Award

con_27942 Audit, Assurance and Forensic Accounting & Investigation Support

DEPARTMENT FOR EDUCATION

This public procurement record has 1 release in its history.

Award

04 Jul 2025 at 14:38

Award Notice
Summary of the contracting process

The Department for Education has completed the award stage of the procurement process for the contract titled "con_27942 Audit, Assurance and Forensic Accounting & Investigation Support". This tender, valued at £225,000, falls under the industry category of "Accounting and auditing services". The procurement process was conducted using a selective method, specifically a call-off from a framework agreement. The contract was awarded on 27 June 2025 to TIAA LTD, with the work spanning several regions in the United Kingdom, including London and the East Midlands, and is set to run from 1 April 2025 until 31 March 2028.

This procurement presents substantial opportunities for businesses in the fields of finance and auditing, particularly those with expertise in forensic accounting and investigations. The contract supports oversight responsibilities, making it an attractive opportunity for both small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) that can offer specialised sector expertise. Companies with a strong capability in managing financial oversight and conducting detailed investigations would be well-suited to pursue similar opportunities in the future, especially within the scope of public sector engagements.

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Notice Information

Notice Title

con_27942 Audit, Assurance and Forensic Accounting & Investigation Support

Notice Description

This work is specialist in nature and requires sector and technical expertise. The assurance/investigations work covered by the procurement is essential to CARD's oversight responsibilities and providing an opinion on use of funds for the purposes intended as well as investigating allegations of misuse of funds. Lot 3 covers Forensic accounting and Investigation support

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-580aaa94-be8d-40ad-81db-96dd130ac1ea
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4d8b6aca-67c5-4ace-b3f3-43196ae168ad
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79210000 - Accounting and auditing services

Notice Value(s)

Tender Value
£225,000 £100K-£500K
Lots Value
Not specified
Awards Value
£225,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jul 20257 months ago
Submission Deadline
3 Mar 2025Expired
Future Notice Date
Not specified
Award Date
26 Jun 20258 months ago
Contract Period
31 Mar 2025 - 31 Mar 2028 3-4 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
DEPARTMENT FOR EDUCATION
Contact Name
DfE Commercial
Contact Email
core.procurement@education.gov.uk
Contact Phone
Not specified

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
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England), TLK South West (England)
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

TIAA

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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