Loading page content…
Loading page content…
Loading contract search results…
79 matching procurements · Click a result to see its full lifecycle · Updated daily · Contracts Finder + Find a Tender Service
***THIS IS A CONTRACT AWARD NOTICE*** 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. Additional information: Notes:- ***THIS IS A CONTRACT AWARD NOTICE***
From £32,000
Contract value
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. 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. THIS PROCUREMENT Since 2020 we have made great strides in creating an iconic brand that reflects our growing remit and responsibility as an effective regulator. In addition to creating high quality documents on an ongoing basis, we do intend to evolve further, looking for ways to innovate our existing content methods to improve them. Examples include exploring new layouts to make content more digestible, aligning better with accessibility standards, considering interactive PDF's or animation and so forth. We are keen to partner with an organisation that can help us take these next steps. Our requirement was to work with a quality focused external agency for our Design & Publication Services, and benefit from better practice industry knowledge and specialist expertise in designing assets and documents while supporting us with proof reading/content editing. The ideal organisation will provide stage-appropriate guidance on design-related matters. The services that we will require are grouped below: • Design and typesetting • Brand development • Guidelines support • Language services • Advisory THIS IS A CONTRACT AWARD NOTICE. Additional information: THIS IS A CONTRACT AWARD NOTICE. • This is a three year contract (with the option to extend for a further one year).
From £725,000
Contract value
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. Delivering on our purpose will bring a variety of benefits. Improved outcomes, created by each of our regulatory activities are shown in the circle (below); 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. Project Requirements - An agency offering Stakeholder engagement support and services THIS IS A CONTRACT AWARD NOTICE Additional information: Notes:- THIS OPPORTUNITY IS NOW CLOSED. THIS IS A CONTRACT AWARD NOTICE. • This is a two year contract (with the option to extend for a further two years).
From £320,000
Contract value
THIS IS A CONTRACT AWARD NOTICE 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 WAS • The FRC required, 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. Additional information: THIS IS A CONTRACT AWARD NOTICE THIS TENDER HAS BEEN COMPLETED . The FRC reserves the right to extend the contract.
From £30,000
Contract value
THIS IS A CONTRACT AWARD NOTICE The FRC requires Translation Services for a Mutual Recognition Agreement Project. Additional information: THIS IS A CONTRACT AWARD NOTICE Services under the Crown Commercial Services Language Services Framework Agreement (RM6141), Lot 2. The value will be the actual number of translations required and associated spend under the contract.
£35,000
Contract value
***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 promotes transparency and integrity in business by setting codes and standards for accounting and actuarial work reviewing the quality of corporate reporting and audit: and taking enforcement action where necessary. The teams at FRC comprises of high calibre individuals who work in a collaborative and professional manner. The FRC acknowledges that a range of leadership capabilities are required to support the needs of the individuals and organisation. Those leadership capabilities include: - • Leading and Managing Change • Delivery focused and accountable for making evidence-based decisions • Developing People we are seeking to work with a specialist provider to 360-degree (360º) services. The 360 review process (i.e. obtaining feedback on an employees performance and development needs from their colleagues, manager and others who interact with them regularly) will help to meet the FRC's aim of measuring how our leadership capabilities are being role modelled, embedded and demonstrated in practice across our organisation (and to provide efficient, thorough, and accurate assessment of performance). ***AWARD NOTICE*** Additional information: THIS IS A CONTRACT AWARD NOTICE. THIS TENDER HAS BEEN COMPLETED. The Award value reflects an annual value. The Contract is for two years with the option to further extend.
£24,000
Contract value
THIS IS A CONTRACT AWARD NOTICE This was a Call off from the G-Cloud 13 Framework Agreement (RM1557.13) for a Conflicts of Interest Cloud Software The Successful Supplier is CAM Management Solutions Limited (Company registration number: 06360806). Additional information: CONTRACT AWARD NOTICE Award notice for a call off under the G-Cloud 13 Framework Agreement (RM1557.13) for a Conflicts of Interest Cloud Software An award is made to CAM Management Solutions Limited.
£34,500
Contract value
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. Additional information: THIS IS A CONTRACT AWARD NOTICE. • The estimated value in this notice reflects an annual value (exc VAT). The FRC reserves the right to further extend after the Initial Term (capped at a total of no more than £170,000 (plus VAT)).
From £48,000
Contract value
THIS IS A CONTRACT AWARD NOTICE The FRC requires a travel management solution (Managed Travel Service) for its corporate business travel. Additional information: THIS IS A CONTRACT AWARD NOTICE Services under the Crown Commercial Services Travel & Venue Solutions Framework Agreement (RM6217), Lot 2. The value will be actual travel and associated spend under the contract.
From £600,000
Contract value
****THIS IS A CONTRACT AWARD NOTICE**** ABOUT THE FRC 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. ABOUT THE PROJECT Historically, investors and others looking to obtain financial and non-financial data about companies in bulk had to compile it from unstructured PDF reports or pay for access to third-party databases. However, in recent years, companies have increasingly been required to report in machine-readable formats, making structured data publicly available. The United Kingdom has mandated the use of eXtensible Business Reporting Language (XBRL) for corporate tax returns. In 2021 the XBRL requirements were extended for listed companies to include consolidated financial statements. A requirement to use XBRL in filings to Companies House is expected in future. As XBRL reporting requirements continue to evolve and are extended to new reporting areas (for example in sustainability-related data), it is important for regulators to understand how XBRL data is actually being used by investors, and how this compares to their use of other sources of structured data. This will allow regulators to identify the barriers to wider usage and opportunities for improving accessibility and efficiency. Unfortunately, there is little contemporary and direct evidence on the use of the XBRL data in practice. Existing research is based mainly on 'indirect' studies, while the gathering of direct evidence has been rather limited. The aim of this research project is to answer the following questions: 1. What attributes do investors value most in choosing a source for structured company data - for example: ease of access, cost, timeliness, assurance, data quality etc.? 2. In practice, are investors using information from annual reports in XBRL format? a. If so, how are they accessing and using it? For example, are they accessing the XBRL data directly or through an intermediary? How does it flow into their analysis? b. If not, what are the main barriers to the use of XBRL data and what attributes is the XBRL data lacking? Which other sources of structured data do they use instead (for example commercial platforms providing proprietary structured data)? This research project would principally feed into wider FRC Lab work on XBRL use by investors. Additional information: THIS IS A CONTRACT AWARD NOTICE. THIS TENDER HAS BEEN COMPLETED.
From £35,000
Contract value
With effect from 1st October 2023, The Financial Reporting Council (FRC) existing relationship with ACS Systems UK Limited for the provision of IT Managed Services will novate to Bechtle Limited. The FRC will commerce the activities to re-procure the provision. It is anticipated that the re-procurement will be via a suitable Crown Commercial Services framework agreement. This notice reflect a supplier change due to acquisition (of the existing supplier). Additional information: With effect from 1st October 2023, The Financial Reporting Council (FRC) existing relationship with ACS Systems UK Limited for the provision of IT Managed Services will novate to Bechtle Limited. This notice reflect a supplier change due to acquisition (of the existing supplier).
From £600,000
Contract value
***THIS IS A CONTRACT AWARD NOTICE*** Background and Context 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. The FRC Lab ('the Lab') provides an environment where investors and companies can come together to develop pragmatic solutions to today's reporting needs: • As a learning space, companies can use the Lab to test new reporting formats with investors, and investors can indicate areas where management can add greater value through the information they provide. • As a hub to support innovation in reporting, the Lab's focus on gathering and sharing evidence from the market provides the broader corporate community with feedback from shareholders on the value that new reporting formats bring. The FRC Lab commissioned research which will add to the understanding of recent trends in annual reports and how these impact the length and usefulness of reporting. PURPOSE AND OBJECTIVES The aim of this research project is to answer the following sets of questions: • How much (and which parts) of the annual report is 'boiler plate', static, or changing over time? • How have risk disclosures in annual reports changed over time (including the average time for a given risk to crystallise and then subsequently be removed from reporting)? Which risks are identified and disclosed most frequently across all companies, and categories of companies (e.g. sizes, sectors)? • How consistent are business model-related disclosures over time? How often do these disclosures change significantly? How much is 'boiler plate'? To what extent are business model-related disclosures consistent with the financial statements (including segmental and other 'back half' disclosures)? • How much forward-looking / strategic language exists in the annual report and accounts compared to backward-looking language? How is this split relatively between subsections of the annual report and accounts? • How have annual reports and accounts, including subsections1, increased in length and complexity over time? SCOPE This research will cover the annual reporting of all FTSE 350 listed companies; we expect trends to identified, with respect to the research questions above, based on at least five years of past reporting (2017 to 2021). ***AWARD NOTICE*** Additional information: THIS IS A CONTRACT AWARD NOTICE. THIS TENDER HAS BEEN COMPLETED.
From £26,999
Contract value
THIS HAS BEEN WITHDRAWN / WILL NOT PROGRESS. The UK Accounting Standards Endorsement Board (UKEB) influences, endorses and adopts new or amended international accounting standards issued by the International Accounting Standards Board 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 UK Financial Reporting Council (FRC) has oversight responsibility in respect of the UKEB's adherence to robust governance and due process. It also provides operational support to UKEB. The FRC does not have the power to direct the UKEB in relation to the determination of its programme of work or the outcome of its technical decision-making. The FRC is undertaking this procurement on behalf of the UKEB, as part of the operational support services it provides to UKEB. The supplier contract will be with FRC but the service requirements will be directed by UKEB and provided to UKEB. UKEB is seeking to procure professional minute-taking services. The Services are primarily required for the range of Advisory Groups and Working Groups that UKEB has set up as a key part of its stakeholder engagement strategy. There may, however, also be other meetings for which UKEB could request minute-taking services on an ad-hoc basis. This procurement seeks to procure a provider to deliver Professional minute-taking services at a range of UKEB advisory and working group meetings. These meetings occur in London, during office hours and with a duration of between 3 and 6 hours. The minute-taker is not required to attend the meetings in-person. The standard procedure will be that the minute-taker attend the meetings virtually via Microsoft Teams or any other online platform that UKEB may utilise from time to time. If, in a particular circumstance, the minute-taker is required to attend in-person then that will be agreed in advance between UKEB and the supplier. Additional information: This will not progress.
Value undisclosed
THIS IS A CONTRACT AWARD NOTICE 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. Role of the Board The Board of the Financial Reporting Council (FRC) is made up of non-executive and executive directors and is collectively responsible for the long-term success of the FRC. All Board Members, including the CEO and Chairman, are appointed by the Secretary of State for Business and Trade. The Board's role is to provide strategic leadership of the FRC within a framework of prudent and effective controls which enables risk to be assessed and managed. The Board sets the FRC's strategic aims, ensures that the necessary financial and human resources are in place for the FRC to meet its objectives and reviews management performance. The Board also sets the FRC's values and culture and ensures that its obligations to its stakeholders and others are understood and met. All directors must act in what they consider to be the best interests of the FRC, consistent with their statutory duties. The Board delegates some of its responsibilities to its five Committees to carry out on its behalf. Further information about the FRC Board role and structure can be found on our website https://www.frc.org.uk/about-the-frc/structure-of-the-frc/frc-board The FRC is seeking an independent external Board effectiveness review provider to objectively assess the effectiveness of the Board. The review to focus on: • The composition and structure of the Board and its Committees. • The effectiveness of the Board and its Committees at agenda setting and forward planning to ensure efficient and effective meetings. • How the board and its committees support the Accounting Officer in meeting the requirements set out within Managing Public Money. • The decision-making processes of the Board and its Committees. • The quality and timeliness of the information and materials provided to the Board and its Committees. • The Board's role in strategy development. • The roles, responsibilities, and performance of each Committee and how they contribute to and support the Board. The interaction and collaboration between the Committees and the Board. This includes the dynamics and effectiveness of Board and Committee discussions, decision-making, and conflict resolution. • How the board's practices, relationships and culture compare with other Arm's Length Public Bodies. • The performance of individual directors, including the quality of their contribution and engagement. ***AWARD NOTICE*** Additional information: THIS IS A CONTRACT AWARD NOTICE. THIS TENDER HAS BEEN COMPLETED.
From £45,000
Contract value
THIS IS A CONTRACT AWARD NOTICE This was a procurement conducted via the Crown Commercial Services Digital Outcomes 6 framework agreement. The FRC requires user research services throughout the CODEx viewer project, in compliance with the UK government service manual (https://www.gov.uk/service-manual/user-research). The supplier will organise, facilitate user and document user research sessions. Based on the user feedback during the discovery phase, the provider will document user needs and requirements. The supplier will also provide user research throughout the alpha, beta and live phases, including user testing. The provider will be responsible for recruiting members of the general public, including users with accessibility needs and assisted digital needs. THIS CONTRACT HAS BEEN AWARDED. Additional information: This contract award notice relates to a Call Off under the Digital Outcomes 6 framework agreement.
From £35,000
Contract value
Requirement for LinkedIn Subscription Agreement. LinkedIn Talent Solutions platform is a tool to assist HR professionals at the FRC to advertise via a professional network and actively search for passive candidates to appoint. Additional information: THIS IS A CONTRACT AWARD NOTICES. THIS IS A CALL OFF FROM THE CROWN COMMERCIAL SERVICES GCLOUD FRAMEWORK.
From £60,000
Contract value
THIS IS A CONTRACT AWARD NOTICE The FRC undertook a further competition under the CCS Technology Products and Associated Services Framework Agreement (RM6098) Lot 3 for a Cisco Enterprise Agreement. The successful supplier is Total Computer Networks Ltd (Registered company number 04958126). Additional information: CONTRACT AWARD NOTICE Following a competitive tender under the CCS Technology Products and Associated Services Framework Agreement (RM6098) Lot 3, an award is made to Total Computer Networks Limited.
£104,854.35
Contract value
THIS IS A CONTRACT AWARD NOTICE The FRC has a requirement to recruit up to four new Non-Executive Director (NEDs) Board members. Executive Search Service are required to successfully deliver this requirement. Additional information: THIS IS A CONTRACT AWARD NOTICE A call off from the CCC framework (reference number RM6290) for the provision of Executive & Non-Executive Recruitment Services.
£60,000
Contract value
THIS CONTRACT WAS NOT AWARDED. The purpose of the Financial Reporting Council (FRC) is to serve the public interest by setting high standards in corporate governance and stewardship, corporate reporting, auditing and actuarial work, assessing the effectiveness of the application of those standards and enforcing those standards proportionately where it is in the public interest. Our Enforcement Division, led by our Executive Counsel, is responsible for conducting investigations under our main enforcement procedures. Decisions to open investigations and to refer them to the Enforcement Division, are made by the FRC's Conduct Committee where it considers there may have been misconduct or a breach of the relevant professional standards. As the UK's competent authority for statutory audit and the independent disciplinary body for accountants and actuaries in public interest cases, the FRC is committed to delivering robust, fair and transparent regulatory outcomes on a timely basis. In the financial year ending 31 March 2023, the FRC's Enforcement Division resolved 19 cases and imposed financial sanctions of £40.5m, including a sanction of £20m. Many investigations are concluded through settlement. In such cases, a member of the Tribunal Panel will be appointed to consider and approve the settlement agreement. However, a small number of cases will be referred on to the Tribunal stage, where an independent public Tribunal is convened to consider the matters brought to it. Tribunals will be convened from three or five members of the Tribunal Panel and will include at least a legal chair, a member of the relevant profession and a lay member. The FRC wishes to appoint a new Convener & Tribunal Secretary of the Tribunal Panel, a role formally provided for under the FRC's enforcement procedures. The role of the Convener & Tribunal Secretary includes (however is not limited to): • Appointing the Chair of the Tribunal from the Panel and, with the support of the Chair, appointing a Tribunal or Appeal Tribunal from members of the Tribunal Panel, with due regard for availability, experience, expertise and potential conflicts of interest of the Tribunal Panel members. • Appointing replacement members to an ongoing Tribunal, Joint Tribunal or Appeal Tribunal, should this be required. • Appointing legal chair members of the Tribunal Panel to consider Proposed Settlement Agreements under the Schemes and Proposed Decision Notices or Proposed Settlement Decision Notices under the AEP. • Appointing legal chair members to consider applications for the interim orders or leave to appeal. • Appointing an Independent Sanctions Tribunal from members of the Tribunal Panel. • Managing hearings by acting as the Tribunal Clerk/Administrative Officer. PLEASE SEE THE INVITATION TO TENDER (ITT) FOR FULL DETAILS. Additional information: THIS CONTRACT WAS NOT AWARDED DUE TO INSUFFICIENT TENDER SUBMISSIONS **** 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 initial term of appointment will be for three (3) years, with the option to extend for a further three-years.
From £60,000
Contract value
THIS IS A CONTRACT AWARD NOTICE The FRC requires the Development of the CODEx Inline XBRL Viewer in compliance with the UK government service manual (https://www.gov.uk/service-manual/user-research). The CODEx iXBRL Viewer is being developed using agile methodology with Discovery, Alpha, Beta, and Live phases, as defined in the Government Service Manual (https://www.gov.uk/service-manual). The FRC requires software development services for the Alpha, Beta and Live phases, in compliance with the Technology Code of Practice (https://www.gov.uk/guidance/the-technology-code-of-practice). The supplier will implement the requirements extrapolated from user needs established during the Discovery phase, including software architecture design, feature development, testing, deployment, and product delivery. For the CODEx Viewer user interface development, the supplier will provide wireframes and prototypes for relevant user needs to understand how users will interact with the iXBRL Viewer during the Alpha phase and will do the development during the Beta phase. Additional information: THIS IS A CONTRACT AWARD NOTICE A competitive activity occurred under the CCS Digital Outcomes 6 Framework Agreement (framework ID: RM1043.8)
£145,000
Contract value