Award

Financial Reporting Council (FRC) software solution for handling complaints and Freedom of Information Act (FOIA) requests

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 8 releases in its history.

Award

05 Nov 2019 at 14:58

TenderAmendment

08 Oct 2019 at 10:47

TenderAmendment

02 Oct 2019 at 09:15

TenderAmendment

27 Sep 2019 at 14:15

TenderAmendment

26 Sep 2019 at 16:37

TenderAmendment

26 Sep 2019 at 12:46

TenderAmendment

26 Sep 2019 at 09:28

Tender

24 Sep 2019 at 07:55

Summary of the contracting process

The Financial Reporting Council (FRC), acting as the buyer, has initiated a tender for a software solution to manage complaints and Freedom of Information Act (FOIA) requests. This procurement is classified under the software package and information systems category and is located in London, England. The procurement process is currently in the Award stage, with an active contract awarded to Computer Application Services Limited on 25th October 2019. The total value of the contract is £44,520, with a contract period starting from 1st December 2019 and extending until 30th November 2022. The original tender was published on 24th September 2019, and the tender period concluded on 9th October 2019.

This tender presents significant growth opportunities for software development companies, particularly those specialising in regulatory compliance, data management, and information systems. Businesses that focus on providing innovative software solutions which can efficiently handle regulatory processes could find themselves well-positioned to bid for future contracts with the FRC and similar bodies. Small and medium-sized enterprises (SMEs) are encouraged to participate, given the budget constraints and specifications outlined in the Invitation to Tender.

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Notice Title

Financial Reporting Council (FRC) software solution for handling complaints and Freedom of Information Act (FOIA) requests

Notice Description

The Financial Reporting Council (FRC) is the UK regulator for auditors, accountants and actuaries. We set the UK's Corporate Governance and Stewardship Codes and promote transparency and integrity in business. Our work is aimed at investors and others who rely on company reports, audit and high-quality risk management. The FRC is seeking to implement a software solution in order for it to handle effectively and efficiently: a) complaints made to it in connection with its regulatory functions; and b) requests made to it under the Freedom of Information Act 2000. The FRC's budget for implementing this solution is PS43,000. This is a summary only - please see the attached Invitation to Tender (PDF) for full details. The FRC welcomes software proposals which meet the specifications set out in the Invitation to Tender.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b3ed09d3-7bdd-4884-9766-1cc23f41020f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/af07bfbb-df7f-497a-b735-6255ba986b52
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£43,000 Under £100K
Lots Value
Not specified
Awards Value
£44,520 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Nov 20196 years ago
Submission Deadline
9 Oct 2019Expired
Future Notice Date
Not specified
Award Date
24 Oct 20196 years ago
Contract Period
1 Dec 2019 - 30 Nov 2022 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
THE FINANCIAL REPORTING COUNCIL LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2Y 5AS
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

COMPUTER APPLICATION SERVICES

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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