Award

Service charge reconciliations

THE CROWN ESTATE

This public procurement record has 3 releases in its history.

Award

14 Oct 2025 at 11:59

UK7 - Contract Details Notice
Award

14 Oct 2025 at 11:35

UK6 - Contract Award Notice
Award

14 Oct 2025 at 10:29

UK5 - Transparency Notice
Summary of the contracting process

The Crown Estate has completed the procurement stage for a contract titled "Service Charge Reconciliations," focusing on services to clear a backlog of reconciliations within their London portfolio. The buying organisation is a central government public authority located in London, specifically at 1 St James Market, SW1Y 4AH. The procurement process was managed as a direct award to Grant Thornton UK LLP, owing to the urgency to address resourcing issues and customer service challenges. The contract commenced on 14th October 2025 and is set to conclude by 31st March 2026. This contract fits within the category of accounting, auditing, and fiscal services, with a total gross value amounting to £434,700.

This direct award tender presents substantial opportunities for businesses in the financial services sector, particularly those with expertise in accounting and auditing, to demonstrate their capability in handling pressing financial reconciliations efficiently. While Grant Thornton UK LLP, a large-scale firm, has already been designated as the supplier, this scenario underscores the potential for other similar businesses to position themselves as capable partners in future urgent procurement processes. Companies with a demonstrated ability to scale resources quickly and manage high-pressure financial tasks would find themselves well-suited to compete for such tenders, particularly in central government and public sector environments.

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Notice Information

Notice Title

Service charge reconciliations

Notice Description

Additional resources from Grant Thornton to support the service charge team clear the backlog of service charge reconciliations for the London portfolio

Procurement Information

We have attempted to close this issue by other means - largely resourcing internally and using agencies. We are not able to clear the backlogs in time and need to do so before 31 March 2026. Therefore we need to appoint firms with dedicated resources available quickly

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05cc17
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/065160-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
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

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£362,250 £100K-£500K
Contracts Value
£362,250 £100K-£500K

Notice Dates

Publication Date
14 Oct 20254 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Sep 20254 months ago
Contract Period
13 Oct 2025 - 31 Mar 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE CROWN ESTATE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1Y 4AH
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

GRANT THORNTON

Further Information

Notice Documents

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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