Award

External Audit Services (CORP131)

SOMERSET NHS FOUNDATION TRUST

This public procurement record has 1 release in its history.

Award

12 Nov 2024 at 14:47

Award Notice
Summary of the contracting process

Somerset NHS Foundation Trust has awarded a contract for the provision of external audit services under the title "External Audit Services (CORP131)" within the statutory audit services industry category. The contract, valued at £814,050, will cover services for Somerset NHS Foundation Trust, Simply Serve Ltd, and Symphony Healthcare Services Ltd. The procurement followed a selective method, specifically a call-off from a framework agreement. The contract award was finalised on 12th November 2024 and covers the period from 1st July 2025 to 30th June 2028. The geographical focus for the services is in the South West region of the United Kingdom, aligning with the postal code TA1 5DA for delivery addresses.

This tender represents a significant opportunity for businesses in the audit and consultancy sector, particularly those capable of providing comprehensive statutory audit services. The contract's substantial value and multi-year span can provide consistent and reliable revenue streams. Small and medium enterprises are particularly encouraged to participate, although the contract does not specifically target voluntary, community, and social enterprises (VCSEs). The engagement of a large-scale supplier like KPMG LLP indicates the potential prestige and competitive landscape of this contract, making it an attractive proposition for firms looking to enhance their portfolio and grow their business with high-profile public sector clients.

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Notice Information

Notice Title

External Audit Services (CORP131)

Notice Description

Provision of external audit services to Somerset NHS Foundation Trust, Simply Serve Ltd and Symphony Healthcare Services Ltd.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-08f48792-cc94-4d79-9742-39d736d4c818
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/219a60ab-8431-4559-9312-917a8161e21c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79212300 - Statutory audit services

Notice Value(s)

Tender Value
£814,050 £500K-£1M
Lots Value
Not specified
Awards Value
£814,050 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
12 Nov 20241 years ago
Submission Deadline
28 Aug 2024Expired
Future Notice Date
Not specified
Award Date
12 Nov 20241 years ago
Contract Period
30 Jun 2025 - 30 Jun 2028 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
SOMERSET NHS FOUNDATION TRUST
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
TAUNTON
Postcode
TA1 4DY
Post Town
Taunton
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK62 Somerset
Delivery Location
TLK South West (England)
Local Authority
Somerset
Electoral Ward
Bishop's Hull & Taunton West
Westminster Constituency
Taunton and Wellington

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Further Information

Notice Documents

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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