Published date: 1 May 2024

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


Closing: 29 February 2024, 12pm

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

1 May 2024

Closing date

29 February 2024

Closing time

12pm

Contract start date

1 May 2024

Contract end date

30 April 2029

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

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.

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

THIS IS A CONTRACT AWARD NOTICE

More information

Previous notice about this procurement

Financials Markets data platform

  • Opportunity
  • Published 29 January 2024

Attachments

Additional text

THIS IS A CONTRACT AWARD NOTICE

Award information

Awarded date

30 April 2024

Contract start date

1 May 2024

Contract end date

30 April 2029

Total value of contract

£717,745.67

This contract was awarded to 1 supplier.

Refinitiv Limited (a wholly-owned subsidiary of the London Stock

Address

Five Canada Square, Canary Wharf, London E14 5AQ, United Kingdom

Reference

Companies House number: 00145516

Value of contract

£717,745.67

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Head of Procurement

Address

8Th Floor,125 London Wall
LONDON
EC2Y5AS
England

Telephone

020 7492 2300

Email

procurement@frc.org.uk

Website

https://www.frc.org.uk