Hello fxtracking
We have an internal knowledge base article about this exact issue. It states that the error message can be ignored. It does not stop the BIOS from updating. The error message is supposed to have been corrected in a lifecycle controller update in Q3 of 2011, so if you have a newer version of the LCE then you will not receive the error. If you are running an older version of the LCE then you can ignore the error.
Thanks