Official UK procurement notice
CODEx XBRL Parser Service
Authority: THE FINANCIAL REPORTING COUNCIL LIMITED (Central government)
What is being bought
Published requirement descriptionThe 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 FRC undertook an experimental project to accelerate the use of XBRL structured data within a regulatory context. This project was called CODEx. The project delivered a powerful platform to use XBRL data, we have now taken that platform from its sandbox environment and embedded it within the FRC.
The FRC has built an SQL database within an AZURE environment, that contains certain data that has been processed from the XBRL accounts submitted to the FCA and Companies House. This data is combined with additional data from other public sources to create a powerful platform for policy analysis. This database is currently in operation.
In order for the XBRL data to be useable for our purposes it must (on a quarterly basis) be: (a)Identified and collected, (b)
Processed from XBRL into appropriate data format and (c)
Combined with additional data from a number of data sources.
To support the project we have tendered for a vendor to support the data collection and processing with key deliverables (over a period of 12 months). This is therefore a contract Award Notice.
CPV: IT services: consulting, software development, Internet and support
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£28,000
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Lot awarding rule: Technical / Quality and Price. See ITT
Procedure terms & legal framework
From the official record- Procedure method
- Below threshold - open competition
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Below threshold
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 7 May 2025, 16:43 BST
- Last source update
- 2 Jul 2025, 15:21 BST
- Authority reference
FRC2025-054- FTS notice number
2025/S 000-019509- Latest notice
- Contract award notice (UK6)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-050e35Find a Tender
How it was run
Official notice- Submission deadline
- 21 May 2025, 12:00 BST
- Clarification deadline
- 12 May 2025, 14:00 BST
- Electronic submission
- Not allowed
Please register your interest by emailing the FRC's procurement team - [email protected]
The FRC will share all tender queries and answer with those that have registered.
Your tender submission must be submitted within the deadline to
Timeline
7 May 2025 → 2 Jul 2025 · 5 dates- Tender notice published7 May 2025, 16:43 BST
- Clarification questions by12 May 2025, 14:00 BST
- Submission deadline21 May 2025, 12:00 BST
- Contract starts1 Jun 2025, 00:00 BST
- Latest notice published2 Jul 2025, 15:21 BST
Notice history
4 events · 2 releases on Find a Tender · since 7 May 2025- Tender notice published7 May 2025, 16:43 BSTUK4
- Contract award notice published2 Jul 2025, 15:21 BSTUK6
- Status changed to complete2 Jul 2025, 15:21 BST
- Contract signature expected3 Jul 2025, 23:59 BSTscheduled
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Reportix GmbhSME4 Jul 2025 – 3 Jul 2026 · up to 31 Dec 2026Extensions: 5 month extension · Options: Further Services of the same nature. | £28,000 | 17 Jun 2025 | Awarded |
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 9final-stage tenders | 5 | 0 | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Reportix GmbhAwarded supplier
Official documents & specifications (5)
Official links; attachments are not copiedTender pack and attachments
Notices published for this procedure
- Contract award notice Contract award notice on Find a Tender
- Tender notice Tender notice on Find a Tender