Buyer profile · Local authority
The Financial Reporting Council Limited tenders and contracts
Official name on notices: THE FINANCIAL REPORTING COUNCIL LIMITED
- Tenders published
- 11
- About one every 33 days
- Contracts awarded
- 19
- To 27 different suppliers
- Value awarded
- £2.55m
- 17 contracts, frameworks excluded
- Typical contract
- £68k
- Median value awarded
- Open now
- 3
- 3 contracts end in 90 days
Figures cover in the last 12 months, from notices on Find a Tender and Contracts Finder.
Open tenders
- £100kestimated
- £125kestimated
- £38kestimated
When it goes to market
Tender notices published each month. Active in 7 of 12 months.
What it buys
Procurements in the last 12 months, by trade.
Who it buys from
Suppliers awarded contracts in the last 12 months, by value awarded (frameworks excluded).
How it buys
How much of its work was open to any supplier.
- Advertised openly (any supplier could bid)59%
- Framework call-off (only suppliers on the framework)5%
- Invited quotes (the buyer chose whom to ask)14%
- Direct award (no competition)23%
Scorecard
How we scoreHow The Financial Reporting Council Limited has bought over the last 12 months, compared with similar buyers.
- Time to bid
- 28 days
- Shorter than 80% of local authorities
- Based on 11 advertised tenders
- Advertised openly
- 59%
- Higher than 56% of local authorities
- Based on 22 procurements
- Won by small firms
- 50%
- Lower than 85% of local authorities
- Based on 28 winning suppliers
- Bids per contract
- 11.5
- More than 92% of local authorities
- Based on 6 awards
- Split into lots
- 9%
- Lower than 63% of local authorities
- Based on 11 advertised tenders
- Direct awards
- 23%
- Lower than 52% of local authorities
- Based on 22 procurements
- Cancelled
- 0%
- Lower than 60% of local authorities
- Based on 11 tenders
Compared with other local authorities
This buyer: 28 days
Show as a table
| Range | Buyers |
|---|---|
| 0–5 days | 1 |
| 5–10 days | 0 |
| 10–15 days | 0 |
| 15–20 days | 2 |
| 20–25 days | 17 |
| 25–30 days | 135 |
| 30–35 days | 132 |
| 35–40 days | 27 |
| 40–45 days | 2 |
| 45–50 days | 2 |
| 50–55 days | 1 |
| 55–60 days | 0 |
| 60+ days | 0 |
This buyer: 11.5
Show as a table
| Range | Buyers |
|---|---|
| 0–2 bids | 4 |
| 2–4 bids | 78 |
| 4–6 bids | 89 |
| 6–8 bids | 57 |
| 8–10 bids | 18 |
| 10–12 bids | 16 |
| 12–14 bids | 8 |
| 14–16 bids | 3 |
| 16–18 bids | 2 |
| 18–20 bids | 0 |
| 20+ bids | 9 |
This buyer: 59%
Show as a table
| Range | Buyers |
|---|---|
| 0–10% | 21 |
| 10–20% | 29 |
| 20–30% | 44 |
| 30–40% | 46 |
| 40–50% | 47 |
| 50–60% | 52 |
| 60–70% | 45 |
| 70–80% | 27 |
| 80–90% | 44 |
| 90–100% | 63 |
This buyer: 50%
Show as a table
| Range | Buyers |
|---|---|
| 0–10% | 0 |
| 10–20% | 2 |
| 20–30% | 6 |
| 30–40% | 13 |
| 40–50% | 25 |
| 50–60% | 70 |
| 60–70% | 109 |
| 70–80% | 88 |
| 80–90% | 54 |
| 90–100% | 27 |
Each column is a group of local authorities with similar figures. The coloured column holds The Financial Reporting Council Limited.See the full scoreboard
Contracts ending in the next 90 days
Contracts like these are often re-tendered. Knowing early gives you time to prepare.
| Contract | Current supplier | Value | Ends |
|---|---|---|---|
| Research on the use of AI and other disruptive technologies in actuarial work | City St Georges University of London | £80k | 21 Dec 2026 |
| Audit Qualification 2030: Structured interviews with non-PIE Audit firms | I.f.f Research Limited | £50k | 31 Dec 2026 |
| Research Services (Benchmarking the Value of XBRL and structured data in an AI-Driven Reporting Environment) | Lancaster University | £68k | 27 Jan 2027 |