Award

Accounts Payable Review

BOURNEMOUTH CHRISTCHURCH AND POOLE COUNCIL

This public procurement record has 1 release in its history.

Award

11 Aug 2022 at 10:14

Summary of the contracting process

The Bournemouth Christchurch and Poole Council has completed the procurement process for the "Accounts Payable Review" tender in the services category. The Council aimed to identify and recover overpaid or unrecovered funds through Spend Analytics and Recovery Services. The direct award tender had a value of £45,000 and had a tender period ending on 28th July 2022. The contract period starts on 1st August 2022 and ends on 31st July 2023. The buying organisation was the Bournemouth Christchurch and Poole Council, located in Bournemouth, England.

This tender presents an opportunity for small and medium-sized enterprises (SMEs) in the accounting and auditing services industry, particularly those with expertise in accounts payable reviews. Businesses offering independent professional services that can assist in identifying financial discrepancies and recovering funds would find this tender well-suited for growth opportunities. The procurement method used was a direct award, allowing selected supplier Meridian Cost Benefit Limited to provide their services to the Council for the specified contract period.

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Notice Title

Accounts Payable Review

Notice Description

The Council is looking to action an Accounts Payable Review of its accounts. This will be achieved through the Spend Analytics and Recovery Services which will identify incorrectly processed information including but not limited to; duplicate invoices, unprocessed credit notes and under-recovered VAT on the Council's ledger. Accounts Payable Reviews are standard practice for many companies and are generally performed by an independent firm in order to provide an objective assessment of the accuracy of how accurate and comprehensive accounts payable invoices and other transactions reflect actual business operations. The aim of this review is to recover as much money as feasible that has either been overpaid by the Council or not been returned to the Council. The Supplier will identify any unrecovered monies and on behalf of the Council make contact with the relevant parties in order to recover the monies.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7d0d314d-5614-452b-8e23-de941c92170d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/91595e7e-9e56-41fe-96a9-4f2e8abcb7f1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME
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
£45,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Aug 20223 years ago
Submission Deadline
28 Jul 2022Expired
Future Notice Date
Not specified
Award Date
28 Jul 20223 years ago
Contract Period
31 Jul 2022 - 31 Jul 2023 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BOURNEMOUTH CHRISTCHURCH AND POOLE 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
BOURNEMOUTH
Postcode
BH2 6DY
Post Town
Bournemouth
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK63 Bournemouth, Christchurch and Poole
Delivery Location
TLK South West (England)

Local Authority
Bournemouth, Christchurch and Poole
Electoral Ward
Bournemouth Central
Westminster Constituency
Bournemouth West

Supplier Information

Number of Suppliers
1
Supplier Name

MERIDIAN COST BENEFIT

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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