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AwardedFind a Tender · award

Management Consultancy Service

Buyer: THE FINANCIAL REPORTING COUNCIL LIMITED →

BuyerTHE FINANCIAL REPORTING COUNCIL LIMITED
StatusAwarded
DeadlineNot published
ValueValue not published
Published21 Aug 2026

What is being bought

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)

Delivery location

UKG31 · UKI

Categories

Business and management consultancy services 79410000

Lot details

Lot 1

THIS IS A CONTRACT AWARD NOTICE Consultancy Services.

Statuscancelled

Award criteria
Proposal quality — 70
price — 30

What is included

ItemCategoryQuantity
1Not publishedNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 79. The category anchor is Business and management consultancy services (79410000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 797,2034 median · 34.7 average (2,608 of 7,203 with a bid count)3.3 average (2,937 of 7,203 with named award suppliers)Not published
Same buyer0Not publishedNot publishedNot published
Delivery region: UKG31492 median · 3.3 average (13 of 49 with a bid count)1 average (16 of 49 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleThe 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.
Rationale classificationsThe procurement falls outside the scope of application of the directive
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

079925-2026-1

Statusactive
Value£125,000

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-06e99f
Latest release ID079925-2026
Latest release timestampFri Aug 21 2026 12:24:28 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methodlimited
Procurement method detailsAward procedure without prior publication of a call for competition
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release1
Parties in latest release3

Notice history

DateEventReference
21 Aug 2026award, contract079925-2026

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
{
  "id": "079925-2026",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2026-08-21T13:24:28+01:00",
  "ocid": "ocds-h6vhtk-06e99f",
  "buyer": {
    "id": "GB-COH-2486368",
    "name": "THE FINANCIAL REPORTING COUNCIL LIMITED"
  },
  "awards": [
    {
      "id": "079925-2026-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-OC442883",
          "name": "ASHURST PERKINS COIE RISK ADVISORY LLP"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "FRC2026-024",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "options": {
          "description": "Additional Services of the same nature."
        },
        "hasOptions": true,
        "description": "THIS IS A CONTRACT AWARD NOTICE\nConsultancy Services.",
        "awardCriteria": {
          "criteria": [
            {
              "name": "Proposal quality",
              "type": "quality",
              "description": "70"
            },
            {
              "type": "price",
              "description": "30"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKG31"
          },
          {
            "region": "UKI"
          }
        ]
      }
    ],
    "title": "Management Consultancy Service",
    "status": "complete",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "THIS IS A CONTRACT AWARD NOTICE\nThe 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.\nFRC has awarded a contract under the Government Commercial Agency  (GCA) Management Consultancy Framework Four (MCF4) framework agreement (Lot 1)",
    "classification": {
      "id": "79410000",
      "scheme": "CPV",
      "description": "Business and management consultancy services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "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.\nThe 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.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_OUTSIDE_SCOPE",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The procurement falls outside the scope of application of the directive"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-COH-2486368",
      "name": "THE FINANCIAL REPORTING COUNCIL LIMITED",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI42",
        "locality": "London",
        "postalCode": "E14 9GE",
        "countryName": "United Kingdom",
        "streetAddress": "13th Floor, 1 Harbour Exchange Square"
      },
      "details": {
        "url": "https://www.frc.org.uk/",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
          }
        ]
      },
      "identifier": {
        "id": "2486368",
        "scheme": "GB-COH",
        "legalName": "THE FINANCIAL REPORTING COUNCIL LIMITED"
      },
      "contactPoint": {
        "name": "Head of Procurement",
        "email": "procurement@frc.org.uk"
      }
    },
    {
      "id": "GB-COH-OC442883",
      "name": "ASHURST PERKINS COIE RISK ADVISORY LLP",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKI",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "OC442883",
        "scheme": "GB-COH",
        "legalName": "ASHURST PERKINS COIE RISK ADVISORY LLP"
      }
    },
    {
      "id": "GB-FTS-51180",
      "name": "The Financial Reporting Council",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "The Financial Reporting Council"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "079925-2026-1",
      "value": {
        "amount": 125000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "079925-2026-1",
      "dateSigned": "2026-07-31T00:00:00+01:00"
    }
  ],
  "initiationType": "tender"
}
Complete JSON history (1 releases)
21 Aug 2026 · 079925-2026 · award, contract
{
  "id": "079925-2026",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2026-08-21T13:24:28+01:00",
  "ocid": "ocds-h6vhtk-06e99f",
  "buyer": {
    "id": "GB-COH-2486368",
    "name": "THE FINANCIAL REPORTING COUNCIL LIMITED"
  },
  "awards": [
    {
      "id": "079925-2026-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-OC442883",
          "name": "ASHURST PERKINS COIE RISK ADVISORY LLP"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "FRC2026-024",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "options": {
          "description": "Additional Services of the same nature."
        },
        "hasOptions": true,
        "description": "THIS IS A CONTRACT AWARD NOTICE\nConsultancy Services.",
        "awardCriteria": {
          "criteria": [
            {
              "name": "Proposal quality",
              "type": "quality",
              "description": "70"
            },
            {
              "type": "price",
              "description": "30"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKG31"
          },
          {
            "region": "UKI"
          }
        ]
      }
    ],
    "title": "Management Consultancy Service",
    "status": "complete",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "THIS IS A CONTRACT AWARD NOTICE\nThe 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.\nFRC has awarded a contract under the Government Commercial Agency  (GCA) Management Consultancy Framework Four (MCF4) framework agreement (Lot 1)",
    "classification": {
      "id": "79410000",
      "scheme": "CPV",
      "description": "Business and management consultancy services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "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.\nThe 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.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_OUTSIDE_SCOPE",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The procurement falls outside the scope of application of the directive"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-COH-2486368",
      "name": "THE FINANCIAL REPORTING COUNCIL LIMITED",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI42",
        "locality": "London",
        "postalCode": "E14 9GE",
        "countryName": "United Kingdom",
        "streetAddress": "13th Floor, 1 Harbour Exchange Square"
      },
      "details": {
        "url": "https://www.frc.org.uk/",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
          }
        ]
      },
      "identifier": {
        "id": "2486368",
        "scheme": "GB-COH",
        "legalName": "THE FINANCIAL REPORTING COUNCIL LIMITED"
      },
      "contactPoint": {
        "name": "Head of Procurement",
        "email": "procurement@frc.org.uk"
      }
    },
    {
      "id": "GB-COH-OC442883",
      "name": "ASHURST PERKINS COIE RISK ADVISORY LLP",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKI",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "OC442883",
        "scheme": "GB-COH",
        "legalName": "ASHURST PERKINS COIE RISK ADVISORY LLP"
      }
    },
    {
      "id": "GB-FTS-51180",
      "name": "The Financial Reporting Council",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "The Financial Reporting Council"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "079925-2026-1",
      "value": {
        "amount": 125000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "079925-2026-1",
      "dateSigned": "2026-07-31T00:00:00+01:00"
    }
  ],
  "initiationType": "tender"
}