (2)
  • Quality/Weighting: 70%
  • Price: Cost/Weighting: 30%
Conditions of participation1

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
No (one-off requirement)
First published
1 Feb 2024, 15:29 GMT
Last source update
24 Apr 2024, 16:25 BST
Award evaluation window
4 Mar 2024 – …
Authority reference
FRC2023-034
FTS notice number
2024/S 000-013351
Classification (CPV)
Financial and insurance services
Delivery area
London (UKI)
Official registry OCID
ocds-h6vhtk-043675 Find a Tender

Publisher note: THIS IS A CONTRACT AWARD NOTICE Contract duration three years with the option to extend by a further year/12 Months (3+1).

How it was run

Official notice
Submission deadline
4 Mar 2024, 12:00 GMT
Submission channel
{"written"}
Accepted languages
en
Bids opened
4 Mar 2024, 12:05 GMT

Timeline

4 Mar 2024 → 24 Apr 2024 · 3 dates
  1. Submission deadline
    4 Mar 2024, 12:00 GMT
  2. Bids opened
    4 Mar 2024, 12:05 GMT
  3. Notice published
    24 Apr 2024, 16:25 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    24 Apr 2024, 16:25 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £406,4791 contract exc. VAT
Bids received 2
Contracts signed 1latest 4 Apr 2024
Awarded toValueDateStatus
ADETIQ LIMITEDSME£406,479 †—Awarded

Contracts

  • Contract 013351-2024-1 · ADETIQ LIMITEDSME

    Signed
    4 Apr 2024
    Value
    £406,479
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids———

Contracting authority & participating public bodies

THE FINANCIAL REPORTING COUNCIL LIMITED

Contracting authorityCentral GovernmentBody governed by public lawEconomic affairs GB-COH: 2486368 8th Floor,125 London Wall, LONDON, London, EC2Y5ASContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Head of ProcurementReview body LondonContact email
  • The Financial Reporting CouncilReview body LondonContact email, phone

Bidders & participating suppliers

1 commercial party on the notice
  • Adetiq LimitedAwarded supplierGB-COH: 02024532 Avery House, 69 North Street,, Portslade, South East, BN41 1DH

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.