Expired contract

Risk & Controls management software

Details

Value
£55,550
Duration
2 years
Topic
Risk management insurance services
Published
3 October 2022

Tender description

THIS IS A CONTRACT AWARD NOTICE The purpose of the Financial Reporting Council (FRC) is to serve the public interest by setting high standards of corporate governance, reporting and audit and by holding to account those responsible for delivering them. As part of our commitment to improving our organisational risk maturity we have identified the benefits of an automated reporting tool, to support better analytics and insight for data-driven decisions and address staff concerns. The tender was to procure Risk management software to embed optimum risk management across organisation. A Risk & Controls management software covering all functionality, cloud hosting, unlimited storage, support services (both telephone and email support), proactive), quarterly review meetings, pro-active account management, bug fixes and ongoing functional development of the software, training and training material(s).

Timeline

  1. Completed: Award date28 September 2022
  2. Completed: Award published3 October 2022
    Current notice
  3. Completed: Contract expiry date16 October 2024

About the buyer

The Financial Reporting Council is a public sector organisation that buys as a central government body. A procurement team within Corporate Services handles its purchasing. Suppliers are expected to follow good practice in information security, financial management and business continuity.

Over the past 5 years, most of Financial Reporting Council's contract awards have been in research and development, business services and IT services.

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