Source: https://tendernation.io/opportunities/01a13ca7-c743-70c5-9e54-59e70fac7f23/insurance-brokerage-services

awarded GB open procedure Suitable for SMEs

# Insurance Brokerage Services

[The Financial Reporting Council Limited](https://tendernation.io/buyers/the-financial-reporting-council-limited)

Estimated value

£15,000 to £60,000

Published

2 Dec 2021

Deadline

Closed

23 Dec 2021

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Buyer says suitable for VCSEs

    The buyer ticked “suitable for voluntary, community and social enterprises” on the notice.
- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

\*\*\*THIS OPPORTUNITY IS CLOSED. THIS IS A CONTRACT AWARD NOTICE\*\*\*

The Financial Reporting Council sets the UK accounting, audit and actuarial standards and administers the Corporate Governance and Stewardship Codes. As the competent authority for audit in the UK the FRC sets auditing and ethical standards and monitors and enforces audit quality. The FRC works in the public interest. Our work is aimed at investors and others who rely on company reports, audit, and high-quality risk management.

### The Financial Reporting Council is committed to

â&#128;¢ supporting the creation of a new regulator, the Audit, Reporting and Governance Authority (ARGA), which will be a strong and fit for-purpose regulator and provide increased confidence in the UK market.

â&#128;¢ Protecting and improving audit and reporting quality.

â&#128;¢ Making company reporting fit for the future.

â&#128;¢ Supporting the creation of the audit of the future

â&#128;¢ 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.

We also monitor and take action to promote the quality of corporate reporting and operate independent enforcement arrangements for accountants and actuaries. Further information about our role can be found at [frc.org.uk](https://www.frc.org.uk).

This Notice was related to our Insurance Brokerage Services Project.

The FRC appointed a registered insurance broker/broker firm to procure competitive insurance covers and premiums, net of broking commission. Schedule A contains details of the wide portfolio of insurances maintained by the FRC. The appointed broker will be providing the following services: -

â&#128;¢ advice and assistance as required on all aspects of the FRC's insurance needs;

â&#128;¢ advice on, and negotiation of, renewal terms and premiums for the policies detailed in Schedule A;

â&#128;¢ advice on the levels of cover held and/or indemnities to be maintained under these policies;

â&#128;¢ advice and assistance on the processing of claims.

Full details are available in the attached Invitation to Tender (ITT) and associated documents.

Additional information: THIS OPPORTUNITY IS CLOSED. THIS IS A CONTRACT AWARD NOTICE.

Read full description

## CPV classification

Insurance brokerage services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/eec7906b-74e0-493f-9361-54669ebac96b)

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[Buyer profile The Financial Reporting Council Limited: past awards and live tenders](https://tendernation.io/buyers/the-financial-reporting-council-limited) [Sector More Financial & insurance services tenders](https://tendernation.io/sectors/financial-insurance-services)

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