Award

External Audit Services

SOUTH OF ENGLAND PROCUREMENT CENTRE

This public procurement record has 1 release in its history.

Award

21 Jun 2024 at 09:25

Award Notice
Summary of the contracting process

The South of England Procurement Centre, based in Portsmouth, has recently awarded a contract for the provision of External Audit services to the Isle of Wight NHS Trust. The contract, titled "External Audit Services," falls under the services category with a value of £1,221,455. The procurement method involved was selective, specifically calling-off from a framework agreement. The tender period ended on 26th February 2024, with the contract period spanning from 1st April 2024 to 31st March 2028.

This awarded tender for External Audit services presents business growth opportunities for firms specializing in statutory audit services. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are well-suited to compete. Ernst & Young LLP, a large-scale supplier, emerged as the successful bidder for this lucrative contract. Businesses keen on providing audit services to public sector entities should monitor similar tenders for potential growth prospects in this industry.

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Notice Information

Notice Title

External Audit Services

Notice Description

Provision of External Audit services to Isle of Wight NHS Trust

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-50435acb-5e36-420d-a5e4-0704badf1dca
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4f28db2a-fadc-4ee6-a669-14d4638d4df2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79212300 - Statutory audit services

Notice Value(s)

Tender Value
£1,221,455 £1M-£10M
Lots Value
Not specified
Awards Value
£1,221,455 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jun 20241 years ago
Submission Deadline
26 Feb 2024Expired
Future Notice Date
Not specified
Award Date
12 Jun 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2028 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
SOUTH OF ENGLAND PROCUREMENT CENTRE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PORTSMOUTH
Postcode
PO6 3EN
Post Town
Portsmouth
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ31 Portsmouth
Delivery Location
Not specified
Local Authority
Portsmouth
Electoral Ward
Cosham
Westminster Constituency
Portsmouth North

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST & YOUNG

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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