Award

Accountancy Services and Automated Data Collection Development

DEPARTMENT FOR EDUCATION

This public procurement record has 4 releases in its history.

AwardUpdate

05 Sep 2018 at 11:00

Award

09 Jul 2018 at 09:25

TenderAmendment

27 Apr 2018 at 14:02

Tender

23 Mar 2018 at 12:06

Summary of the contracting process

The Department for Education is currently engaged in a public procurement process for 'Accountancy Services and Automated Data Collection Development,' aimed at enhancing financial reporting for academy trusts in England. This open procedure tender, which is above the threshold, had a submission deadline on 4th May 2018. The contract, valued at £7,500,000, is set to commence on 11th June 2018 and will run until 30th September 2021, with services primarily delivered in London.

This procurement presents significant opportunities for companies specialising in accounting services, particularly those with expertise in automating data collection and financial reporting technologies. As the Department for Education seeks to eventually bring these services in-house, there is potential for firms that can provide innovative solutions and demonstrate efficiency in financial processes to establish a long-term partnership. Large-scale firms and those with specialised capabilities in software development and financial analysis would be well-positioned to compete in this tender.

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Notice Title

Accountancy Services and Automated Data Collection Development

Notice Description

This contract forms a critical part of the Department's strategy to continue to improve its financial reporting relating to academy trusts. We are seeking a supplier to work closely with us as we aim to deliver the academies Sector Annual Report and Accounts (SARA) more quickly and without any audit qualifications. We also want to enhance our approach to financial reporting to deliver improvements that increase value and reduce burdens. There are two key aspects of this contract: *Accountancy services to support the production of the SARA for the academies sector in England. This involves making validations against and accounting adjustments of financial and non-financial data collected from each Academy Trust before consolidation for the SARA. *Automating the collection of the data from each Academy Trust to DfE. This involves end-to-end technology transformation. DfE is seeking to bring the majority of the services of this contract in-house over the course of the three-year term

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-23eb6400-0f49-486c-b0a8-6047ecc1009b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2c6a7c17-7265-40b1-b646-7e819dd41708
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79211000 - Accounting services

Notice Value(s)

Tender Value
£7,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£6,030,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Sep 20187 years ago
Submission Deadline
4 May 2018Expired
Future Notice Date
Not specified
Award Date
18 Jun 20187 years ago
Contract Period
30 Sep 2018 - 30 Sep 2021 3-4 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
DEPARTMENT FOR EDUCATION
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
SW1P 3BT
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

DELOITTE

Open Contracting Data Standard (OCDS)

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