---
title: "Financial Reporting Changes (FRC) - Technical Accounting Changes"
ocid: "ocds-b5fd17-1a5d950f-3190-4b7c-a1a5-cffd56bd8914"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1a5d950f-3190-4b7c-a1a5-cffd56bd8914"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1a5d950f-3190-4b7c-a1a5-cffd56bd8914.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-1a5d950f-3190-4b7c-a1a5-cffd56bd8914.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR INTERNATIONAL TRADE"
published: "2020-05-13"
---

# Financial Reporting Changes (FRC) - Technical Accounting Changes

Buyer: DEPARTMENT FOR INTERNATIONAL TRADE  
Current stage: Award  
OCID: ocds-b5fd17-1a5d950f-3190-4b7c-a1a5-cffd56bd8914

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## Summary

The procurement process involves the provision of "Financial Reporting Changes (FRC) - Technical Accounting Changes" by the Department for International Trade, specifically under the UK's Export Finance (UKEF) body. This tender is categorised under financial consultancy services and was awarded on 20th December 2019. The contract, notable for its total value of £342,695 excluding VAT, is scheduled to run from 4th March 2020 to 17th June 2020, with the option to extend for an additional two months. The procurement method utilised was selective, via a call-off from a framework agreement, suggesting a carefully chosen supplier for this professional service.

This tender represents a significant opportunity for businesses involved in financial consultancy, particularly small and medium-sized enterprises (SMEs) that can provide technical accounting services. The involvement of a major buyer like the Department for International Trade highlights the potential for growth and further contracts in the sector. Businesses with expertise in financial reporting and compliance may find this and similar tenders to be a strategic avenue for expansion, positioning themselves well to respond to future requirements from governmental bodies.

## Notice

UK Export Finance (UKEF) has a requirement for the provision of "Financial Reporting Changes (FRC) - Technical Accounting Changes". The Secretary of State for UKEF is the contracting authority. The contract is for a period of 3 and a half months, with the contractual option to extend by a further 2 months. The requirement has a total value of PS342,695.00 excluding VAT.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e460dc40-8b1e-40ca-8ee1-4b051eb7806c |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 May 2020 |
| Submission deadline | 13 Dec 2019 |
| Future notice date | Not specified |
| Award date | 20 Dec 2019 |
| Contract period | 4 Mar 2020 - 17 Jun 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £342,695 |
| Lots value | Not specified |
| Awards value | £342,695 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEPARTMENT FOR INTERNATIONAL TRADE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1H 0TL |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | KPMG |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 13 May 2020 at 13:11 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e460dc40-8b1e-40ca-8ee1-4b051eb7806c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/e460dc40-8b1e-40ca-8ee1-4b051eb7806c
  13th May 2020 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/d1991550-0fe9-483b-a7a7-8f371bc34c93
  n/a
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/36c88f1e-6ae4-45b0-83f3-5cc4514ded2b
  n/a

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-1a5d950f-3190-4b7c-a1a5-cffd56bd8914. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1a5d950f-3190-4b7c-a1a5-cffd56bd8914.json.