Section one: Contracting authority
one.1) Name and addresses
THE FINANCIAL REPORTING COUNCIL LIMITED
13th Floor, Exchange Tower, 1 Harbour Exchange Square
London
E14 9GE
Contact
Head of Procurement
Country
United Kingdom
Region code
UKI - London
Companies House
02486368
Internet address(es)
Main address
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Enterprise Resource Planning (ERP) System & Services
Reference number
FRC2026-001
two.1.2) Main CPV code
- 72000000 - IT services: consulting, software development, Internet and support
two.1.3) Type of contract
Services
two.1.4) Short description
THIS IS A CONTRACT AWARD NOTICE
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.
FRC has awarded a contract under the Crown Commercial Services (CCS), GCloud 14 framework agreement (RM1557.14).
two.1.6) Information about lots
This contract is divided into lots: Yes
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £2,244,888
two.2) Description
two.2.1) Title
System
Lot No
1
two.2.2) Additional CPV code(s)
- 72000000 - IT services: consulting, software development, Internet and support
two.2.3) Place of performance
NUTS codes
- UKC - North East (England)
- UKD - North West (England)
- UKE - Yorkshire and the Humber
- UKF - East Midlands (England)
- UKG - West Midlands (England)
- UKH - East of England
- UKI - London
- UKJ - South East (England)
- UKK - South West (England)
two.2.4) Description of the procurement
ERP System (contract 31/01/2026 for three years with the option to extend by a further 12 months).
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
FRC reserves the right to further extend by 12 months.
two.2) Description
two.2.1) Title
Services
Lot No
2
two.2.2) Additional CPV code(s)
- 72000000 - IT services: consulting, software development, Internet and support
two.2.3) Place of performance
NUTS codes
- UKC - North East (England)
- UKD - North West (England)
- UKE - Yorkshire and the Humber
- UKF - East Midlands (England)
- UKG - West Midlands (England)
- UKH - East of England
- UKI - London
- UKJ - South East (England)
- UKK - South West (England)
two.2.4) Description of the procurement
ERP Services
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
FRC reserves the right to further extend by 12 months.
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Award of a contract without prior publication of a call for competition in the cases listed below
- The procurement falls outside the scope of application of the regulations
Explanation:
CONTRACT AWARD NOTICE
The FRC has undertaken a Call Off under the CCS GCloud 14 Framework Agreement, therefore the procurement is compliant with PCR15.
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
30 January 2026
five.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Workday Limited
The Kings Building, 152-155 Church Street, Dublin 7, D07 AOTN, Ireland
Ireland
Country
Ireland
NUTS code
- IE - Ireland
Workday Limited - Ireland
521013
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £2,244,888
Lowest offer: £2,244,800 / Highest offer: £2,244,888 taken into consideration
Section six. Complementary information
six.3) Additional information
THIS IS A CONTRACT AWARD NOTICE.
This is a contract award under the Crown Commercial Services G-Cloud 14 (RM1557.14) Framework Agreement.
six.4) Procedures for review
six.4.1) Review body
The Financial Reporting Council
London
Country
United Kingdom