Tender

Audit services for opted-in eligible bodies in England 2022

PUBLIC SECTOR AUDIT APPOINTMENTS LTD

This public procurement record has 1 release in its history.

Tender

04 Feb 2022 at 15:35

Tender Notice
Summary of the contracting process

The procurement process involves Public Sector Audit Appointments Ltd seeking audit services for opted-in eligible bodies in England, with a contract value of £165 million. This tender is currently in the planning stage, having been published on 4th February 2022, and the closing date for acceptance of bids is set for 11th March 2022. The service covers a variety of organisations such as local councils, police and crime commissioners, and fire authorities, among others, and will commence on 1st April 2023, running until 31st March 2028. The procurement method used is a selective procedure, indicating a restricted tendering approach.

This tender presents significant opportunities for businesses specialising in accounting, auditing, and fiscal services, especially for small and medium-sized enterprises (SMEs) eager to expand their portfolio in the public sector. Companies with experience in public auditing and those familiar with local audit regulations will find this an advantageous competition. Given the broad range of eligible bodies and the substantial contract value, there is potential for sustained business growth for bidders who successfully secure a contract.

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Notice Information

Notice Title

Audit services for opted-in eligible bodies in England 2022

Notice Description

The procurement covers the audits of the accounts (as per the Code of Audit Practice) eligible bodies across England that opt in for the purposes of the appointment of auditors under the provisions of the Local Audit and Accountability Act 2014 and the requirements of the Local Audit (Appointing Person) Regulations 2015. Eligible entities include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities. Of the current 476 bodies eligible to opt in, at 4 February 2022, 195 have accepted the invitation issued on 22 September 2021. The closing date for acceptance is 11 March 2022. PSAA expects to receive acceptances throughout the opt-in period and will maintain an up to date record of bodies joining the scheme on the PSAA website www.psaa.co.uk. The audited bodies covered by the contracts may change over time.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3bafd1a5-a7ac-4f90-8d8c-503fa9191867
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7e2bcdbe-20b2-4b01-a293-f9a8f41c07b0
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted 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

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
£165,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
4 Feb 20224 years ago
Submission Deadline
18 Mar 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2023 - 31 Mar 2028 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
PUBLIC SECTOR AUDIT APPOINTMENTS LTD
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 3HZ
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
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

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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