Award

2022-2023-075: Service Charge Audit

METROPOLITAN THAMES VALLEY HOUSING

This public procurement record has 1 release in its history.

Award

04 May 2023 at 16:00

Award Notice
Summary of the contracting process

The Metropolitan Thames Valley Housing (MTVH) organisation has awarded a contract for a Service Charge Audit to Beever and Struthers. The audit services will cover reconciling service charge accounts for homeowners, invoice approvals, budget cost reviews, compliance checks, and lease covenant validations. The contract value is £522,000, and the contract period is from May 15, 2023, to April 30, 2026. The tender process concluded on April 28, 2023.

This tender opportunity in the auditing services category presents potential growth prospects for businesses providing financial and auditing services. Companies with expertise in service charge accounting, compliance auditing, and financial consultancy are well-suited to compete. The contract duration of 3 years offers stability and growth opportunities for businesses looking to establish long-term partnerships in the housing sector.

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Notice Information

Notice Title

2022-2023-075: Service Charge Audit

Notice Description

MTVH is seeking a Service Charge Audit partner to provide the below audit services to our home ownership and service charge (HO & SC) team on a 3-year (+1, +1 year) contract term. This team is responsible for calculating the reconciliation of service charge accounts for homeowners, by way of analysing the costs attributable to the blocks and schemes within their patch. The officers will approve invoices and budget costs eligible to be charged back to residents when reviewed on the system. These costs vary from bulk and individual invoices, budget costs from other service areas and Managing agent service charge demands. A review of section 20 consultation compliance for service contracts is also undertaken. Another part of this aspect of reconciliation is to ensure compliance with the lease covenants for service charging including apportionments and sinking fund contributions.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-82fbbdfd-b88f-49e8-bb75-cf2e9b025138
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5b7b1bbd-b6ae-4ab2-b505-449a40189fb7
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
VCSE
Awardee Scale
Large

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
£522,000 £500K-£1M
Lots Value
Not specified
Awards Value
£522,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
4 May 20232 years ago
Submission Deadline
27 Apr 2023Expired
Future Notice Date
Not specified
Award Date
27 Apr 20232 years ago
Contract Period
14 May 2023 - 30 Apr 2026 2-3 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
METROPOLITAN THAMES VALLEY HOUSING
Contact Name
Not specified
Contact Email
adam.bevan@mtvh.co.uk
Contact Phone
+447701388562

Buyer Location

Locality
LONDON
Postcode
N14 6PW
Post Town
North London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI54 Enfield
Delivery Location
TLJ South East (England)
Local Authority
Enfield
Electoral Ward
Southgate
Westminster Constituency
Southgate and Wood Green

Supplier Information

Number of Suppliers
1
Supplier Name

BEEVER AND STRUTHERS

Further Information

Notice Documents

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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