Notice Information
Notice Title
Research Services into the use of artificial intelligence and other disruptive technologies in corporate reporting
Notice Description
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. Companies are using artificial intelligence (AI) and other disruptive technologies within their business operations. However, there is currently a limited understanding of, and evidence on, their use of AI and other disruptive technologies in the production of narrative/financial information in corporate reports ('corporate reporting'). The FRC is seeking research services into the use of artificial intelligence and other disruptive technologies in corporate reporting. This research project will gather evidence about the use of AI and other disruptive technologies in corporate reporting to inform FRC regulatory practice and policy. The research project will answer the following research questions: (1). What specific AI and other disruptive technologies are most commonly used in corporate reporting, and how are they being used? (2). How is the use of AI and other disruptive technologies in corporate reporting influencing changes to governance and audit processes? (3). How do companies believe their stakeholders perceive the reliability and transparency of corporate reports prepared with the use of AI? The research population will be companies that meet the UK Public Interest Entity (PIE) definition, i.e. those with transferable securities listed on a UK-regulated market, credit institutions, and insurance undertakings, and their finance and corporate reporting teams.
Lot Information
Lot 1
Options: Additional research services of the same nature.
Renewal: Four months extension
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-0527c3
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/072678-2025
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- UK7 - Contract Details Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Below threshold - open competition
- Tender Suitability
- SME, VCSE
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
73 - Research and development services and related consultancy services
-
- CPV Codes
73000000 - Research and development services and related consultancy services
Notice Value(s)
- Tender Value
- £65,000 Under £100K
- Lots Value
- £65,000 Under £100K
- Awards Value
- Not specified
- Contracts Value
- £64,065 Under £100K
Notice Dates
- Publication Date
- 11 Nov 20256 months ago
- Submission Deadline
- 8 Jul 2025Expired
- Future Notice Date
- Not specified
- Award Date
- 14 Oct 20257 months ago
- Contract Period
- 14 Oct 2025 - 31 Mar 2026 1-6 months
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
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
- E14 9GE
- Post Town
- East London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI4 Inner London - East
- Small Region (ITL 3)
- TLI42 Tower Hamlets
- Delivery Location
- TLI London
-
- Local Authority
- Tower Hamlets
- Electoral Ward
- Blackwall & Cubitt Town
- Westminster Constituency
- Poplar and Limehouse
Further Information
Notice Documents
-
https://www.find-tender.service.gov.uk/Notice/072678-2025
11th November 2025 - Contract details notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/028529-2025
29th May 2025 - Tender notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/028041-2025
28th May 2025 - Tender notice on Find a Tender
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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