---
title: "Digital Reporting Education & Outreach (DREO) Innovation sprint support."
ocid: "ocds-h6vhtk-05ece5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05ece5"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05ece5.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05ece5.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "THE FINANCIAL REPORTING COUNCIL LIMITED"
published: "2026-02-11"
---

# Digital Reporting Education & Outreach (DREO) Innovation sprint support.

Buyer: THE FINANCIAL REPORTING COUNCIL LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-05ece5

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## Summary

The Financial Reporting Council Limited (FRC), located in London, United Kingdom, has completed the procurement process for its initiative titled 'Digital Reporting Education & Outreach (DREO) Innovation Sprint Support'. The procurement addressed the public authority - central government industry category, focusing on services related to IT consulting and software development. Utilising an open competition below threshold procurement method, this active contract offers opportunities for innovation in digital reporting and the use of XBRL data across various locations within the UK. The procurement stage is currently at the award level, with a key contract period running from 12th January 2026 to 31st March 2026. The awarded supplier for this tender is the Open Data Institute, which will engage stakeholders and manage the innovation sprints for the FRC.

This tender heralds significant potential for business growth specifically in the FinTech, corporate reporting, and accounting sectors. Companies with expertise in IT services, consulting, software development, and Internet support are well-suited to leverage the opportunities from these innovation sprints. The procurement seeks to enable analytical insights across millions of annual reports filed in the structured digital iXBRL format. By supporting data ecosystem enhancement and fostering stakeholder engagement, businesses participating in this tender can deepen their contributions to the financial and corporate governance realm, providing solutions that uphold high standards of corporate reporting and create valuable use cases. The engagement during these sprints will also pave the way for expanding UK capital markets through innovations in data utilisation.

## Notice

THIS IS A CONTRACT AWARD NOTICE 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 purpose of the FRC is to serve the public interest and support UK economic growth by upholding high standards of corporate governance, corporate reporting, audit and actuarial work. The FRC's Digital Reporting and Taxonomy team set the UK's digital reporting taxonomy. Our taxonomy is used by millions of companies in the UK to file annual report data to regulators and we are keen to ensure that the data is used to its fullest potential. The UK has a focus on economic growth, support for longer-term investment and a drive to maintain and enhance the UK's capital markets. A key enabler for all these goals is a data ecosystem that provides useful insights to the widest audience and at the lowest cost. To achieve this, it is critical to enable access to both the data and the tools to analyse the data. The UK is a world leader in collecting company and organisational data in structured digital form in the iXBRL (Inline eXtensible Business Reporting Language) format. Of the 3.1 million accounts published annually on the Companies House register, 80% are available in iXBRL format. In addition, more than 500 issuers on regulated markets file their annual reports in iXBRL format with the FCA. The FRC was seeking a supplier to design and facilitate a Four (4) month innovation sprint, supporting the DREO initiative to: * Identify and engage relevant stakeholder groups from across the corpotate reporting, FinTech, accounting and xbrl ecosystem for the innovation sprints. * Run the innovation sprints to explore key themes and challenges related to the production and use of XBRL data from listed and non-listed company, charaties and other organisations annual accounts. And provide for the facilitation of group discussions or working groups to address, experiment with and consider technical topics and develop practical use cases based upto three regulator led challenges. * Synthesis and Report on the sprints including a final report or roadmap that brings together the insights and outputs from the engagement activities including barriers, gap analysis and use cases. * Provide programme management, stakeholder coordination, and documentation related to the sprints.

### Lot Information

Lot 1

Options: Additional Services of the same nature.

Renewal: In the event of delay to the project activities and/or the inclusion of additional Services of the same nature.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/012626-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Below threshold - open competition |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Feb 2026 |
| Submission deadline | 15 Dec 2025 |
| Future notice date | Not specified |
| Award date | 7 Jan 2026 |
| Contract period | 12 Jan 2026 - 31 Mar 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £35,000 |
| Lots value | £35,000 |
| Awards value | Not specified |
| Contracts value | £34,385 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THE FINANCIAL REPORTING COUNCIL LIMITED |
| Locality | LONDON |
| Post town | East London |
| Postcode | E14 9GE |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Blackwall & Cubitt Town |
| Westminster constituency | Poplar and Limehouse |
| Delivery location | TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | OPEN DATA INSTITUTE |

## CPV Codes

### Divisions

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

### Codes

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

## Release History

- 11 Feb 2026 at 17:47 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/012626-2026
- 2 Dec 2025 at 12:58 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/078907-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/012626-2026
  11th February 2026 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/078907-2025
  2nd December 2025 - Tender notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/Attachment/A-8638
- https://www.find-tender.service.gov.uk/Notice/Attachment/A-8639

## Notice URLs

- http://www.frc.org.uk
- https://theodi.org/
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-h6vhtk-05ece5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05ece5.json.