Award

External Accounting Support for HfH/HCBS

LONDON BOROUGH OF HARINGEY

This public procurement record has 1 release in its history.

Award

15 Aug 2025 at 09:01

Summary of the contracting process

The London Borough of Haringey has recently completed the awarding of a service contract for External Accounting Support to Teim Accountants. This procurement falls under the financial and insurance services category, specifically focusing on accounting services aimed at supporting Homes for Haringey and Haringey Community Benefit Society. The project involves activities such as budget setting, financial planning, and reporting. The procurement method was limited, involving an award without prior publication, based on a design contest. The contract was signed on 14 August 2025, and is valued at £120,000, with potential extensions based on performance. The main procurement location is within the UK.

This tender presents substantial business growth opportunities for companies possessing expertise in financial management and consultancy. It is particularly suited for large-scale accounting firms with skills in liaising with local government bodies and handling comprehensive financial processes, including VAT and tax returns. Companies with a proven track record in supporting regional authorities or community-led initiatives would be well-positioned to benefit and deliver quality outcomes effectively. The procurement method highlights the importance of previously established local government networks and competitive expertise in specialised accounting services.

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Notice Title

External Accounting Support for HfH/HCBS

Notice Description

Liaising with Council officers to obtain relevant information in providing various finance and accounting functions. Supporting the budget setting process and support in developing the medium-term financial plan. Producing annual financial budget reports.

Lot Information

Lot 1

This is a service contract aimed at providing wholistic finance support to Homes for Haringey and Haringey Community Benefit Society (HfH & HCBS) 1. Overview of the Requirement * Liaising with Council officers to obtain relevant information in providing various finance and accounting functions. * Supporting the budget setting process and support in developing the medium-term financial plan. Producing annual financial budget reports. * Supporting the quarterly forecast of spending and producing quarterly management accounting report to the boards of both organizations. * Raising and processing journals, where required. Reviewing both companies' balances, including Income and expenditure -to facilitate informed financial advice to officers and board members. * Regular bank reconciliations and intercompany balances reconciliations. Any other reconciliations required to ensure accuracy and completeness of financial information. * Processing of journals- quarterly and raising of accruals at year end. * Preparation and filing of VAT returns and ensuring that both companies' practices are compliant with VAT regulations. * Prepare the corporation tax returns and file for the relevant company. Providing advice on taxation matters. * Liaising with HMRC in relation to Tax/VAT matters for both countries. * Liaising with IT, Finance, or any other team in the Council - to ensure that sound financial support/services is provided to both companies. Any ad-hoc financial information requested by senior officers or the board of both companies.

Options: Contract is for 24 months with the option to extend for a further 12 months due to performance

Procurement Information

This was done in line with the council's contract standing orders

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-058898
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/049005-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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


CPV Codes

66000000 - Financial and insurance services

79211000 - Accounting services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£120,000 £100K-£500K

Notice Dates

Publication Date
15 Aug 20256 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
13 Aug 20256 months 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
LONDON BOROUGH OF HARINGEY
Contact Name
Eudine White
Contact Email
eudine.white@haringey.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
N22 7TR
Post Town
North London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified

Local Authority
Haringey
Electoral Ward
Woodside
Westminster Constituency
Southgate and Wood Green

Supplier Information

Number of Suppliers
1
Supplier Name

TEIM ACCOUNTANTS

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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