Award

TfL 93721 External Audit for TTL

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

29 Mar 2018 at 10:39

Summary of the contracting process

The procurement process pertains to an external audit contract titled "TfL 93721 External Audit for TTL," facilitated by Transport for London (TfL), located in London, United Kingdom. This undertaking falls under the financial and insurance services category and has a total contract value of £3,200,000. The procurement method employed was selective, specifically a call-off from a framework agreement, with the contract period commencing on 7th March 2018 and concluding on 31st July 2024. It is important to note that the tender was published on 29th March 2018, and the tender period ended on 6th March 2018.

This contract presents significant opportunities for growth, particularly for businesses in the financial services sector, including audit firms and consultancy services. Companies with expertise in auditing and compliance, particularly large firms with the capacity to manage substantial contracts, may find this tender particularly suited to their capabilities. Engaging in such procurement can not only yield immediate revenue but also enhance a firm's portfolio and credibility within the public sector marketplace.

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Notice Title

TfL 93721 External Audit for TTL

Notice Description

The Service Provider is appointed auditor of TTL in accordance with the Companies Act 2006/ICAEW audit regulations

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0eb49227-7bdb-40d5-bace-789901668406
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7365d075-de00-4c12-8012-572eee806d3f
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£3,200,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,200,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
29 Mar 20187 years ago
Submission Deadline
6 Mar 2018Expired
Future Notice Date
Not specified
Award Date
6 Mar 20187 years ago
Contract Period
7 Mar 2018 - 31 Jul 2024 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
TRANSPORT FOR LONDON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1H 0BD
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST & YOUNG

Open Contracting Data Standard (OCDS)

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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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