FAQs

What is an FVRA?

Financial Viability Risk Assessment (FVRA) is the manual data input and analysis tool provided by the Government Commercial Function (GCF). It forms a mandatory part of government department’s sourcing and contract management process.

Do I need to complete an FVRA?

An FVRA, as part of the Assessment and Monitoring the Economic and Financial Standing of Suppliers, is mandated as part of the Sourcing, Consultancy and Construction Playbooks.

How long does it take to generate results in RiskTrace?

RiskTrace will tell you if it has data on the organisation immediately, then it is a matter of seconds to generate a full report.

Can I try out the platform?

YES! Pre-register today for a free account and you can add 10 x suppliers.

How much does it cost to create a report?

A standard FVRA for a single organisation costs £25 + VAT. Please contact us for volume pricing.

Do you have data for all UK companies?

We have up to 10 years of published accounts for greater than 90% of all UK registered companies.

Let’s get started

RiskTrace is where procurement managers manage suppliers, bidders and contracts.

Simple and easy-to-use, RiskTrace’s software helps ensure transparency and risk management for government contracts.