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CA16734 - CPC/RL/01/24: Audit and Financial Services

Preston College

This public procurement record has 1 release in its history.

Award

29 Jul 2026 at 14:45

Award Notice
Summary of the contracting process

Preston College appointed an external auditor to provide statutory audit and related financial audit services. The requirement covers a range of audits for the college over a multi-year engagement, with performance reviewed annually. The buyer is Preston College, based at St Vincent’s Road, Fulwood, Preston. The service falls within professional audit and financial services (CPV 79212300). This is a services procurement intended for an audit practice or financial services firm able to work with a further education college and deliver independent audit work to the required statutory and financial standards. The recorded delivery location is Preston, although the procurement record also identifies broader delivery locations.

The procurement is complete and has been awarded following an open procedure. Bids had to be submitted by 31 May 2026. HAYSMAC LLP was awarded the contract on 29 July 2026 for £126,210 including the stated currency of GBP. The contract runs from 1 June 2026 to 31 May 2029, giving a three-year term. The award covers the full external audit and financial services requirement for Preston College. The engagement is subject to annual performance reviews. The published procurement category is services, and the stated classification is statutory audit services. No separate lot structure or additional award basis is recorded.

This award demonstrates established demand from Preston College for an external audit provider capable of delivering statutory audit services and a broader range of financial audits within a further education setting. A credible competitor for a future requirement would need an appropriately qualified audit team, demonstrable experience of independent statutory and financial audits, and the capacity to maintain service quality across a multi-year engagement. The annual performance review arrangement indicates that consistent delivery, clear reporting, reliable communication and responsiveness would matter alongside technical competence. The opportunity was identified as suitable for small and medium-sized enterprises, so an SME audit practice with relevant education-sector experience and sufficient partner and staff capacity could be well placed to compete.

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Notice Information

Notice Title

CA16734 - CPC/RL/01/24: Audit and Financial Services

Notice Description

Preston College seeks to appoint an external auditor to perform a range of audits over a three-year period, subject to annual performance reviews. To access this competition: Registered: Login to https://suppliers.multiquote.com and view the opportunity CA16734. Not registered: Visit https://suppliers.multiquote.com then register and quote CA16734 as the reason for registration. Any queries please contact MultiQuote on 020 3920 8054.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0ff59ba2-da83-418f-a401-62848d62b27c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/83d7a97c-5ea9-44ab-915a-d5a5d19b83ba
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

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
Not specified
Lots Value
Not specified
Awards Value
£126,210 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 Jul 20262 months ago
Contract Period
1 Jun 2026 - 31 May 2029 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
Preston College
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PRESTON
Postcode
PR2 9UR
Postcode Area
Preston
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD45 Mid Lancashire
Delivery Location
Not specified
Local Authority
Preston
Electoral Ward
City Centre
Westminster Constituency
Preston

Supplier Information

Number of Suppliers
1
Supplier Name

HAYSMAC LLP

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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