Planning

CARD - Audit, Assurance and Forensic Accounting - PIN

DEPARTMENT FOR EDUCATION

This public procurement record has 1 release in its history.

Planning

04 Sep 2024 at 09:25

Summary of the contracting process

The Department for Education is currently in the planning stage of a procurement process for audit, assurance, and forensic accounting services, with the establishment of a three-year framework agreement valued at £5,700,000. This process, conducted on behalf of the Education and Skills Funding Agency (ESFA), involves delivering services across various regions including the United Kingdom, British Overseas Territories, Channel Islands, Europe, Isle of Man, and globally. Market engagement activities are scheduled to begin in early October 2024, and the framework is expected to commence on 1 April 2025, concluding on 31 March 2028, with the intent to include an optional one-year extension. The tender falls under the 'Accounting and auditing services' industry category and is particularly suitable for SMEs.

This tender presents substantial opportunities for businesses to grow by providing critical audit and accounting services to a prominent governmental body. Firms specializing in forensic accounting, audit, and assurance services will find this framework well-suited to their expertise. Additionally, given the framework’s division into various lots and its suitability for SMEs, smaller firms or consortia have excellent opportunities to secure a position within this high-value, long-term agreement. This engagement allows for increased visibility and potential recurring contracts within the public sector, bolstering both business portfolios and public sector experience.

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Notice Title

CARD - Audit, Assurance and Forensic Accounting - PIN

Notice Description

CARD - Audit, Assurance and Forensic Accounting - Prior Information Notice The Department for Education, on behalf of the Education and Skills Funding Agency (ESFA), will soon begin market engagement activities to establish a 3-year framework agreement. This will consist of up to three requirements, with a maximum combined spend of PS5,700,000 over a three-year period. Our current intention is to divide our requirements into 2-3 lots. The Department intends to build an extension option into the agreement of one year. This is broadly a re-procurement of existing services, as our current framework is due to expire in early to mid 2025. After careful consideration, the Department deems a call-off framework with no commitment to spend as the surest way to deliver value for money while ensuring sufficient capacity to meet our requirements. The Department intends to establish this framework on behalf of the Education and Skills Funding Agency, an Arm's Length Body of the Department. We will begin our market engagement activities in early October. For full details, including how to participate, please find attached the accompanying PDF. Additional information: Please view the accompanying PDF.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bb63f260-b3a4-4b8f-9c7e-d54e3c683ee0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e2ce217f-4241-4698-8449-635dd99851a2
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planned Procurement Notice
Procurement Type
Framework
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
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

79210000 - Accounting and auditing services

Notice Value(s)

Tender Value
£5,700,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
4 Sep 20241 years ago
Submission Deadline
Not specified
Future Notice Date
7 Oct 2024Expired
Award Date
Not specified
Contract Period
31 Mar 2025 - 31 Mar 2028 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR EDUCATION
Contact Name
Not specified
Contact Email
robert.alexander@education.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
COVENTRY
Postcode
CV1 2WT
Post Town
Coventry
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG33 Coventry
Delivery Location
Not specified

Local Authority
Coventry
Electoral Ward
St Michael's
Westminster Constituency
Coventry South

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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