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Official procurement procedure

Provision of Transcription Services

Documentation services
Legal documentation and certification services
London (UKI)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: THE FINANCIAL REPORTING COUNCIL LIMITED: "Provision of Transcription Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityTHE FINANCIAL REPORTING COUNCIL LIMITEDScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: THE FINANCIAL REPORTING COUNCIL LIMITED
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for THE FINANCIAL REPORTING COUNCIL LIMITED. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
27.3Bids / Report
18.2% of reports have one bid
Supplier ConcentrationHigh Concentration
Reportix GmbhTop vendor: 100% of attributable value
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 35 active published awards; 22 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Historical Awarded Suppliers With This Authority:
Supplier NameHistoric AwardsAttributable GBP Value
Reportix Gmbh1 win£28,000
Procedure terms
Contracting AuthorityTHE FINANCIAL REPORTING COUNCIL LIMITED
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published2 Jun 2025, 11:07 BST
Last source update2 Jun 2025, 11:07 BST
Recurring procurementNot published
ClassificationDocumentation services, Legal documentation and certification services
Delivery area
London (UKI)
OCIDocds-h6vhtk-052a72
What is being bought
The Financial Reporting Council 's Enforcement Division and Legal Services Team (LST) have a requirement for Transcription Services for the provision of: •Transcription services for interviews and presentations carried out during an investigation. •Tribunal Hearings Real-Time Transcription services and Evidence Presentation services (where a hearing takes place virtually). The contract will run for a duration of 36 months with an optional 12-month extension period (option to further extend) which is aligned with the provisions of the G-Cloud 14 RM1557.14 Lot 2 Framework Agreement Terms.
What changed
From the official release history
  1. Status changed to complete
    2 Jun 2025, 11:07 BST
  2. Official notice release published
    2 Jun 2025, 11:07 BST
  3. Buyer information updated
    2 Jun 2025, 11:07 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Call Off Contract award under Crown Commercial Services G-Cloud 14 Framework Agreement RM1557-14 following long and shortlisted search and RFT for the following requirement: The Financial Reporting Council 's Enforcement Division and Legal Services Team (LST) have a requirement for Transcription Services for the provision of: •Transcription services for interviews and presentations carried out during an investigation. •Tribunal Hearings Real-Time Transcription services and Evidence Presentation services (where a hearing takes place virtually). Additional information: Contract Value- The figure indicated in Section II.1.7. Total value of the procurement (excluding VAT) represents an estimated contract value. The total cost of the services is variable and contingent upon the quantity of transcriptions requested and the number of cases and tribunal hearings during the period of the contract.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    2 Jun 2025, 11:07 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 23 May 2025, 00:00 BST · £252,000
Commercial outcome and competition
Awards
EpiQ Europe Ltd
Not published · Not published · active
Contracts
Contract
£252,000 · signed 23 May 2025, 00:00 BST · active
Bid statistics
bids: 2 (lot 1)
Buyer and organisations in this procedure

THE FINANCIAL REPORTING COUNCIL LIMITED

Contracting authority GB-COH-02486368
View buyer profile

  • THE FINANCIAL REPORTING COUNCIL LIMITED
    buyer

    GB-COH: 02486368
    13th Floor, Exchange Tower, 1 Harbour Exchange Square, London, UKI4, E14 9GE
    procurement@frc.org.uk
    +44 2074922300

  • Epiq Europe Ltd
    supplier

    GB-COH: 02656370
    London, UKI

  • Head of Procurement
    reviewBody

    London
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleThe procurement falls outside the scope of the regulations: Call Off Contract award under Crown Commercial Services G-Cloud 14 Framework Agreement RM1557.14