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External review of major contractor's published financial accounts

Westminster City Council

This public procurement record has 1 release in its history.

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17 Sep 2026 at 15:21

UK7 - Contract Details Notice
Summary of the contracting process

Westminster City Council procured advisory services to externally review the published financial accounts of a major contractor. The work is a financial auditing and accounts-review service, intended to provide external scrutiny of the contractor’s published financial information. It falls within the services category and relates to a single requirement. The buying organisation is Westminster City Council, a sub-central public authority. The procurement concerns activity for the council and the major contractor whose accounts are being reviewed, with the contracting parties based in London. The requirement is relevant to firms providing external financial review, audit, assurance or related financial advisory services for public bodies and major contractors.

The procurement has been completed and the contract was awarded to PricewaterCoopers LLP. It used a selective procedure as a below-threshold award under a framework, and the award was not competitive at this stage. The award is active. The contract was signed on 19 August 2026 and runs from 21 August 2026 to 20 August 2029. Its gross value is £86,400. The contract is below the applicable threshold. There was one completed lot covering the external review service. The published outcome identifies PricewaterCoopers LLP as the selected supplier. The award relates to financial auditing services and was made under the council’s framework route.

This outcome provides a clear indication of Westminster City Council’s demand for independent review of major contractors’ published financial accounts, delivered through a framework-based route. Competitors would need credible external audit, financial assurance or advisory capability, with the technical judgement to examine published accounts and report on their reliability or financial presentation. Experience of reviewing substantial contractors would be directly relevant, as would the capacity to provide an independent service for a public authority over a multi-year contract. The selected supplier is a large professional-services firm, indicating that scale, established systems and the ability to sustain account-review work over several years may matter when this type of requirement is next considered.

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Notice Information

Notice Title

External review of major contractor's published financial accounts

Notice Description

Advisory Services for the provision of external review of major contractor's published financial accounts

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0774a6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/088316-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Below threshold - award under framework
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
£86,400 Under £100K

Notice Dates

Publication Date
17 Sep 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
21 Aug 2026 - 20 Aug 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Westminster City Council
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
SW1E 6QP
Postcode Area
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

PricewaterCoopers LLP

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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