Red One Ltd Corporate Governance Consultancy

Tender description

The Devon & Somerset Fire & Rescue Authority is the sole shareholder in Red One Ltd. ("the company"), an "unlisted" private company established by the Authority to deliver its commercial trading aspirations in accordance with relevant legislation. The Authority is seeking to commission an appropriately skilled and experienced organisation to work with the company, on its behalf, in developing and delivering an action plan and putting in place an appropriate, proportionate and robust governance framework, with appropriate documentation and processes, compliant with existing best practice, including the Institute of Directors Corporate Governance Guidance and Principles for Unlisted Companies in the UK. For the purpose of this work, assume there is little or no governance framework in place, other than the Articles of Association for the Company (attached), which may need to be reviewed to enhance clarity of relationship between the company and the Authority and specifically to reflect that the Authority is the sole member of the company.