Award

External Auditing Services - Statutory Audit

NORSE COMMERCIAL SERVICES LTD

This public procurement record has 3 releases in its history.

Award

04 Nov 2025 at 16:27

Award

11 Aug 2025 at 15:05

Tender

03 Jul 2025 at 15:29

Summary of the contracting process

Norse Commercial Services Ltd, based in Norwich, recently awarded a contract for the provision of External Statutory Audit Services to Grant Thornton UK LLP. The contract pertains to financial auditing services, necessitating an independent audit of all legal entities within the Norse Group for the financial year 2025/26. The contract, under an open procurement method, was signed on 24th October 2025 and spans from 25th October 2025 to 24th October 2027, with a potential extension until 24th October 2031. The primary location of service is in the United Kingdom, specifically the East of England, under the industry category of accounting, auditing, and fiscal services. The process is aligned with the legal framework outlined by the UKPGA 2023/54.

This open procedure provided ample opportunity for various businesses to participate, with a total of six bids received, including one from an SME. The procurement process, focusing on financial and statutory audit services, is highly relevant for businesses specialising in audit services, particularly those adept in providing comprehensive audits for large organisations and public authority entities. The contract value, amounting to approximately GBP 3.94 million, signifies significant business growth potential, enabling large-scale operations and long-term business commitments, with an option for renewal based on performance and mutual agreement between the parties involved.

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Notice Title

External Auditing Services - Statutory Audit

Notice Description

Norse Commercial Services a subsidiary of the Norse Group is seeking suitably qualified bids for the supply of the Norse Group Ltd External Statutory Audit Services. The successful organisation will be required to provide the following external audit services (the services): *Independent audit of the financial statements of all legal entities in the Norse Group from financial year 2025/26 except where the exemption for audit under the BEIS rules for wholly owned subsidiaries or where another audit exemption applies. Please see Appendix C FY24 Company Summary and Appendix D Non-Wholly Owned for list of companies to be audited. *The Financial Statements of Norse Group Limited are required to be consolidated into the accounts of Norfolk County Council (NCC) and this requires a revised presentation of its annual results into a 'group reporting pack' as determined by NCC. There is a requirement to audit and produce a report to the Group auditors of NCC on the 'Group Reporting Pack' under International Standards on Auditing (ISA's) in accordance with ISA 800, 'Audits of Financial Statements prepared in accordance with Special Purpose Frameworks' as to conformity with the Code of Practice on Local Authority Accounting To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=990232994

Lot Information

Lot 1

Renewal: Any extension to the Contract are at Norse's discretion and will be subject to review of performance and agreed between Norse and the supplier. For any extension(s) to the Contract, discussions with suppliers shall be conducted sufficiently far in advance of the Contract expiry date to arrive at an agreed position or to allow for the retendering of the contract.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-055899
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/070998-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details 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

79212100 - Financial auditing services

79212300 - Statutory audit services

Notice Value(s)

Tender Value
£3,600,000 £1M-£10M
Lots Value
£3,600,000 £1M-£10M
Awards Value
£3,941,785 £1M-£10M
Contracts Value
£3,941,785 £1M-£10M

Notice Dates

Publication Date
4 Nov 20253 months ago
Submission Deadline
29 Jul 2025Expired
Future Notice Date
Not specified
Award Date
10 Aug 20256 months ago
Contract Period
24 Oct 2025 - 24 Oct 2027 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NORSE COMMERCIAL SERVICES LTD
Contact Name
Not specified
Contact Email
lloyd.craske@norsegroup.co.uk
Contact Phone
+44 01603894162

Buyer Location

Locality
NORWICH
Postcode
NR6 6EQ
Post Town
Norwich
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
TLH15 Norwich and East Norfolk

Local Authority
Norwich
Electoral Ward
Catton Grove
Westminster Constituency
Norwich North

Supplier Information

Number of Suppliers
1
Supplier Name

GRANT THORNTON

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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