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Internal and External Audit Services

Magenta Living

This public procurement record has 3 releases in its history.

Award

26 Sep 2023 at 15:32

Award Notice
TenderUpdate

22 Jun 2023 at 08:38

Tender Notice
Tender

25 May 2023 at 13:35

Tender Notice
Summary of the contracting process

The public procurement contracting process involves Magenta Living inviting tenders for the provision of Internal and External Audit Services. The buying organisation, Magenta Living, located in Birkenhead, UK, is seeking suppliers for two lots: Internal Audit Services and External Audit Services. The procurement method is an Open Procedure, with the tender status as active. Key dates include the tender period ending on 26th June 2023 and the bid opening on the same day. The main procurement category is services, and the industry category includes auditing services. The process is at the award stage, with contracts signed for both Internal and External Audit Services on 14th September 2023.

This public procurement process presents an opportunity for businesses providing audit services to work with Magenta Living. Suppliers are required to demonstrate quality in areas such as delivery approach, service delivery team, risk management, and pricing. Businesses specialising in auditing, risk management, and service provision would be well-suited to compete. Magenta Living emphasises continuous improvement and value addition through its partnerships. The process allows for contract extensions after the initial 3-year term, offering potential for long-term business growth opportunities in the auditing services sector.

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Notice Information

Notice Title

Internal and External Audit Services

Notice Description

Provision of Internal and External Audit Services

Lot Information

Internal Audit Services

Internal Audit Services

Options: Following the initial 3 year contract period there are 2 x 12 months options to extend the Contract.

External Audit Services

External Audit Services

Options: following the initial 3 year contract period, the contract has 2 x 12 months options to extend.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03cf61
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/028393-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79210000 - Accounting and auditing services

79212200 - Internal audit services

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
£600,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Sep 20232 years ago
Submission Deadline
26 Jun 2023Expired
Future Notice Date
Not specified
Award Date
14 Sep 20232 years ago
Contract Period
1 Nov 2023 - 31 Oct 2026 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Magenta Living
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRKENHEAD
Postcode
CH41 5AA
Postcode Area
Chester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD74 Wirral
Delivery Location
TLD North West (England)
Local Authority
Wirral
Electoral Ward
Birkenhead and Tranmere
Westminster Constituency
Birkenhead

Supplier Information

Number of Suppliers
2
Supplier Names

Beever and Struthers

Mazars LLP

Further Information

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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