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PROCUREMENT OPPORTUNITY

Research on the use of AI and other disruptive technologies in actuarial work

THE FINANCIAL REPORTING COUNCIL LIMITED · Contract details notice on Find a Tender

Tender information last checkedLast checked 1 Oct 2026, 19:31.

Opportunity overview

THIS IS A CONTRACT AWARD NOTICE The Financial Reporting Council (FRC) commissioned research into the use of AI and other disruptive technologies in actuarial work.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

Classification

No classification was supplied.

Lots

  • Lot 1Value not stated

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
FRC2025-168
Status
complete
Procurement Method
open
Procurement Method Details
Below threshold - open competition

Legal basis

Id
2023/54
Scheme
UKPGA

Lots and requirements

Entry 1
Id
1
Status
complete

Buyer, suppliers and contacts

Organisation 1
Name
THE FINANCIAL REPORTING COUNCIL LIMITED
Id
GB-COH-02486368

Identifier

Scheme
GB-COH
Id
02486368

Additional Identifiers

Entry 1
Scheme
GB-PPON
Id
PLRG-2717-VPBY

Address

Street Address
13th Floor, Exchange Tower, 1 Harbour Exchange Square
Locality
London
Postal Code
E14 9GE
Country
GB
Country Name
United Kingdom
Region
UKI42

Contact

Name
Head of Procurement
Telephone
+442074922300

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthorityCentralGovernment
Description
Public authority - central government
Organisation 2
Name
Bayes Business School, City St George's, University of London
Id
GB-COH-RC000121

Identifier

Scheme
GB-COH
Id
RC000121

Additional Identifiers

Entry 1
Scheme
GB-UKPRN
Id
10001478

Address

Street Address
City St George's, University of London, 106 Bunhill Row
Locality
London
Postal Code
EC1Y 8TZ
Country
GB
Country Name
United Kingdom
Region
UKI43

Contact

Roles

supplier

Details

Scale
large
Vcse
No

Award information

Award 1
Id
1
Status
active
Main Procurement Category
services

Items

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
73000000
Description
Research and development services and related consultancy services

Delivery locations

Entry 1
Region
UK
Country
GB
Country Name
United Kingdom

Suppliers

Supplier 1
Id
GB-COH-RC000121
Name
Bayes Business School, City St George's, University of London

Related lots

1

Contracts and changes

Entry 1
Id
1
Award ID
1
Title
Research on the use of AI and other disruptive technologies in actuarial work
Status
active
Has Renewal
Yes
Has Options
Yes
Above Threshold
No
Date Signed
21 Apr 2026, 00:00

Period

Starts
27 Apr 2026, 00:00
Ends
21 Dec 2026, 23:59
Max Extent Date
30 Apr 2027, 23:59

Renewal

Description
up to 4 (four) months extension possible

Options

Description
Additional research services of the same nature.

Value

Including VAT
95,461.46
Amount
79,551.22
Currency
GBP

Documents

Entry 1
Id
046631-2026
Document Type
contractNotice
Notice Type
UK7
Description
Contract details notice on Find a Tender
Published
20 May 2026, 16:30
Format
text/html

Recorded locations

  • Buyer location · London · UKI42 · E14 9GE · United Kingdom

Notice and amendment history

2 published notice versions reviewed by ProcuraAxis.

2 VERSIONS
  1. 013466-2026Tender notice on Find a Tender ·
  2. 046631-2026Contract details notice on Find a Tender ·