---
title: "Forecast System"
ocid: "ocds-b5fd17-a2a884ea-eca3-4a34-959c-840112791663"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a2a884ea-eca3-4a34-959c-840112791663"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a2a884ea-eca3-4a34-959c-840112791663.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-a2a884ea-eca3-4a34-959c-840112791663.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE FINANCIAL REPORTING COUNCIL LIMITED"
published: "2023-11-16"
---

# Forecast System

Buyer: THE FINANCIAL REPORTING COUNCIL LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-a2a884ea-eca3-4a34-959c-840112791663

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-a2a884ea-eca3-4a34-959c-840112791663)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-a2a884ea-eca3-4a34-959c-840112791663.json)

## Summary

The Financial Reporting Council Limited has awarded a contract for a Forecast System. The procurement process was initiated as a tender and has now been completed. The contract value is £60,000 GBP with a contract period from October 10, 2022, to October 9, 2024. The procurement method used was selective, and the procurement stage has reached the award phase. The contracting authority is based in London (EC2Y 5AS) and operates within the IT services category.

This tender presents an opportunity for businesses, especially those offering IT services like consulting, software development, and internet support, to provide a Planning and Forecasting solution to The Financial Reporting Council. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise organisations (VCSEs) are also suitable to participate in this procurement process. Interested businesses should note the deadline for tender submissions, which is September 10, 2022.

## Notice

THIS IS A CONTRACT AWARD NOTICE The FRC requires a Planning and Forecasting solution with reporting, consolidation, and analysis capabilities. Financial forecasting allows management teams to anticipate results based on previous financial data and expected changes. It will enable the FRC to optimize the forecasting activity to deliver enhanced benefits to the FRC. THIS ACTIVITY HAS BEEN CONCLUDED VIA A CCS FRAMEWORK AGREEMENT. Additional information: THIS A CONTRACT AWARD NOTICE. GCLOUD CALL OFF.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fe88fe55-1d35-4c54-b263-86942a45e18e |
| 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, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Nov 2023 |
| Submission deadline | 10 Sep 2022 |
| Future notice date | Not specified |
| Award date | 30 Sep 2022 |
| Contract period | 9 Oct 2022 - 9 Oct 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £60,000 |
| Lots value | Not specified |
| Awards value | £58,000 |
| 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 | THE FINANCIAL REPORTING COUNCIL LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2Y 5AS |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Bassishaw |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support

### Codes

- 72000000 - IT services: consulting, software development, Internet and support

## Release History

- 16 Nov 2023 at 15:32 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fe88fe55-1d35-4c54-b263-86942a45e18e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/fe88fe55-1d35-4c54-b263-86942a45e18e
  16th November 2023 - 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-a2a884ea-eca3-4a34-959c-840112791663. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a2a884ea-eca3-4a34-959c-840112791663.json.