RFP QuestBeta
Awarded · ResultStage · contract

THE FINANCIAL REPORTING COUNCIL LIMITED

Culture survey project

R&DCPV 73000000 73100000 79000000 79300000 79310000
Value£53k
Awarded22 May 2023
Published8 Jun 2023
RegionNationwide
Outcome — awarded

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

Contract value in context
£53ktotal contract value
median £66k
this tender£0£561k

This sits in the lower-middle of the Research & Development band — a mid-scale opportunity. Based on 20,405 valued Research & Development 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.

The FRC is developing a culture survey for audit firms as part of the ongoing assessment of audit firms' cultures and managing the risk that audit quality remains inconsistent.

A healthy culture within the audit firm is vital to achieving consistent audit quality.

As part of the ongoing supervision of audit firm culture, the FRC is undertaking this survey to assess elements of audit firm culture that promote high quality audit.

The culture survey will provide the FRC with a comparable dataset and sufficient information to perform cross-firm benchmarking accurately and consistently.

The research and design of the survey will be conducted by the FRC.

This tender seeks a experienced / capable supplier to administer and manage the survey process and analyse the results.

The FRC intends for the survey to occur every one or two years, with potential expansion to other audit firms, subject to the successful and positive outcome of the first-year pilot.

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 culture survey will provide the FRC

The culture survey will provide the FRC with a comparable dataset and sufficient information to perform cross-firm benchmarking accurately and consistently.

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
60c45b3a-c407-4553-af14-1179adf5b18d
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
FRC2023-067
View the original notice on Contracts Finder

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

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