Published date: 10 April 2025

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 27 March 2025, 12pm

Contract summary

Industry

  • Research and development services and related consultancy services - 73000000

Location of contract

E14 9GE

Value of contract

£95,000

Procurement reference

FRC2025-031

Published date

10 April 2025

Closing date

27 March 2025

Closing time

12pm

Contract start date

8 April 2025

Contract end date

30 September 2025

Contract type

Service contract

Procedure type

Call-off from a dynamic purchasing system

A mini-competition or direct purchase from a pre-established dynamic purchasing system.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

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. As the Competent Authority for audit in the UK, we set auditing and ethical standards and monitor and enforce audit quality.
The purpose of the FRC is to serve the public interest and support UK economic growth by upholding high standards of corporate governance, corporate reporting, audit and actuarial work. 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.

The FRC were seeking Research Services into the challenges faced by SMEs in relation to audit and corporate reporting. This research project aims to allow the FRC to build a greater understanding of the challenges affecting SMEs and the decisions they make about financial audits.

More information

Additional text

THIS IS A CONTRACT AWARD NOTICE

The FRC can extend the Contract for the Extension Period by giving the Supplier no less than 3 Months' written notice before the Contract expires.

Award information

Awarded date

7 April 2025

Contract start date

8 April 2025

Contract end date

30 September 2025

Total value of contract

£93,927.75

This contract was awarded to 1 supplier.

IFF Research Limited

Address

5th Floor, The Harlequin Building, 65 Southwark Street
London
SE1 0HR

Reference

Companies House number: 00849983

Value of contract

£93,927.75

Supplier is SME?

Yes

Supplier is VCSE?

No

About the buyer

Contact name

Head of Procurement

Address

13th Floor Exchange Tower
LONDON
E149GE
England

Telephone

020 7492 2300

Email

procurement@frc.org.uk

Website

https://www.frc.org.uk/