This public procurement record has 2 releases in its history.

Award

30 May 2024 at 11:39

Tender

04 Mar 2024 at 16:15

Summary of the contracting process

The Paradigm Trust has completed a tender process for the provision of External Audit Services. The contract involves statutory audit services and is classified under the services category. The contracting authority, Paradigm Trust, based in London, UK, initiated an open procedure for this procurement. The tender, titled "Paradigm Trust – External Audit Services," had a cancellation status for Lot 1, where the award criteria included customer requirements, added value, and price considerations. The procurement included a 60-month contract period with possible extensions. The award was active as of May 30, 2024.

This tender for External Audit Services by Paradigm Trust presents an opportunity for businesses in the accounting and auditing services industry, particularly those offering financial auditing services. The contract offers the potential for long-term engagement, with the initial contract period running until May 2025 and options for extension up to May 2029. Interested businesses should note the selection criteria, submission terms, and contractual performance standards outlined in the procurement process. Given the nature of the services required and the contracting authority's location in London, businesses with expertise in statutory audits and a presence in the United Kingdom may find this tender suitable for expanding their operations.

How relevant is this notice?

Notice Title

Paradigm Trust - External Audit Services

Notice Description

To supply External Audit Services to Paradigm Trust

Lot Information

Lot 1

To supply External Audit Services to Paradigm Trust for 1 year to 31st May 2025 with possible 4 x 12 month contract extensions to 31st May 2029

Options: 60 month(s) from the commencement date, with 12 initial month(s) and option to extend 4x12 month(s)

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-044546
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/016863-2024
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

79200000 - Accounting, auditing and fiscal services

79210000 - Accounting and auditing services

79212000 - Auditing services

79212100 - Financial auditing services

79212300 - Statutory audit services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£28,280 Under £100K

Notice Dates

Publication Date
30 May 20242 years ago
Submission Deadline
3 Apr 2024Expired
Future Notice Date
Not specified
Award Date
30 May 20242 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Paradigm Trust
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E14 0PT
Postcode Area
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLH14 Suffolk CC, TLI4 Inner London - East

Local Authority
Tower Hamlets
Electoral Ward
Lansbury
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

MA PARTNERS AUDIT LLP

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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