Award

External Audit

NHS SHARED BUSINESS SERVICES LTD (NHS SBS)

This public procurement record has 1 release in its history.

Award

29 Sep 2021 at 13:30

Award Notice
Summary of the contracting process

The procurement process involves an external audit contract being awarded to KPMG LLP by NHS Shared Business Services Ltd (NHS SBS) for the Royal Papworth Hospital NHS Foundation Trust. The contract, valued at £331,001, is part of the NHS SBS framework for audit services and is set to commence on 1st January 2022, lasting until 31st December 2024, with the option for extensions up to a total of five years. The tender period concluded on 16th August 2021, and the award was officially published on 29th September 2021. The industry category for this procurement is Auditing Services (CPV code 79212000), and it is located in Cambridge, England.

This tender presents substantial opportunities for businesses specialising in auditing and financial assurance services, particularly for those that can provide the high standards expected by the NHS. Companies should consider competitive differentiation in their service offerings and possibly explore partnerships or joint ventures to enhance their capabilities. Given the existing contract holder is KPMG LLP, smaller firms or newer entrants focusing on niche areas of auditing may find unique opportunities to innovate and compete effectively against larger firms.

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Notice Information

Notice Title

External Audit

Notice Description

This tender opportunity is being conducted under the NHS SBS framework for Internal and External Audit, Counter Fraud, and Financial Assurance Services, SBS/20/MA/ZY/10024. This requirement is for the provision of External Audit services to Royal Papworth Hospital NHS Foundation Trust. The initial term will be for a period of years with the maximum possible term with all extension options being 5 years. The estimated start date for this contract is the 1st January 2022 and the Trust hope to be in a position to award the contract by September 2021 following the successful completion of the tender process. For more information on Royal Papworth please visit https://royalpapworth.nhs.uk/our-hospital/about-us KPMG LLP are the existing provider of these services to the Trust

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-00d1b8c6-be3c-401f-8814-805cebc6a311
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/517bd4e3-f2cb-4a9d-a70a-724edcb7cae4
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79212000 - Auditing services

Notice Value(s)

Tender Value
£331,001 £100K-£500K
Lots Value
Not specified
Awards Value
£331,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Sep 20214 years ago
Submission Deadline
16 Aug 2021Expired
Future Notice Date
Not specified
Award Date
28 Sep 20214 years ago
Contract Period
1 Jan 2022 - 31 Dec 2024 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NHS SHARED BUSINESS SERVICES LTD (NHS SBS)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CAMBRIDGE
Postcode
CB2 0AY
Post Town
Cambridge
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
Not specified
Local Authority
Cambridge
Electoral Ward
Queen Edith's
Westminster Constituency
South Cambridgeshire

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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