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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.
The purpose of the FRC is to serve the public interest and support UK economic growth by upholding high standards of corporate governance, corporate reporting, audit and actuarial work.
Our people are our strength, and we have been working over several years to improve our culture, diversity and approach to leadership development. We require Leadership Development Training Services (specifically, for those in senior leader roles whether established, new recruited or newly promoted). We intend to have an additional supplier(s) for a structured programme of leadership development so that our senior leaders can engage with leaders at a similar job level/grade across other sectors and have the option to undertake this type of training in a residential as well as online setting.
We have identified the need to appoint a preferred supplier(s) to facilitate the training needs of senior leaders within our organisation on a 'needs when' basis. Whether this be for established FRC leaders, those recruited into senior roles or those internally promoted into senior leadership roles.
The aim of the leadership development is for the FRC delegate to develop and enhance skills which will enable them to lead in times of uncertainty and ambiguity and ensure organisational agility in an ever-evolving financial landscape.
The programme should be: -
| Supplier | Identifier | Award Value | Lots Won | Cross-References |
|---|---|---|---|---|
| GLOBAL KNOWLEDGE NETWORK TRAINING LIMITED | 05462286 | ~£75,000 estimated from lot values | 1 lot Lot 1 | - |
| UNIVERSITY OF WARWICK | RC000678 | ~£75,000 estimated from lot values | 1 lot Lot 1 |
This procurement was divided into 1 lots, each awarded separately.
| Lot | Value | Awarded To | Status |
|---|---|---|---|
| Lot 1 Sept 2025 – Aug 2028 | £75,000 | active |
Government spending data: These suppliers have received £1,226,814 in 96 payments (over £25k) from Coventry and Warwickshire Partnership NHS Trust, University Hospitals Bristol and Weston NHS FT, Cambridgeshire Constabulary, HM Land Registry, Cabinet Office and 9 more public bodies (2013-04-18 to 2026-03-01).