RFP QuestBeta
Awarded · ResultStage · contract

THE FINANCIAL REPORTING COUNCIL LIMITED

Assessment services

IT ServicesCPV 72000000
Value£45k
Awarded7 Sept 2022
Published14 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
£45ktotal contract value
median £120k
this tender£0£3.5m

This sits below the typical range for IT Services contracts — a smaller, more accessible award. Based on 36,449 valued IT Services tenders in our corpus.

The brief

THIS IS A CONTRACT AWARD NOTICE FOR ASSESSMENT (IT) SERVICES 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.

Delivering on our purpose will bring a variety of benefits.

Improved outcomes, created by each of our regulatory activities are shown in the circle; each of which can positively reinforce others in the circle and contribute to overall benefits for a wide range of stakeholders such as greater transparency, increased trust in UK markets and a lower cost of capital for companies.

Our direct stakeholders include companies, institutional investors, auditors, actuaries, accountants and their respective professional bodies.

Our indirect stakeholders include retail shareholders, suppliers, employees, customers, communities, pensioners and savers, and financial institutions, all of whom have an interest in the health of companies and other organisations within our existing and future regulatory scope and in the success of the UK corporate sector as a whole.

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.

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
757bf443-7d62-48ef-867f-32db3c451eb6
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
FRC2022-0147
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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