Tender

Brighter Futures for Children - External Auditor Services

READING BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

TenderAmendment

13 Sep 2023 at 14:56

Tender Notice
Tender

13 Sep 2023 at 14:56

Tender Notice
Summary of the contracting process

The Reading Borough Council is seeking external auditor services for Brighter Futures for Children Limited's remaining two-year accounting periods from 2024 to 2026. The total contract value is £200,000, with a tender deadline of 13th October 2023. The Council aims to appoint auditors in line with the Companies Act to provide services for the current contract term with a possible further extension. The procurement is open to all interested parties and will be conducted using an open procedure.

This tender presents an opportunity for auditing services companies to secure a contract with Brighter Futures for Children Limited to provide external audit services. Businesses with experience in auditing services, particularly those familiar with local government regulations and procedures, are well-suited to compete for this contract. The tender is aimed at small and medium-sized enterprises (SMEs) and offers the potential for consistent revenue over a two-year period, with the possibility of further extensions beyond the initial term.

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Notice Information

Notice Title

Brighter Futures for Children - External Auditor Services

Notice Description

As a private company Brighter Futures for Children Limited are required to appoint auditors in line with the Companies Act. The Company therefore requires the services of an external auditor. Brighter Futures for Children Limited, is already 5 years into a 7year contract with Reading Borough Council (RBC) to run Children's Services in Reading. The year end is 31 March 2024, and this tender is to provide external audit services for remaining two year accounting periods 2024/25, 2025/26. Please note there is a possible extension of a further three years should RBC issue a further contract to Brighter Futures for Children Limited beyond March 2026. Overall, the size of the entity is PS75m turnover per annum and 500 staff are employed. Further information about the background to the establishment of the company can be found in the attached Council report concerning the creation of the company. Additional information: Organisations interested in expressing an interest in this procurement should download the procurement documents which are available on the Council's e-tendering ortal at: https://in-tendhost.co.uk/readingbc/aspx/Home and complete as instructed. The Portal is free of charge - to register please follow the supplier registration guidance which is available on the Portal. Contractors wishing to be considered for this tendering opportunity must complete the tender documents and return them electronically via the Council's e-tendering portal. Please note: you must register your interest via the Council's e-tendering portal if you intend to submit a tender. All communications regarding this procurement exercise will be conducted through the Council's e-tendering portal including requests for clarifications or general enquiries. The procurement documents will be available for download up until the closing time and date for tender submissions; it is the organisation's responsibility to ensure that they download the documents in ample time to ensure that they can be completed and returned electronically, along with supporting documents, prior to the closing time and date stipulated. Before completing the tender, Bidders should ensure that the e-mail address that has been used to register their organisation will be checked regularly, as the Council's e-tendering system will generate automatic notifications to this e-mail address when there are updates, changes or messages sent relating to the project. Bidders should also check that their organisation's details are correct and kept up to date. Technical questions and assistance regarding the use and operation of the Portal should be addressed to the In-Tend Help Desk - e-mail: support@in-tend.co.uk, telephone number +44 8442728810. Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6e43b524-b826-4b9f-a82a-30fc7a9ec5f1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cd891015-a2a2-495d-8855-62dc6ccc73f2
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
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

79212000 - Auditing services

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 Sep 20232 years ago
Submission Deadline
13 Oct 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
15 Jan 2024 - 31 Mar 2026 2-3 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
READING BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BERKSHIRE
Postcode
RG1 2LU
Post Town
Reading
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ16 Berkshire West
Delivery Location
TLJ South East (England)
Local Authority
Reading
Electoral Ward
Abbey
Westminster Constituency
Reading Central

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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