Estimated Value
Up to £28,000
Deadline
21 May 2025
Published
2 July 2025
Type
Not specified
Overview
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 FRC undertook an experimental project to accelerate the use of XBRL structured data within a regulatory context. This project was called CODEx.
The project delivered a powerful platform to use XBRL data, we have now taken that platform from its sandbox environment and embedded it within the FRC. The FRC has built an SQL database within an AZURE environment, that contains certain data that has been processed from the XBRL accounts submitted to the FCA and Companies House.
Additional details
This data is combined with additional data from other public sources to create a powerful platform for policy analysis. This database is currently in operation.
In order for the XBRL data to be useable for our purposes it must (on a quarterly basis) be: (a)Identified and collected, (b) Processed from XBRL into appropriate data format and (c) Combined with additional data from a number of data sources. To support the project we have tendered for a vendor to support the data collection and processing with key deliverables (over a period of 12 months). This is therefore a contract Award Notice.
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Award Details
Reportix Gmbh
£28,000
Likely incumbents
Suppliers who won similar work from this buyer in the last 5 years.
- 1
I.F.F RESEARCH LIMITED
£117,430
total awarded
- 2
Goodman Masson Limited
£700,000
total awarded
- 3
Hays Specialist Recruitment Limited
£700,000
total awarded
- 4
365 HRC
1 contract wonlatest 30 Sept 2026ends 19 Oct 2028£700,000
total awarded
- 5
D W I Consulting
£700,000
total awarded
I.F.F RESEARCH LIMITED is the most likely incumbent based on recency and category match. To win, bidders typically need a clearly differentiated proposition or a price advantage.
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two years of filed accountsyour financial standingturnover vs contract valueyour Companies House recordcash flow for 30-day termscredit scores and ratios
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Buyer Profile
THE FINANCIAL REPORTING COUNCIL LIMITEDKey Dates
Published
2 July 2025
Submission deadline
21 May 2025
Notice type
award
Source
find a tender
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