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Audit Qualification 2030: Structured interviews with non-PIE Audit firms

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 1 release in its history.

Tender

22 Jul 2026 at 10:26

UK4 - Tender Notice
Summary of the contracting process

The Financial Reporting Council Limited is currently in the "tender" stage of procuring research services, specifically focusing on "Audit Qualification 2030: Structured interviews with non-PIE Audit firms." This procurement is categorised under research and development services and involves structured interviews with non-PIE (Public Interest Entity) UK audit firms to understand training approaches and barriers to effective training. The procurement method being used is an open competition, below threshold, and is part of the services main procurement category. The deadline for tender submissions is set for 19th August 2026, with the contract period expected to commence on 7th September 2026 and conclude by 7th December 2026. The process is based in London, UK, where the Financial Reporting Council is headquartered.

This tender presents significant business growth opportunities, particularly for firms specialising in research and consultancy services within the auditing and corporate governance sectors. Companies adept in conducting interviews, analysing educational and training modules, and providing comprehensive reports on training methodologies would be well-suited to compete. Firms that can offer insights into the current practices of non-PIE audit firms and provide anonymised findings that could influence future training standards are well-positioned to benefit from this contract. This opportunity not only allows firms to engage with a central government public authority but also to contribute to setting auditing standards in the UK.

How relevant is this notice?

Notice Information

Notice Title

Audit Qualification 2030: Structured interviews with non-PIE Audit firms

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 FRC requires Research Services. This research concerns the pre-qualification education, training, and assessment of UK statutory auditors insofar as those matters relate specifically to non-PIE UK audit firms. By non-PIE UK audit firms we mean firms that carry out UK statutory audits, but do not audit Public Interest Entities (PIEs). The project will interview a selection of non-PIE audit firms to gain insights from them about current approaches to training, and to understand the barriers to effective training. The interviewed sample of firms will include both those that do, and that do not, currently offer training (i.e. that do/do not employ trainee auditors during their pre-qualification years). Outputs and Deliverables * Full transcripts (appropriately anonymised) from the interviews * A presentation of early indicative findings from the initial interviews, by late September * A report/presentation drawing out themes that emerged, with illustrative quotes, etc. The report/presentation will be delivered in interim form (by mid-October) and final form (by late-December). The Supplier will anonymise all outputs so the FRC will not be able to identify which firms and individuals participated. Anonymised data/findings from the research may be referred to and quoted in published FRC documents (e.g. public consultation/discussion papers). PLEASE REFER TO THE INVITATION TO TENDER (ITT) FOR FULL DETAILS INCLUDING HOW TO SUBMIT YOUR TENDER

Lot Information

Lot 1

Options: The right to additional purchases while the contract is valid. The FRC reserves the right to procure further Services of the same / related nature.

Renewal: The supplier should deliver the Services (as per the Invitation to Tender (ITT) by the 7th December 2026). Should the FRC amend/alter the requirement the timeline may change.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06d0a4
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/069069-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
Not specified
Awardee Scale
Not specified

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
£50,000 Under £100K
Lots Value
£50,000 Under £100K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 Jul 2026Today
Submission Deadline
19 Aug 20264 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
6 Sep 2026 - 7 Dec 2026 1-6 months
Recurrence
Not specified

Notice Status

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

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
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Blackwall & Cubitt Town
Westminster Constituency
Poplar and Limehouse

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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