Award

Restructuring services, Forensic Accounting, Investigation, Audit and Assurance Framework - Lot 3 awarded Call off contracts

DEPARTMENT FOR EDUCATION

This public procurement record has 4 releases in its history.

AwardUpdate

08 Aug 2022 at 12:44

AwardUpdate

01 Aug 2022 at 08:49

AwardUpdate

27 Jul 2022 at 07:45

Award

25 Jul 2022 at 08:05

Summary of the contracting process

The Department for Education has awarded call-off contracts for restructuring services under the Forensic Accounting, Investigation, Audit and Assurance Framework. The procurement process is complete, and the contracts were designated for Lot 3, focusing on Audit and Assurance. The total programme value is £4 million, with the contract period starting on 1 July 2022 and ending on 30 June 2025. Suppliers involved include RSM, Mazars, PwC, and Wylie & Bisset, with the procurement method classified as selective, facilitated through a framework agreement. The tender period concluded on 20 May 2022.

This opportunity is particularly appealing for businesses involved in accounting, auditing, and fiscal services, especially small and medium-sized enterprises (SMEs) and voluntary and community sector enterprises (VCSEs). As the contracts may be extended under certain conditions, there is potential for ongoing engagement and revenue generation. Companies that specialise in audit reviews and compliance assessments could significantly benefit from this framework, enabling them to expand their portfolios and client bases in the education sector across various UK regions.

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Notice Title

Restructuring services, Forensic Accounting, Investigation, Audit and Assurance Framework - Lot 3 awarded Call off contracts

Notice Description

Provision of Restructuring services, Forensic Accounting, Investigation, Audit and Assurance Framework Call off Contract Award Notice Lot 3 - Audit and Assurance. The DfE have appointed RSM, Mazars, PWC and Wylie & Bisset to provide Post-16 Funding Assurance reviews/Audits Contract reference numbers - Con_14660, con_14661, con_14662, Con_14663 Total Programme value PS4m over full 4 year period The contract is to be for a period of 3 years with the option for the Authority to extend the Agreement term on one occasion and, if exercised, the extension shall be for a period of a further 12 months. During the term if the contract where determined by the department through a review of departmental needs, where department obligations require and where budget has been allocated the contracts may be extended by up to 100% of their full contract value (Inclusive of the extension period value).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-74471b4a-98bc-44b5-8f34-2d4d1e5875dc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/08abefe9-18ef-4540-904d-6405f91013d9
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, SME

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
£4,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
8 Aug 20223 years ago
Submission Deadline
20 May 2022Expired
Future Notice Date
Not specified
Award Date
23 Jun 20223 years ago
Contract Period
30 Jun 2022 - 30 Jun 2025 3-4 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
DEPARTMENT FOR EDUCATION
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 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
4
Supplier Names

MAZARS

PRICEWATERHOOUSECOOPERS

RSM RISK ASSURANCE SERVICES

WYLIE & BISSET

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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