UK Public Sector Contracts & Tenders

The UK Financial Reporting Council (FRC) are undertaking this procurement on behalf of the UK Endorsement Board (UKEB). The UKEB influences, endorses and adopts new or amended international accounting standards issued by the International Accounting Standards Board (IASB) for use by UK companies. The UKEB consults publicly with stakeholders that have an interest in financial reporting in the UK so that it can develop and represent evidence-based UK views with the aim of acting as the UK voice on IFRS financial reporting. The UKEB are conducting this Research Project: ex-ante economic impact assessment of IASB Exposure Draft 2021/1 Regulatory Assets and Regulatory Liabilities. The objective of the (proposed) contract is to assist the staff of the UK Endorsement Board in its ex-ante impact analysis of IASB Exposure Draft (ED) 2021/1 Regulatory Assets and Regulatory Liabilities (as subsequently amended and updated through ongoing IASB board deliberations up to the start date of the study) by supporting the UKEB Secretariat with economic expertise in specified areas. This will serve as an input to the assessment of whether the use of this ED is likely to have an adverse impact on the economy of the UK, including on economic growth. PLEASE SEE THE ATTACHED ITT FOR FULL DETAILS Additional information: Notes:- • Download and review the documents • Observe the timelines and tender process • Register your interest in this opportunity by email to procurement@frc.org.uk • You will need to register your interest in this opportunity to receive the Q&A responses. Note: The contract notice has changed to reflect the change to the amended closing date (08/03/2023 by 5.00p.m.

THE 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. BACKGROUND • Since 6 April 2003 money purchase pension arrangements have been required to provide members with Statutory Money Purchase Illustrations ("SMPIs"). These illustrations are governed by the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 as amended. Legislation requires that statutory illustrations are produced in accordance with guidance prepared by a prescribed body approved by the Secretary of State for Work and Pensions ("DWP") and by the Department for Social Development in Northern Ireland. • The FRC has been the prescribed body since 6 April 2007 and fulfils its obligations through the publication of Actuarial Standard Technical Memorandum 1: Statutory Money Purchase Illustrations ("AS TM1"). AS TM1 specifies the assumptions and methods to be used in the calculation of statutory illustrations of money purchase pensions, also known as defined contribution ("DC") pensions. • In particular, AS TM1 sets out the prescribed approach for the accumulation rates which providers must use to determine how much the member's current pension pot will grow between now and their retirement. The FRC reviews AS TM1 regularly and will require market data to support this analysis. OUR REQUIREMENT • The FRC requires, on an ongoing basis, a source of data for relevant fund returns. Our requirement is ongoing subscription with a well-established data provider which can provide the data we required for this work, namely: o Monthly return data for UK pension funds - i.e. the % change between the price (on a consistent basis) between the first day (or most recent available pricing date before this) and last day of the month (or most recent available pricing date before this). o At least 500 (ideally more) distinct currently active funds, with a reasonable representation of different asset allocations that exist in the market o Dating back to at least January 1990. o Data should be available as soon as possible after reporting date, ideally within 4 weeks. For example, the monthly return for 31 January 2023 should be available for download by 28 February 2023. o Data should be available for download anytime for use in Excel (with reasonable maintenance blackout period). If a reduced tariff for reduced frequency of access to data is offered, we would be interested to know. o Data should be accessible virtually. o Facility to query data (with defined SLA) where anomalies or data gaps are identified o Unique identifiers per fund must be included o Ideally including identifiers for the asset types included in the fund PLEASE SEE ATTACHED ITT FOR FULL REQUIREMENT Additional information: Notes:- • Download and review the documents • Observe the timelines and tender process. THE DEADLINE HAS MOVED FROM 24/03/23 TO BEFORE 5.00PM ON 28/03/2023 • Register your interest in this opportunity by email to procurement@frc.org.uk • You will need to register your interest to receive the Q&A document. • We propose an initial contract term of three years. The estimated value in this notice covers a three year contract. The FRC reserves the right to further extend after the Initial Term.

The deadline for tender response has changed (from 07/05/2024 to 21/05/2024). The Financial Reporting Council (FRC) is an independent regulator which serves the public interest by setting high standards of corporate governance, corporate reporting and audit and by holding to account those responsible for delivering them. The FRC also monitors and takes enforcement action where things go wrong to ensure the proper operation of the market and confidence in the UK economy and the UK's international reputation as an attractive place to do business. The purpose of this exercise is to create a Framework Agreement to provide a panel of law firms (the panel) to provide legal services for the FRC, through the FRC's in-house legal team. The legal team advises on a wide range of issues, including but not limited to: • creating, implementing, using and maintaining the FRC's powers and procedures; • developing and maintaining legally sound policies across the FRC; • information handling, sharing and risk; • corporate legal advice (eg on contracts, governance, intellectual property rights, brand and logo use, insurance etc); • responding to challenges (eg judicial review and complaints) as well as all litigation taken by, and against, the FRC; PLEASE SEE THE FULL DETAILS IN THE TENDER PACK. This tender has also been published on Find A Tender. Additional information: Additional text Note: • Download and review the documents; • Observe the timelines and tender process ( note the deadline for tender response has changed (from 07/05/2024 to 21/05/2024). • Register your interest in this opportunity by email to Procurement@frc.org.uk • Important - You will need to register your interest in this opportunity to receive the Q&A responses. • The FRC reserves the right to extend the contract by a further 12 months.

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 regulates auditors, accountants and actuaries and sets the UK's Corporate Governance and Stewardship Codes. The FRC seeks to promote transparency and integrity in business; our work is aimed at investors and others who rely on company accounts, audit, and high-quality risk management. The FRC is leading the CODEx project with the view to accelerating and supporting the use of structured company and organisational data for the public and within the regulatory community. The project is supported by funding from DSIT (Department for Science, Innovation and Technology) through the Regulators' Pioneer Fund and is being delivered by FRC colleagues with support from partner regulators (HMRC, Companies House, the Charity Commission and the FCA). The funded element of the project started in September 2023 and will run until the end of February 2025.  We are seeking to engage a supplier for the Development of CODEx Inline XBRL Viewer (Beta and Live Phases). PLEASE READ THE TENDER PACK / ITT FOR THE FULL DETAILS. Additional information: Notes:- • Download and review all the documents • Observe the timelines and tender process • Please register your interest immediately by email to procurement@frc.org.uk - thereafter you will be provided with access to the Alpha work. Note - We have made a slight update to the Viewer detailed requirements document (attached). We have also provided the Q&A. All the bidding documents remains the same.

The Financial Reporting Council (FRC) are tendering for a Responsible Organisation (RO) that can fulfil our requirements relating to employee screening and associated services. The Financial Reporting Council (FRC) is an independent regulator which serves the public interest by setting high standards of corporate governance, corporate reporting and audit and by holding to account those responsible for delivering them. The FRC also monitors and takes enforcement action where things go wrong to ensure the proper operation of the market and confidence in the UK economy and the UK's international reputation as an attractive place to do business. The FRC is committed to: • Protecting and improving audit and reporting quality; • Making company reporting fit for the future; • Supporting the creation of the audit of the future; • Ensuring that the world-leading UK Corporate Governance and Stewardship Codes make the UK a great place to do business; • Supporting the FRC's transformation to the Audit, Reporting and Governance Authority (ARGA), a modern, forward-looking regulator. Further details about the FRC can be found on our website www.frc.org.uk The Financial Reporting Council (FRC) are tendering for a Responsible Organisation (RO) that can fulfil our requirements relating to employee screening and associated services. A Responsible Organisation (RO) is an organisation registered with the DBS to submit basic checks through a web service https://www.gov.uk/guidance/responsible-organisations. Our Employment screening core aim is to ensure that individual's suitability to hold employment in the given job role, therefore whilst the employment screening mainly applies to comprises to 'new joiners', there are instances when they are undertaken for individuals who are moving between job roles within an organisation. Our requirements are broadly divided into the four categories below. (1) Identity (2) Education (3) Employment (4) Personal We are looking for a provider to have an online portal service whereby we can request the required checks and receive reports on completed onboarding checks. PLEASE SEE THE ATTACHED INVITATION TO TENDER (ITT) FOR FURTHER DETAILS. Additional information: Notes:- You should be a Responsible Organisation (RO) registered with the DBS to submit basic checks through a web service https://www.gov.uk/guidance/responsible-organisations. • Download and review the documents; • Observe the timelines and tender process • Register your interest in this opportunity by email to procurement@frc.org.uk • You will need to register your interest in this opportunity to receive the Q&A responses.

The Financial Reporting Council (FRC) are tendering for a Responsible Organisation (RO) that can fulfil our requirements relating to employee screening and associated services. The Financial Reporting Council (FRC) is an independent regulator which serves the public interest by setting high standards of corporate governance, corporate reporting and audit and by holding to account those responsible for delivering them. The FRC also monitors and takes enforcement action where things go wrong to ensure the proper operation of the market and confidence in the UK economy and the UK's international reputation as an attractive place to do business. The FRC is committed to: • Protecting and improving audit and reporting quality; • Making company reporting fit for the future; • Supporting the creation of the audit of the future; • Ensuring that the world-leading UK Corporate Governance and Stewardship Codes make the UK a great place to do business; • Supporting the FRC's transformation to the Audit, Reporting and Governance Authority (ARGA), a modern, forward-looking regulator. Further details about the FRC can be found on our website www.frc.org.uk The Financial Reporting Council (FRC) are tendering for a Responsible Organisation (RO) that can fulfil our requirements relating to employee screening and associated services. A Responsible Organisation (RO) is an organisation registered with the DBS to submit basic checks through a web service https://www.gov.uk/guidance/responsible-organisations. Our Employment screening core aim is to ensure that individual's suitability to hold employment in the given job role, therefore whilst the employment screening mainly applies to comprises to 'new joiners', there are instances when they are undertaken for individuals who are moving between job roles within an organisation. Our requirements are broadly divided into the four categories below. (1) Identity (2) Education (3) Employment (4) Personal We are looking for a provider to have an online portal service whereby we can request the required checks and receive reports on completed onboarding checks. PLEASE SEE THE ATTACHED INVITATION TO TENDER (ITT) FOR FURTHER DETAILS. Additional information: Notes:- You should be a Responsible Organisation (RO) registered with the DBS to submit basic checks through a web service https://www.gov.uk/guidance/responsible-organisations. • Download and review the documents; • Observe the timelines and tender process • Register your interest in this opportunity by email to procurement@frc.org.uk • You will need to register your interest in this opportunity to receive the Q&A responses.

The Financial Reporting Council (FRC) regulates auditors, accountants and actuaries and sets the UK's Corporate Governance and Stewardship Codes. We seek to promote transparency and integrity in business; our work is aimed at investors and others who rely on company accounts, audit, and high-quality risk management. As the Competent Authority for audit in the UK, the FRC sets auditing and ethical standards and monitors and enforces audit quality. Further info can be found on www.frc.org.uk. The FRC has a requirement for the design and delivery of a new comprehensive leadership development programme. The Emerging Leaders Programme (ELP) which will equip FRC participants with the knowledge, tools, and confidence to manage the range of leadership responsibilities. The Programme will look at developing operational and strategic capabilities, fostering collaboration, and instilling resilience in leaders who will play a critical role in the FRC's future. This programme aims to address the gap that arises when individuals transition into management roles primarily based on their success in technical or specialist positions, without formal preparation for the broader responsibilities of leadership. FULL DETAILS: Please see attached ITT for further information. Additional information: Note: • Download and review the documents; • Observe the timelines and tender process • Register your interest in this opportunity by email to Procurement@frc.org.uk • Important - You will need to register your interest in this opportunity to receive the Q&A responses. Note: The estimated value reflects the pilot (one year) costs.