Award

Forensic Accountancy

POST OFFICE LIMITED

This public procurement record has 1 release in its history.

Award

06 Oct 2024 at 17:36

Summary of the contracting process

The procurement process for forensic accountancy services, titled "Forensic Accountancy", was conducted by Post Office Limited, located at 100 Wood Street, London, England. This contract falls under the industry category of Accounting services (CPV code: 79211000) and is designated as a services procurement. The procurement method used was direct, specifically a single tender action, due to the contract value being below the threshold. The process has advanced to the award stage, with the contract starting on 13th May 2024 and ending on 13th May 2025. Key dates include the tender end date on 1st April 2024 and the award date on 10th May 2024. The total contract value is £160,000, and the award amount is £154,800.

This tender presents significant opportunities for firms specialising in forensic accountancy to secure a prestigious contract with Post Office Limited. Companies like Herbert Smith Freehills LLP, which was the successful supplier, demonstrate that large-scale enterprises with extensive expertise in forensic accounting are particularly well-suited to compete for similar contracts. Engaging in such tenders can enhance business reputation, expand market presence, and build robust relationships with significant public sector entities. Although this tender was not targeted at SMEs or VCSEs, businesses with similar capabilities and scale should look for future opportunities with similar procurement criteria.

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Notice Title

Forensic Accountancy

Notice Description

Forensic accounting services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-47197ae9-70f2-4fa2-afa2-a3ad91a6a44e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/87052846-cd68-4c6a-b219-cb7ad59a638b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below 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
£160,000 £100K-£500K
Lots Value
Not specified
Awards Value
£154,800 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Oct 20241 years ago
Submission Deadline
1 Apr 2024Expired
Future Notice Date
Not specified
Award Date
9 May 20241 years ago
Contract Period
12 May 2024 - 13 May 2025 1-2 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
POST OFFICE LIMITED
Contact Name
Not specified
Contact Email
procurement@postoffice.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
EX2V 7ER
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

HERBERT SMITH FREEHILLS

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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