Accounts Payable Analytical Review

LONDON BOROUGH OF BROMLEY

There is 1 contract in this contracting process.

Summary of the contracting process

The London Borough of Bromley is currently in the tender stage of a public procurement process for an Accounts Payable Analytical Review. This contract, classified under the Financial and Insurance services category (CPV code 66000000), involves a detailed analysis of payment transactions over a six-year period. The procurement is open to any suitably qualified and experienced service providers and will be conducted through an open procedure. The tender period ends on 21st October 2024 at 12:00 PM. The contract is set to commence in November 2024, with an initial period of one year, concluding around August 2025. The location for this opportunity is the UK, and electronic submissions must be made via the specified method. The council will evaluate bids primarily on quality (70%) and price (30%). The total contract value is estimated at £200,000.

This tender presents a significant opportunity for businesses in the financial analysis and consultancy sector to expand their portfolio and gain a reputable public sector client. Companies with robust capabilities in managing and analysing extensive financial records, coupled with a history of delivering high-quality services, would find this project particularly suited to their strengths. Participation in this tender could lead to future engagements with the London Borough of Bromley, especially if the initial contract extension option is exercised. This is a promising opening for medium to large-sized firms specialising in financial services to showcase their expertise and potentially secure a foothold in the public sector market.

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Tender

Accounts Payable Analytical Review

LONDON BOROUGH OF BROMLEY

Contract Timeline

Publication Date

12th September 2024 15:44:33 PM

Tender Deadline

21st October 2024 11:00:00 AM 22 days remaining
Contract Summary

The London Borough of Bromley (the Council) is seeking a new Service Provider to undertake a historical Accounts Payable analytical review at the Council. The payments and transactions to be analysed will cover a six (6) year period and will not cover any transactions less than five months old. The Council is seeking bids from Tenderers who are suitably qualified and experienced and have the capacity to manage the Project as set out in the Service Specification and accompanying Tender Documents. The Contract will commence November 2024 for an estimated period of one (1) year or until the analytical review has been completed. The Contract will be a task-based arrangement to analyse six (6) years’ worth of transactions. If the initial review is successful, there will be the option to extend the timeframe of transactions under review at the sole discretion of the Council.
Contract Details

Open Contracting ID

ocds-h6vhtk-049a74

Publication Source

Find a Tender Service

Procurement Stage

Tender

Procurement Method

Open

Procurement Method Details

Open Procedure

Procurement Category

Services

Tender Suitability

Framework / DPS
Contract Classification

CPV Code(s)

66000000

CPV Division(s)

66 - Financial and insurance services
Awarding Authority

LONDON BOROUGH OF BROMLEY

Buyer Name

Mr Jon Butterfill

Buyer Email

jon.butterfill@bromley.gov.uk

Buyer Phone

+44 2083134436

Buyer Address

Bromley Civic Centre, Stockwell Close

Bromley

BR1 3UH

United Kingdom

View contract on Find a Tender Service

Accounts Payable Analytical Review

LONDON BOROUGH OF BROMLEY

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority