Award

Future Kent Project

THE UNIVERSITY OF KENT

This public procurement record has 2 releases in its history.

Award

04 Jun 2026 at 12:17

UK6 - Contract Award Notice
Award

04 Jun 2026 at 11:53

UK5 - Transparency Notice
Summary of the contracting process

The procurement process for the "Future Kent Project" was initiated by The University of Kent, a public authority in Canterbury, United Kingdom. The contract, tagged as both "award" and "contract," falls under the financial and insurance services category. Its purpose is to provide specialist advice on converting financial accounts to US GAAP standards, which is vital for meeting US Department of Education requirements for an ownership change scheduled for 1 August 2026. The procurement method used is direct, described as below threshold without competition, meaning there was no open competition for this tender. The award was made on 1 June 2026, with the contract period set from 4 June 2026 to 30 September 2026. The procurement stage is complete and the contract has been awarded to FORVIS MAZARS LLP, a large firm based in London.

The "Future Kent Project" presents opportunities for firms specialising in financial consultancy, particularly those experienced in US GAAP conversions and educational sector requirements. While the contract has already been awarded, understanding the requirements and processes could be beneficial for businesses looking to compete in similar tenders in the future, especially those that have the capability to rapidly accommodate accounting standard transitions. This is especially relevant for firms that can leverage their expertise in working with educational institutions or government regulations. Additionally, networking with involved parties such as The University of Kent or the awarded supplier could offer future business growth opportunities.

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Notice Information

Notice Title

Future Kent Project

Notice Description

Specialist advice on converting the 23/24 and 24/25 accounts to US GAAP, as required to meet US Dept of Education requirements in order to approve change in ownership from 1 August 2026. Mazars previously did some work for us on the going concern notes and so is familiar with the accounts to be able to turn it around in the timeframe.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06ad69
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/052786-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award 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

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£78,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jun 2026Today
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 May 20263 days ago
Contract Period
3 Jun 2026 - 30 Sep 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE UNIVERSITY OF KENT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CANTERBURY
Postcode
CT2 7NZ
Post Town
Canterbury
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ44 East Kent
Delivery Location
Not specified
Local Authority
Canterbury
Electoral Ward
Blean Forest
Westminster Constituency
Canterbury

Supplier Information

Number of Suppliers
1
Supplier Name

FORVIS MAZARS

Further Information

Notice Documents

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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