---
title: "FRC 2021-22 AQR Review Cycle and Additional 20-21 Costs"
ocid: "ocds-b5fd17-425dcd05-e1d8-4ce1-97e7-0f3408ad85a1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-425dcd05-e1d8-4ce1-97e7-0f3408ad85a1"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-425dcd05-e1d8-4ce1-97e7-0f3408ad85a1.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-425dcd05-e1d8-4ce1-97e7-0f3408ad85a1.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NATIONAL AUDIT OFFICE"
published: "2022-10-06"
---

# FRC 2021-22 AQR Review Cycle and Additional 20-21 Costs

Buyer: NATIONAL AUDIT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-425dcd05-e1d8-4ce1-97e7-0f3408ad85a1

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## Summary

The National Audit Office awarded a contract for the FRC 2021-22 AQR Review Cycle and Additional 20-21 Costs to THE FINANCIAL REPORTING COUNCIL LIMITED. The procurement process was under the classification of Financial auditing services, with a contract value of £500,000. The tender, conducted through the procurement method 'Other - Sole Source Supplier', had a tender period ending on 15th August 2022 and a contract period from 15th September 2022 to 14th September 2023. The location of the procurement is London (SW1W 9SP).

This contract presents business growth opportunities for companies in the financial auditing services sector. Small and medium-sized enterprises (SMEs) particularly stand to benefit, given the suitability aspect highlighted for SMEs. THE FINANCIAL REPORTING COUNCIL LIMITED, as the awarded supplier, can leverage this contract to expand its operations and reputation within the industry. Businesses with expertise in financial audit and firmwide procedures are well-positioned to compete and potentially secure future contracts in a similar domain.

## Notice

FRCs AQR review of Financial Audit and Firmwide Procedures

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ff6b3755-e2f7-45c8-87e4-5877dd2ee275 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Sole Source Supplier |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 6 Oct 2022 |
| Submission deadline | 15 Aug 2022 |
| Future notice date | Not specified |
| Award date | 31 Aug 2022 |
| Contract period | 14 Sep 2022 - 14 Sep 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £500,000 |
| Lots value | Not specified |
| Awards value | £500,000 |
| 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 | NATIONAL AUDIT OFFICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1W 9SP |
| 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 | Pimlico North |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | THE FINANCIAL REPORTING COUNCIL |

## CPV Codes

### Divisions

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

### Codes

- 79212100 - Financial auditing services

## Release History

- 6 Oct 2022 at 11:11 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/ff6b3755-e2f7-45c8-87e4-5877dd2ee275

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/ff6b3755-e2f7-45c8-87e4-5877dd2ee275
  6th October 2022 - Awarded contract notice on Contracts Finder

## 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-b5fd17-425dcd05-e1d8-4ce1-97e7-0f3408ad85a1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-425dcd05-e1d8-4ce1-97e7-0f3408ad85a1.json.