Award

Energetik Loans - MRP Policy Review 25-26

LONDON BOROUGH OF ENFIELD

This public procurement record has 1 release in its history.

Award

22 Apr 2026 at 18:01

UK7 - Contract Details Notice
Summary of the contracting process

The procurement process for the "Energetik Loans - MRP Policy Review 25-26" contract was managed by the London Borough of Enfield, a public authority operating within the sub-central government sector in the United Kingdom. The contract aimed to review the council's loan accounting for Lee Valley Heat Networks Limited to ensure compliance with various financial and regulatory standards. The procurement was conducted using a direct method, below the threshold, without competition. This process concluded with the award phase, where CIPFA was appointed as the supplier. The service category for this tender falls under financial auditing services, with delivery concentrated in the UKI54 region. The contract was signed on 20th April 2026, and it spans from 21st April 2026 to 31st May 2026, valued at £19,800 gross (£16,500 net). Key contact details can be found at Enfield's Civic Centre in Enfield.

This tender presents strategic growth opportunities for businesses specialising in financial auditing and compliance services. Given its focus on utility projects within the public sector, it is particularly suited for firms with expertise in public accounting standards, loan policy reviews, and regulatory compliance. Large-scale auditing companies, like CIPFA, are ideally positioned to compete for such contracts due to their capacity to deliver complex financial review services within stipulated deadlines. The contract, while specific in scope and limited by its direct procurement method, offers businesses the chance to establish or strengthen relationships with sub-central government authorities, thereby enhancing their portfolio and reputation in the public sector marketplace.

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Notice Information

Notice Title

Energetik Loans - MRP Policy Review 25-26

Notice Description

Review of Council's loan accounting of Lee Valley Heat Networks Limited (T/A Energetik) to ensure compliance with MRP Guidance (5th Edition), IFRS 9 and the CIPFA Code of Practice 2025/26

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-068912
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/036846-2026
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
Below threshold - without competition
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

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£16,500 Under £100K

Notice Dates

Publication Date
22 Apr 2026Yesterday
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
19 Apr 20264 days ago
Contract Period
20 Apr 2026 - 31 May 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
LONDON BOROUGH OF ENFIELD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ENFIELD
Postcode
EN1 3XA
Post Town
Enfield
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI54 Enfield
Delivery Location
Not specified
Local Authority
Enfield
Electoral Ward
Town
Westminster Constituency
Enfield North

Supplier Information

Number of Suppliers
1
Supplier Name

CIPFA

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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