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Endowment Fund & Patients Private Funds Audit

NHS Greater Glasgow and Clyde

This public procurement record has 3 releases in its history.

Award

25 Mar 2026 at 12:52

Award Notice
Tender

11 Dec 2025 at 10:52

Tender Notice
Planning

22 Aug 2025 at 12:21

Planning Notice
Summary of the contracting process

NHS Greater Glasgow and Clyde has concluded the contract award stage for the "Endowment Fund & Patients Private Funds Audit" process, targeting auditing services under the healthcare category. This initiative involves auditing the NHSGGC Endowment Fund and the Patients’ Private Funds, components of the healthcare charity registered with OSCR (SC005895). Located in Glasgow (UKM82), the procurement process was conducted using an open procedure, with BDO LLP successfully awarded the contract on 25 March 2026. Initially planned to commence in early 2025, this tender underwent various stages before reaching completion. The auditing services under this project have been finalised as active, entailing a significant contract value of GBP181,750, benefiting the organisation's compliance with regulatory standards.

The contract for auditing services presents considerable opportunities for firms specialising in financial auditing and accounting services, particularly those with robust capabilities in handling charitable funds and patient funds within a healthcare context. This procurement is relevant for organisations with established experience in auditing public sector entities, providing a platform to expand into specialised audits related to healthcare and charity fund management. Businesses equipped with financial audit expertise and those capable of ensuring rigorous oversight of fund allocations and fraud prevention mechanisms would be highly competitive. Enhanced opportunities for business growth are available through potential community benefits engagements via NHS Scotland’s Community Benefits Gateway, allowing suppliers to create value beyond the audit itself through community-centric projects within Scotland.

How relevant is this notice?

Notice Information

Notice Title

Endowment Fund & Patients Private Funds Audit

Notice Description

NHS Greater Glasgow and Clyde Healthcare Charity (formally known as the NHSGGC Endowment Fund) is a charity registered with OSCR (SC005895) comprising in excess of 1700 restricted/unrestricted individual funds for the benefit of patients and staff. Charitable Endowment Funds: Endowment funds are defined as money or property donated to the Health Board and held in trust for such purposes relating to services provided under the National Health Service (Scotland) Act 1978 or in relation to hospitals, or to the functions of the Board with respect to research, as the Board may think fit. Funds are used for equipment, patients' comforts and amenities, research, and training together with the provision of extra facilities and opportunities not available from government funding. The Boards Endowment Fund had total net assets of GBP103.6m as of 31st March 2025 and expenditure amounted to GBP14.1m. Patients Private Funds: NHSGGC administers GBP2.5 million Patients' Private Funds (PPF) on behalf of around 500 of its patients. Many of these patients are incapable of managing their own affairs, and are covered by the Adults with Incapacity (Scotland) Act 2000, but others choose to use the service voluntarily because of the convenience, or because infirmity or frailness makes the use of normal banking arrangements impractical. The Board is responsible for ensuring proper accounting records are maintained, which disclose with reasonable accuracy at any time the financial position of the PPF and for safeguarding the assets held on behalf of the patients, including taking reasonable steps for the prevention and detection of fraud and other irregularities. Both the Charitable Endowment Funds and the PPF are required to be independently audited in accordance with approved auditing standards. Consequently NHSGGC is required to conduct a regulated procurement exercise to appoint a regulated independent auditor that will provide this service.

Lot Information

Lot 1

NHS Greater Glasgow and Clyde Healthcare Charity (formally known as the NHSGGC Endowment Fund) is a charity registered with OSCR (SC005895) comprising in excess of 1700 restricted/unrestricted individual funds for the benefit of patients and staff. Charitable Endowment Funds: Endowment funds are defined as money or property donated to the Health Board and held in trust for such purposes relating to services provided under the National Health Service (Scotland) Act 1978 or in relation to hospitals, or to the functions of the Board with respect to research, as the Board may think fit. Funds are used for equipment, patients' comforts and amenities, research, and training together with the provision of extra facilities and opportunities not available from government funding. The Boards Endowment Fund had total net assets of GBP103.6m as of 31st March 2025 and expenditure amounted to GBP14.1m. Patients Private Funds: NHSGGC administers GBP2.5 million Patients' Private Funds (PPF) on behalf of around 500 of its patients. Many of these patients are incapable of managing their own affairs, and are covered by the Adults with Incapacity (Scotland) Act 2000, but others choose to use the service voluntarily because of the convenience, or because infirmity or frailness makes the use of normal banking arrangements impractical. The Board is responsible for ensuring proper accounting records are maintained, which disclose with reasonable accuracy at any time the financial position of the PPF and for safeguarding the assets held on behalf of the patients, including taking reasonable steps for the prevention and detection of fraud and other irregularities. Both the Charitable Endowment Funds and the PPF are required to be independently audited in accordance with approved auditing standards. Consequently NHSGGC is required to conduct a regulated procurement exercise to appoint a regulated independent auditor that will provide this service.

Renewal: 2 x 12 month possible extensions available.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-058cd6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/027298-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning 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

66 - Financial and insurance services

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

CPV Codes

66100000 - Banking and investment services

66120000 - Investment banking services and related services

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
£181,750 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£181,750 £100K-£500K

Notice Dates

Publication Date
25 Mar 20265 months ago
Submission Deadline
26 Jan 2026Expired
Future Notice Date
1 Dec 2025Expired
Award Date
25 Mar 20265 months ago
Contract Period
1 Apr 2026 - 31 Mar 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NHS Greater Glasgow and Clyde
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G4 0SF
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City
Local Authority
Glasgow City
Electoral Ward
Dennistoun
Westminster Constituency
Glasgow North East

Supplier Information

Number of Suppliers
1
Supplier Name

BDO LLP

Further Information

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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