Tender

Accounts Payable Analytical Review

LONDON BOROUGH OF BROMLEY

This public procurement record has 2 releases in its history.

Tender

16 Sep 2024 at 07:35

Tender Notice
Tender

12 Sep 2024 at 15:36

Tender Notice
Summary of the contracting process

The London Borough of Bromley is currently in the Tender stage for a project titled "Accounts Payable Analytical Review", falling under the Financial and insurance services category. This procurement involves a comprehensive review of six years' worth of historical accounts payable transactions, excluding those less than five months old. The contract, valued at £200,000, will commence in January 2025 for approximately one year, with the option for extension. The procurement method is an open procedure. Interested and suitably qualified tenderers must submit their bids by 21st October 2024. The project is located in England, United Kingdom.

This tender represents a significant opportunity for businesses specialising in financial audits, data analytics, and financial services consulting. Small and Medium Enterprises (SMEs) are particularly encouraged to apply. Winning this contract could offer substantial business growth potential by enhancing service portfolios and demonstrating expertise in handling large-scale governmental financial reviews. It allows successful tenderers to establish or strengthen their relationship with a key public sector entity, the London Borough of Bromley, which could lead to future contract opportunities.

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Notice Information

Notice Title

Accounts Payable Analytical Review

Notice Description

The London Borough of Bromley (the Council) is seeking a new Service Provider to undertake a historical Accounts Payable analytical review at the Council. The payments and transactions to be analysed will cover a six (6) year period and will not cover any transactions less than five months old. The Council is seeking bids from Tenderers who are suitably qualified and experienced and have the capacity to manage the Project as set out in the Service Specification and accompanying Tender Documents. The Contract will commence November 2024 for an estimated period of one (1) year or until the analytical review has been completed. The Contract will be a task-based arrangement to analyse six (6) years' worth of transactions. If the initial review is successful, there will be the option to extend the timeframe of transactions under review at the sole discretion of the Council.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0942f314-a7f4-43fd-be26-38a65e9ef682
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d2a3c038-fd68-45ae-95c5-dc71d3797602
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Sep 20241 years ago
Submission Deadline
21 Oct 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
20 Jan 2025 - 31 Aug 2025 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF BROMLEY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BROMLEY
Postcode
BR1 3UH
Post Town
Bromley
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI61 Bromley
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Bromley
Electoral Ward
Bromley Town
Westminster Constituency
Bromley and Biggin Hill

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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