Closed tender

Legal Services Framework Agreement

Details

Value
£2,040,000
Topic
Legal services
Published
4 April 2024
Submission
21 May 2024

Tender description

THIS IS A CONTRACT AWARD NOTICE - THIS TENDER HAS BEEN COMPLETED/AWARDED. The Financial Reporting Council (FRC) is an independent regulator which serves the public interest by setting high standards of corporate governance, corporate reporting and audit and by holding to account those responsible for delivering them. The FRC also monitors and takes enforcement action where things go wrong to ensure the proper operation of the market and confidence in the UK economy and the UK's international reputation as an attractive place to do business. The purpose of this exercise is to create a Framework Agreement to provide a panel of law firms (the panel) to provide legal services for the FRC, through the FRC's in-house legal team. The legal team advises on a wide range of issues, including but not limited to: • creating, implementing, using and maintaining the FRC's powers and procedures; • developing and maintaining legally sound policies across the FRC; • information handling, sharing and risk; • corporate legal advice (eg on contracts, governance, intellectual property rights, brand and logo use, insurance etc); • responding to challenges (eg judicial review and complaints) as well as all litigation taken by, and against, the FRC; PLEASE NOTE THIS OPPORTUNITY WAS ALSO PUBLISHED ON FIND A TENDER Additional information: Additional text THIS IS A CONTRACT AWARD NOTICE - THIS TENDER HAS BEEN COMPLETED/AWARDED. The Framework Agreement is for a duration of four years with the option to extend by 1 year (as per the original notices).

Timeline

  1. Completed: Tender published4 April 2024
    Current notice
  2. Completed: Submission date21 May 2024

About the buyer

The Financial Reporting Council is a public sector organisation that buys as a central government body. A procurement team within Corporate Services handles its purchasing. Suppliers are expected to follow good practice in information security, financial management and business continuity.

Over the past 5 years, most of Financial Reporting Council's contract awards have been in research and development, business services and IT services.

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