Award

Delivery of Financial Audit Services

HEALTH INNOVATION NORTH EAST AND NORTH CUMBRIA

This public procurement record has 1 release in its history.

Award

20 Mar 2025 at 12:30

Award Notice
Summary of the contracting process

Health Innovation North East and North Cumbria has completed the procurement process for the delivery of financial audit services. The contract, awarded to Azets, entails the statutory audit of the financial statements for the year ending 31 March 2025, with a continuation for at least the next two years subject to satisfactory performance. The procurement, categorised under "Financial and insurance services" and "Business services," utilised a restricted procedure and was targeted towards small and medium-sized enterprises (SMEs). The contract will commence on 1 April 2025 and conclude on 31 March 2027. The services will be rendered in England, United Kingdom, with the tender period ending on 28 February 2025.

This contract presents an excellent opportunity for businesses in the financial audit services sector to expand their portfolio and forge a long-term relationship with a reputable health innovation entity. The requirement for a comprehensive and cost-effective external audit service aligns well with the capabilities of experienced audit firms, particularly those specialising in statutory audits and financial governance. SMEs with expertise in maintaining professional independence while meeting stringent financial governance roles and responsibilities would find this tender particularly advantageous for business growth.

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Notice Information

Notice Title

Delivery of Financial Audit Services

Notice Description

We wish to procure services for the statutory audit of our financial statements for the year ended 31 March 2025 and for a minimum of the following two years, subject to our satisfaction of the work performed. Health Innovation North East and North Cumbria Limited requires a comprehensive and cost-effective External Audit Service that will assist the company in meeting its financial governance roles and responsibilities whilst maintaining the necessary level of professional independence

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9186815f-7a28-4b02-ba58-40d53f66f647
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/25ff3d9c-cd29-4a2c-ba18-78a3eb90ff46
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66000000 - Financial and insurance services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Mar 202511 months ago
Submission Deadline
28 Feb 2025Expired
Future Notice Date
Not specified
Award Date
19 Mar 202511 months ago
Contract Period
31 Mar 2025 - 31 Mar 2026 6-12 months
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
HEALTH INNOVATION NORTH EAST AND NORTH CUMBRIA
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE-UPON-TYNE
Postcode
NE1 4WH
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

AZETS

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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