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PROCUREMENT OPPORTUNITY

Research Services: Unlocking Barriers to Audit Technology

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

Tender information last checkedLast checked 23 Sept 2026, 11:52.

Opportunity overview

THIS IS A CONTRACT AWARD 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 Financial Reporting Council (FRC) is committed to supporting a resilient audit market which delivers high-quality services and outcomes. FRC research and stakeholder engagement highlight that the largest audit firms are making significant advances in the use of technology. Mid-tier audit firms are also experimenting and adopting new tools, with varying levels of maturity in their approaches. Smaller audit firms, however, often face greater barriers to adoption, including limited time, resource constraints, technical expertise, and perceived need. As a result, they may be less able to invest in audit technology and are more likely to rely on off-the-shelf third-party solutions. FRC via further competition under the Government Commercial Agency (GCA) framework agreement - CCS Research & Insights - GCA have commissioned an independent research provider to undertake qualitative research into the factors influencing the adoption and usage of audit technology across the UK audit market.

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.

IFF Research Limited

Matched by number
Contract value
£74.9k
Awarded
Not supplied
Contract signed
16 Sept 2026
Including VAT
£89.8k
Award ID
1
Status
active
Identifier
GB-COH 00849983
Location
London, UKI44, SE1 0HR, United Kingdom

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
FRC2026-071
Status
complete
Procurement Method
limited
Procurement Method Details
Below threshold - limited 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

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthorityCentralGovernment
Description
Public authority - central government
Organisation 2
Name
IFF Research Limited
Id
GB-COH-00849983

Identifier

Scheme
GB-COH
Id
00849983

Address

Street Address
65 Southwark Street
Locality
London
Postal Code
SE1 0HR
Country
GB
Country Name
United Kingdom
Region
UKI44

Contact

Roles

supplier

Details

Scale
sme
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
UKC
Country
GB
Country Name
United Kingdom
Entry 2
Region
UKD
Country
GB
Country Name
United Kingdom
Entry 3
Region
UKE
Country
GB
Country Name
United Kingdom
Entry 4
Region
UKF
Country
GB
Country Name
United Kingdom
Entry 5
Region
UKG
Country
GB
Country Name
United Kingdom
Entry 6
Region
UKH
Country
GB
Country Name
United Kingdom
Entry 7
Region
UKI
Country
GB
Country Name
United Kingdom
Entry 8
Region
UKJ
Country
GB
Country Name
United Kingdom
Entry 9
Region
UKK
Country
GB
Country Name
United Kingdom

Suppliers

Supplier 1
Id
GB-COH-00849983
Name
IFF Research Limited

Related lots

1

Contracts and changes

Entry 1
Id
1
Award ID
1
Title
Research Services: Unlocking Barriers to Audit Technology
Status
active
Has Renewal
Yes
Has Options
Yes
Above Threshold
No
Date Signed
17 Sept 2026, 00:00

Period

Starts
24 Sept 2026, 00:00
Ends
27 Mar 2027, 23:59
Max Extent Date
24 Sept 2027, 23:59

Renewal

Description
A further 6 months .

Options

Description
Additional Services of the same / similar nature.

Value

Including VAT
89,820
Amount
74,850
Currency
GBP

Documents

Entry 1
Id
088185-2026
Document Type
contractNotice
Notice Type
UK7
Description
Contract details notice on Find a Tender
Published
17 Sept 2026, 12:57
Format
text/html

Recorded locations

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

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. 088185-2026Contract details notice on Find a Tender ·