Published date: 29 January 2024
This notice was replaced on 1 May 2024
This notice does not contain the most up-to-date information about this procurement. The most recent notice is:
Awarded contract (published 1 May 2024)
Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.
Contract summary
Industry
IT services: consulting, software development, Internet and support - 72000000
Location of contract
EC2Y 5AS
Value of contract
£600,000 to £1,050,000
Procurement reference
FRC2023-0187
Published date
29 January 2024
Closing date
29 February 2024
Closing time
12pm
Contract start date
1 April 2024
Contract end date
31 March 2030
Contract type
Service contract
Procedure type
Open procedure (above threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
This procedure can be used for procurements above the relevant contract value threshold.
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
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's Economics, Strategy and Analytics (ESA) team provides operational support to various departments at the FRC. These services include but are not limited to: -
o Providing market intelligence and analysis on markets, companies, and the general business landscape in the UK
o Providing economic advice, including on Regulatory Impact Assessments
• To fulfil the activities undertaken by the ESA team, access to a near real-time financial market data platform that provides financial data, company data, financial news and financial analysis and country and economic data for public UK & International entities. This data must be accessible via web or desktop app and Excel plug ins.
• The FRC requires, a source of financial market data. Our requirement is therefore subscription services with a database provider (with the breadth and depth of the data we require) that can provide the following content within the following data categories including but not limited to):
o Financial statements and accounting standards data
o Asset data
o Debt data
o Audit data
o Ownership data
o Operation and profit data
PLEASE SEE TENDER PACK FOR FULL INFORMATION.
Please note this tender has also been published on Find a Tender.
More information
Attachments
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- 01 Statement_of_Requirement_Financials_Markets_data_platform_Final.pdf
- Technical specifications
- Statement of Requirements
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- 02 Standard_Selection_Questionnaire.docx
- Bidding documents
- Standard Selection Questionnaire
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- 03 Tender Response.docx
- Bidding documents
- Tender Response Document
Additional text
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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.
About the buyer
Contact name
Head of Procurement
Address
8Th Floor,125 London Wall
LONDON
EC2Y5AS
England
Telephone
020 7492 2300
Website
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