This public procurement record has 1 release in its history.

Tender

12 Aug 2024 at 10:11

Summary of the contracting process

BIP Solutions Limited is seeking to appoint an external audit provider, specifically for the task of forming an audit opinion on the consolidated and individual subsidiary company Financial Statements. This tender titled "External Audit Tender" falls under the industry category of Auditing Services (CPV code 79212000). The procurement stage is currently at the Tender phase, with the tender period ending on 11th September 2024. The contract is set to commence on 1st January 2025 and will run until 31st December 2033, including an option to extend for an additional two years. This opportunity encompasses a wide delivery scope, including multiple territories such as the UK, various British Overseas Territories, and several international locations.

This tender represents a significant opportunity for businesses in the auditing industry to secure a long-term, high-value contract estimated between £600,000 and £900,000. Organisations with robust expertise in financial audits and the capability to handle complex, large-scale auditing tasks will find this tender particularly lucrative. While the procurement method details are classified, this contract is open to specialised auditing firms that can ensure compliance with the relevant accounting standards. Businesses looking to expand their market reach and establish a presence across diverse territories will benefit greatly from competing for this contract.

How relevant is this notice?

Notice Title

External Audit Tender

Notice Description

Text to be corrected in the original notice: Place of text to be modified: Estimated total value: Instead of: Value excluding VAT: 300,000 Currency: GBP Read: Value excluding VAT: 900,000 Currency: GBP Place of text to be modified: Additional information: Instead of: The estimated value of this contract ranges between PS150,000 and PS300,000. The contract includes an option to extend for an additional two years. More details can be found in the 'Specification of Services' section within the tender documents. Read: The estimated value of this contract ranges between PS600,000 and PS900,000. The contract includes an option to extend for an additional two years. More details can be found in the 'Specification of Services' section within the tender documents. The University seeks to appoint an external audit provider. The primary role will be to form an audit opinion on whether the consolidated and individual subsidiary company Financial Statements show a true and fair view and are prepared in accordance with the relevant accounting standards.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3a227e1b-7886-4846-af8e-dcc421d5db2e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/63b76728-88d0-4442-8d38-47b80d277e96
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Not Disclosed
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79212000 - Auditing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Aug 20242 years ago
Submission Deadline
11 Sep 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Jan 2025 - 31 Dec 2033 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BIP SOLUTIONS LIMITED
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
SE10 9LS
Postcode Area
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI51 Bexley and Greenwich
Delivery Location
Not specified

Local Authority
Greenwich
Electoral Ward
East Greenwich
Westminster Constituency
Greenwich and Woolwich

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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