RFP QuestBeta
Awarded · ResultStage · contract

THE FINANCIAL REPORTING COUNCIL LIMITED

Risk & Controls management software

Financial ServicesCPV 66517300 72000000
Value£56k
Awarded18 Aug 2022
Published3 Oct 2022
RegionNationwide
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£56ktotal contract value
median £150k
this tender£0£4.7m

This sits in the lower-middle of the Financial & Insurance Services band — a mid-scale opportunity. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

THIS IS A CONTRACT AWARD NOTICE The purpose of the Financial Reporting Council (FRC) is to serve the public interest by setting high standards of corporate governance, reporting and audit and by holding to account those responsible for delivering them.

As part of our commitment to improving our organisational risk maturity we have identified the benefits of an automated reporting tool, to support better analytics and insight for data-driven decisions and address staff concerns.

The tender was to procure Risk management software to embed optimum risk management across organisation.

A Risk & Controls management software covering all functionality, cloud hosting, unlimited storage, support services (both telephone and email support), proactive), quarterly review meetings, pro-active account management, bug fixes and ongoing functional development of the software, training and training material(s).

Requirements

What the notice asks for

01

The purpose of the Financial Reporting Council

The purpose of the Financial Reporting Council (FRC) is to serve the public interest by setting high standards of corporate governance, reporting and audit and by holding to account those responsible for delivering them.

02

As part of our commitment to improving

As part of our commitment to improving our organisational risk maturity we have identified the benefits of an automated reporting tool, to support better analytics and insight for data-driven decisions and address staff concerns.

Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.

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Source & provenance
OCID
8a1fbabc-3f0c-4b8c-b37b-05e24ffd942d
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
FRC2022-0149
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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