Award

External Audit Services

WRAP (WASTE AND RESOURCES ACTION PROGRAMME)

This public procurement record has 1 release in its history.

Award

26 Apr 2025 at 19:24

Summary of the contracting process

The procurement process conducted by WRAP (Waste and Resources Action Programme), a sub-central government public authority, involved the direct award of a contract for external audit services. Sayer Vincent has been selected to deliver these services, building on their existing relationship with WRAP since 2019. The audit, which covers WRAP's year-end accounts for 2024/25, began in January 2025 and will continue through to July 2025. Additionally, further audit activities related to Defra and the Welsh Government core grants are scheduled for August 2025. This process is executed at WRAP's location in Banbury, UK, and the total contract value amounts to £36,000. The procurement stage is complete, with the contract award finalisation set for 6 May 2025.

This tender offers significant opportunities for businesses experienced in auditing services, particularly those with prior knowledge of public sector audits, like Sayer Vincent. This procurement method favours firms that can efficiently meet the specific timeline required by leveraging existing insights and expertise as demonstrated by the success of Sayer Vincent. Such contracts are ideal for small to medium-sized enterprises (SMEs) adept at providing dedicated services under direct award circumstances, enabling the efficient completion of statutory and grant-related audits. Businesses with robust auditing capabilities and existing infrastructure to manage multiple and complex audit requirements will benefit from engaging in similar opportunities.

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Notice Title

External Audit Services

Notice Description

WRAP requires a supplier to conduct external audits on the year-end accounts. Sayer Vincent has been engaged as WRAP's external auditor since 2019. The WRAP Board has recently signed off the external audit plan and strategy for the year end accounts 2024/25. Audit activity will take place between Jan and July 2025. In addition to the statutory audit there is work scheduled and approved under PO11528 to audit the Defra and Welsh Government core grants, this work is a stipulation of the related grant agreement and in the case of Defra needs to be completed within 6 months of the end f the funding period. The work is scheduled to take place in August 2025. To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=944455469

Procurement Information

The external audit plan and strategy for the year end accounts 2024/25 has been signed off by the WRAP Board and the audit activities are already underway. Timelines for the Innovate UK & NREF Grant Audits mean that work can be carried out at the same time as the statutory audits and in the case of Innovate UK, Sayer Vincent have existing knowledge of this project having completed the Q1 audit in 2023. Sayer Vincent's delivery of our statutory external audit increases efficiencies for the delivery of the audits of our core grant funding due to their existing know ledge of our systems and processes.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0507fd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/017167-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK5 - Transparency Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79212000 - Auditing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£36,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Apr 202510 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Apr 202510 months ago
Contract Period
7 May 2025 - 1 Sep 2025 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
WRAP (WASTE AND RESOURCES ACTION PROGRAMME)
Contact Name
Amy Hands
Contact Email
procurement@wrap.ngo
Contact Phone
01295819900

Buyer Location

Locality
BANBURY
Postcode
OX16 5BH
Post Town
Oxford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ14 Oxfordshire CC
Delivery Location
Not specified

Local Authority
Cherwell
Electoral Ward
Banbury Cross and Neithrop
Westminster Constituency
Banbury

Supplier Information

Number of Suppliers
1
Supplier Name

SAYER VINCENT

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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