Award

Norse Group External Auditing Services

NORSE GROUP

This public procurement record has 1 release in its history.

Award

19 Jan 2022 at 11:10

Summary of the contracting process

The Norse Group, located in Norwich, UK, recently awarded a contract for External Auditing Services, with a total value of £3,000,000. The procurement process was initiated via an open tender procedure, and the awarded supplier is PricewaterhouseCoopers LLP (PwC UK). The contract period runs from 1st October 2022 to 30th September 2028, following a tender period that concluded on 23rd December 2021. This tender falls under the industry category of Accounting, auditing and fiscal services and primarily serves the public sector and Local Authorities.

This opportunity is particularly suitable for small to medium-sized enterprises (SMEs) that specialise in auditing and accountancy services, especially those with experience in public sector contracts and Local Authority Accounting. The complexity involved in consolidating financial statements and adhering to International Standards on Auditing makes this contract ideal for businesses well-versed in regulatory compliance and public sector knowledge. Engaging in this procurement process could enhance competitive positioning and foster further growth within the public service sector for participating businesses.

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Notice Title

Norse Group External Auditing Services

Notice Description

The provision of compliant external audit services to the Norse Group. The group comprises Norse Commercial Services (NCS), property consultancy services specialist NPS Group (NPS) and care services provider Norse Care Limited (NCL). Providers must also have a thorough knowledge and understanding of the complexity associated with public sector and Local Authority Accounting. The Financial Statements of Norse Group Limited are required to be consolidated into the accounts of Norfolk County Council (NCC) and this requires a revised presentation of its annual results into a 'group reporting pack' as determined by NCC. Requirement to audit and produce a report to the Group auditors of NCC on the 'group reporting pack' under International Standards on Auditing (ISA's) in accordance with ISA 800.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-23948308-e7fd-497a-b766-841359f3b587
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/615da817-7c4c-44a8-b5ab-cbf9bb45eeda
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

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

Notice Dates

Publication Date
19 Jan 20224 years ago
Submission Deadline
23 Dec 2021Expired
Future Notice Date
Not specified
Award Date
23 Dec 20214 years ago
Contract Period
30 Sep 2022 - 30 Sep 2028 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
NORSE GROUP
Contact Name
Not specified
Contact Email
lloyd.craske@norsegroup.co.uk
Contact Phone
+4401603894258

Buyer Location

Locality
NORWICH
Postcode
NR6 6EQ
Post Town
Norwich
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
Not specified

Local Authority
Norwich
Electoral Ward
Catton Grove
Westminster Constituency
Norwich North

Supplier Information

Number of Suppliers
1
Supplier Name

PRICEWATERHOUSECOOPERS LLP (PWC

Further Information

Notice Documents

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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