RFP QuestBeta
Awarded · ResultStage · contract

THE FINANCIAL REPORTING COUNCIL LIMITED

Audit Market Database

Software & IT SystemsCPV 48000000
Value£129k
Awarded26 Jul 2024
Published20 Aug 2024
RegionNationwide
Outcome — awarded

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

Contract value in context
£129ktotal contract value
median £91k
this tender£0£1.1m

This sits in the upper-middle of the Software & IT Systems band — a substantial contract for the sector. Based on 30,286 valued Software & IT Systems tenders in our corpus.

The brief

THIS IS A CONTRACT AWARD NOTICE The Financial Reporting Council (FRC) • 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.

Further information https://www.frc.org.uk/ • The Government plans to establish the Audit, Reporting and Governance Authority (ARGA) as the successor to the Financial Reporting Council (FRC).

ARGA's role will be to protect and promote the interests of investors, other users of corporate reporting and the wider public interest.

Background • The FRC's Market Intelligence and Insights (MII) team provides the FRC with understanding of the markets it oversees, the impact of its policies, horizon scanning and evidence-based insight to support and drive policy development. • To fulfil these activities the MII team requires, on an ongoing basis, access to a reliable audit market database that provides details on audit, regulatory and disclosure information both current and historically.

Our requirement is therefore an subscription with a database provider (with the breadth and depth of the data we require). • This data must be accessible via web and data feeds. • The FRC will require licences for 12 named users • The FRC will require the rights to publish or reproduce small extracts from, or summaries of, the financial market data and will attribute the database supplier as the source of the information.

PLEASE SEE THE STATEMENT OF REQUIREMENTS FOR FULL DETAILS.

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

The FRC's Market Intelligence and Insights (MII)

The FRC's Market Intelligence and Insights (MII) team provides the FRC with understanding of the markets it oversees, the impact of its policies, horizon scanning and evidence-based insight to support and drive policy development.

03

This data must be accessible via web

This data must be accessible via web and data feeds.

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
d7b66723-35e4-4575-a7fc-afed7ecb72bc
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
FRC2024-086
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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