Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

External Audit Services

OPTIVO

This public procurement record has 3 releases in its history.

Award

05 May 2026 at 12:43

UK6 - Contract Award Notice
Tender

13 Jan 2026 at 17:43

UK4 - Tender Notice
Planning

20 Nov 2025 at 19:43

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

Southern Housing has successfully concluded the procurement process for External Audit Services, with the procurement reaching the award stage on 5th May 2026. The contracting entity is Southern Housing, based in London, UK, and is classified under public authority - sub-central government. The procurement, conducted via an open procedure, targeted the services industry under the category of financial and statutory auditing services. The contract, valued at £3,256,000, involves BDO LLP as the supplier and spans a five-year term starting from 1st October 2026 to 30th September 2031, with options for additional services related to day-to-day financial requirements. The process involved comprehensive preliminary market engagement and ended with an award on 16th April 2026.

This opportunity presents a significant potential for businesses within the auditing and financial services industry, especially those capable of providing comprehensive external audit services in line with International Standards on Auditing (UK). Established firms that can offer professional insights and support to Southern Housing’s Audit & Risk Committee will find this contract beneficial for long-term growth. The tender favoured large-scale suppliers due to the contract's comprehensive scope encompassing various subsidiaries and joint ventures within Southern Housing. Such engagements not only foster substantial revenue streams but also position suppliers as key partners in shaping the financial accountability and efficiency of a major housing authority.

How relevant is this notice?

Notice Information

Notice Title

External Audit Services

Notice Description

Southern Housing are procuring External Audit Services to undertake an independent audit of Southern Housing and its related subsidiaries to be carried out in accordance with International Standards on Auditing (UK) (ISAs (UK)). Southern Housing published a Preliminary Market Engagement notice related to this procurement and have undertaken Preliminary Market Engagement. The contract will be for a maximum term of 5 years and will be subject to the annual re-appointment of the external auditors by the Southern Housing Board. The Client is targeting the following strategic objectives and added value benefits: a. Deliver work requirements in line with the scope and specified instructions b. Deliver works within the required timelines c. Proactive communication - working in partnership d. Act as a professional and informed sounding board e. Provide proactive support to the Audit & Risk Committee f. Being kept informed of forthcoming / potential changes in financial reporting requirements g. Ideas for how the external audit process could be delivered more efficiently by SH / audit firm each year.

Lot Information

Lot 1

Options: Adhoc related services within the scope of the contract, arising from day to day financial services requirements may be instructed.

Planning Information

This notice is not an invitation for formal expressions of interest. The purpose of this Preliminary Market Engagement Notice and the questionnaire that we are asking you to complete is to gain some early insight and feedback from the market in relation to this exciting opportunity. Potential future bidders will not be prejudiced by any response or failure to respond to this Pre Market Engagement Notice. The procurement of the contracts by Southern Housing will be carried out strictly in accordance with the Procurement Act 2023. This process is being undertaken to share some headline information about the opportunity and also gather knowledge, feedback and insight in the following areas: • Capacity and resources • Interest and possible barriers • Scope and requirements • Pricing and commercial considerations • Procurement process and timelines • Compliance or regulatory factors. The information gathered will be used: • to inform the procurement process • to inform and influence the structure and content of the tender documents and • to provide feedback in relation to the appetite of the market together with information that will allow the exercise to be shaped to elicit a positive response from providers. The benefits to your organisation in participating in this process include: - the chance to assess whether the opportunity will be suitable and of interest to you - ensuring that the approach is realistic and market-focused - the chance to raise any risks, concerns or issues regarding the potential opportunity Your responses will assist us in creating a process which is well-framed, focused, feasible and likely to be of interest to the market. There is no commercial advantage or disadvantage to your organisation as a result of being involved in this exercise. This process focuses on the market as a whole, rather than on the merits of individual suppliers. It involves no element of supplier selection or bid evaluation. Finally, please be assured that any commercially sensitive information provided to us as part of this process will be treated in confidence, used only for the purposes of this market engagement exercise, and will not be disclosed to any other organisation, subject to the provisions of the Freedom of Information Act 2000. Interested companies are to complete the online questionnaire at https://forms.office.com/e/3CQ1y8SJ1q by the engagement deadline.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05e5ee
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/040976-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79212000 - Auditing services

79212100 - Financial auditing services

79212300 - Statutory audit services

Notice Value(s)

Tender Value
£5,000,000 £1M-£10M
Lots Value
£5,000,000 £1M-£10M
Awards Value
£3,255,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
5 May 20264 months ago
Submission Deadline
23 Feb 2026Expired
Future Notice Date
16 Dec 2025Expired
Award Date
16 Apr 20265 months ago
Contract Period
1 Oct 2026 - 30 Sep 2031 Over 5 years
Recurrence
2030-01-11

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
OPTIVO
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
EC1M 5LA
Postcode Area
Central 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
TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England)
Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

BDO LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...