---
title: "Endorsement Board - Research Project"
ocid: "ocds-b5fd17-fc23b675-4b18-4929-af51-e27789615240"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-fc23b675-4b18-4929-af51-e27789615240"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-fc23b675-4b18-4929-af51-e27789615240.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-fc23b675-4b18-4929-af51-e27789615240.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE FINANCIAL REPORTING COUNCIL LIMITED"
published: "2020-05-19"
---

# Endorsement Board - Research Project

Buyer: THE FINANCIAL REPORTING COUNCIL LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-fc23b675-4b18-4929-af51-e27789615240

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## Summary

The Financial Reporting Council Limited (FRC) has awarded a contract for the "Endorsement Board - Research Project," aimed at providing economic expertise as part of the ex ante impact analysis of IFRS 17 Insurance Contracts. This project falls under the category of Research and Development Services, specifically labelled as CPV code 73000000. The contract, valued at £49,500, commenced on 18 May 2020 and will be conducted in London until 30 October 2020. The procurement method was an open procedure, and the tender phase concluded with a deadline for submissions on 11 May 2020.

This tender presents significant opportunities for businesses in the research and consultancy sectors, particularly those specialising in economic analysis related to financial reporting and insurance contracts. Small and medium-sized enterprises (SMEs) and voluntary and community sector organisations (VCSEs) are well-positioned to compete for similar projects, given the emphasis on promoting transparency and providing expert insights for regulatory assessments. Engaging in this contract can enable businesses to expand their portfolios and establish partnerships with governmental bodies.

## Notice

The Financial Reporting Council (FRC) welcomes proposals for a UK Endorsement Board Research project. The objective of the project is to assist the staff of the UK Endorsement Board in their ex ante impact analysis of IFRS 17 Insurance Contracts (IFRS 17) by providing economic expertise in specified areas. This will serve as an input to the assessment of whether the use of IFRS 17 is likely to have an adverse impact on the economy of the UK, including on economic growth. The project is expected to take place between May 2020 and October 2020. +++ This is only a summary. Please refer to the PDF attachment for the full Invitation to Tender and instructions on how to submit a bid +++ Additional information: THIS TENDER IS CLOSED. THIS IS THE AWARD NOTICE.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3fff126c-bcc7-4ff9-afcc-e6f675d0f8cc |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 May 2020 |
| Submission deadline | 11 May 2020 |
| Future notice date | Not specified |
| Award date | 17 May 2020 |
| Contract period | 17 May 2020 - 30 Oct 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £50,000 |
| Lots value | Not specified |
| Awards value | £49,500 |
| 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 | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | EUROPE ECONOMIC RESEARCH |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73000000 - Research and development services and related consultancy services

## Release History

- 19 May 2020 at 10:18 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3fff126c-bcc7-4ff9-afcc-e6f675d0f8cc
- 14 Apr 2020 at 13:24 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/ab9ed606-9ce6-4323-b84e-4a4066ab5c22

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3fff126c-bcc7-4ff9-afcc-e6f675d0f8cc
  19th May 2020 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/ab9ed606-9ce6-4323-b84e-4a4066ab5c22
  14th April 2020 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/69bb751c-fd36-4541-bccc-d357fc89d3ed
  Invitation to Tender
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/ce90ac85-9441-4f90-a4fa-d1776c965c78
  Tender Response Document

## 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-fc23b675-4b18-4929-af51-e27789615240. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-fc23b675-4b18-4929-af51-e27789615240.json.