Award

Understanding the latest research findings and evidence on corporate reporting: literature review

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 4 releases in its history.

Award

23 May 2019 at 16:32

TenderAmendment

21 Feb 2019 at 11:53

TenderAmendment

21 Feb 2019 at 11:37

Tender

01 Feb 2019 at 17:20

Summary of the contracting process

The Financial Reporting Council Limited is seeking proposals for a literature review titled "Understanding the latest research findings and evidence on corporate reporting," aimed at supporting its major project on the Future of Corporate Reporting. This procurement is classified under services, specifically focusing on market and economic research. The tender period is set to close on Friday, 22 February 2019, and the contract is scheduled to commence on 5 March 2019, lasting until 28 June 2019. Proposals should be submitted via email to h.grimshaw@frc.org.uk. The total budget for this project is £35,000 excluding VAT.

This tender represents a significant opportunity for businesses specialising in economic research, analysis, and corporate reporting. Stakeholders such as small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are especially encouraged to apply. Companies that can demonstrate relevant experience in conducting literature reviews or similar research methodologies will be well-suited to compete for this contract. Collaborative bids are also welcomed, promoting a diverse skill set and comprehensive approach to addressing the project's requirements.

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Notice Title

Understanding the latest research findings and evidence on corporate reporting: literature review

Notice Description

The Financial Reporting Council (FRC) wishes to commission a literature review to support a major project on the Future of Corporate Reporting (for further details visit the FRC website and see the attached PDF). The literature review is expected to take place over a period of months, starting as soon as possible. The customer for the work is the FRC. The literature review will explore articles and research papers to determine the extent to which analyses have been undertaken which support the objectives of the Future of Corporate Reporting project. The following questions should be treated as a guide only and tender bids should suggest others where they are considered relevant to the Future of Corporate Reporting project: (For the full list of questions, please see the attached PDF) Purpose 1. What is the purpose of corporate reporting? 2. What is the purpose of the annual report? 3. What is non-financial/ ESG/ sustainability reporting and how is this information used? 4. How does the annual report fit into the wider corporate reporting framework? Content 5. What are the information needs of investors and how is this information used? 6. What are the information needs of users that are not capital providers and how is this information used? Delivery 7. What are the characteristics of good corporate reporting? We propose that the research will cover: * A scoping survey of all the topics covered in the available literature on corporate reporting (not necessarily limited to the questions addressed by the Future of Corporate reporting project), an indication of the quality and quantity of reputable research findings and the extent to which they address, or not, the questions for the Future of Corporate Reporting Project to enable refinement of the research areas which will yield the most recent, relevant and credible findings. Agree keywords, if appropriate. * A detailed review of some agreed areas, a summary of the main findings, their soundness in terms of methodology and data used, and any limitations of the research, for example, where the size of some study samples is not big enough to draw reasonable conclusions. This latter element would also assess any areas where there is insufficient information or gaps in the current literature against the questions addressed by the Future of Corporate Reporting project. We will also consider joint bids reflecting different specialisms; please indicate which organisations or personnel would anticipate covering particular themes (and the cost split of doing so in the context of the project budget). The budget for this project is PS35,000 excluding VAT. The project proposal will be evaluated against the following criteria: 1. Evidence of understanding the brief 2. Suitability of proposed methodology 3. Experience undertaking similar projects and academic standing 4. Cost Closing date for tenders: 5pm, Friday 22 February 2019. Please submit to h.grimshaw@frc.org.uk

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d4e27f40-ca1d-4963-86c4-3e0a017b0809
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3fbae190-0f00-4510-a685-c41f245d95bb
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79300000 - Market and economic research; polling and statistics

Notice Value(s)

Tender Value
£35,000 Under £100K
Lots Value
Not specified
Awards Value
£34,356 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 May 20196 years ago
Submission Deadline
22 Feb 2019Expired
Future Notice Date
Not specified
Award Date
15 Mar 20196 years ago
Contract Period
28 Mar 2019 - 17 Jul 2019 1-6 months
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
Helen Grimshaw
Contact Email
h.grimshaw@frc.org.uk
Contact Phone
020 7492 2331

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

UNIVERSITY OF EXETER

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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