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Financial Audit Services

Places for People Group Limited

This public procurement record has 1 release in its history.

Tender

02 Oct 2026 at 13:42

UK4 - Tender Notice
Summary of the contracting process

Places for People Group Limited is seeking external financial audit services for its UK-wide housing and social enterprise group. The work covers registered housing providers and, depending on the lot, group and subsidiary accounts, joint ventures, commercial and development companies, special-purpose vehicles, leisure businesses and other group entities. Three lots are offered: audit work across all group entities; the consolidated group accounts and key components; or commercial, development and leisure entities. Joint-venture audit responsibility varies between partners, and not every joint venture will be audited by the appointed firm. The group owns, manages and develops homes and communities and also operates support services businesses.

The buyer invited tenders through an open competitive flexible procedure. Initial tenders are followed by presentations and final tenders for shortlisted providers. Enquiries were due by 21 October 2026 at 12:00 BST; submissions by 28 October 2026 at 12:00 UTC. The award decision was scheduled by 15 March 2027. The contract runs from 1 April 2027 to 31 March 2032, with an option to extend by two years, subject to performance and governance approval. The stated total value is £1.9 million excluding VAT (£2.28 million including VAT); no separate positive value is stated for each lot. Quality carries 65% of the evaluation and price 35% for every lot. Relevant group audit work must support approval at the Group Board meeting at the end of July each year, and audited accounts must meet applicable filing deadlines, including the statutory deadline of nine months after year-end.

This opportunity suits qualified, experienced audit firms able to deliver high-quality, efficient external audits across a varied and potentially complex group. Suppliers should have the capacity to audit consolidated accounts and assess which entities are key components, while coordinating work across registered housing providers, regulated and commercial entities, joint ventures and other subsidiaries as relevant to their chosen lot. The work calls for strong audit planning, judgement about component coverage, and reliable coordination so that findings and required procedures feed into the group opinion and accounts approvals. The appointed auditor must also manage a structured handover and shadowing with the incumbent auditor, MHA. The lots are marked as suitable for small and medium-sized businesses and voluntary, community and social enterprises.

How relevant is this notice?

Notice Information

Notice Title

Financial Audit Services

Notice Description

The Places for People Group ("PfP") invites proposals from suitably qualified and experienced audit firms to provide external audit services for the Group. PfP is one of the UK's leading social enterprises as it owns, manages and develops homes and communities across the UK. The Group comprises registered housing providers together with commercial, leisure, development and support services businesses. The purpose of this tender is to appoint an external auditor capable of delivering a high-quality, efficient and value-adding audit service across the Group. The Group's auditor for the financial year ending 31 March 2027 is MHA. The successful bidder will be expected to participate in a structured transition and shadowing period during the FY26/27 audit cycle to ensure an effective transfer of knowledge and responsibilities. For more information about this opportunity, please visit the eSourcing portal at: https://procurementhub.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./57H2M6D999 To respond to this opportunity, please click here: https://procurementhub.delta-esourcing.com/respond/57H2M6D999

Lot Information

Lot 1: Lot 1: All Group entities

The successful bidder for this lot will be expected to provide audit services for the Group company and all subsidiaries and JVs as required. Please note that responsibility for production and audit of JV accounts varies between partners on a case-by-case basis and so not all JV entities will be audited by the successful bidder. The successful bidder will be expected to be able to complete work on the Group audit, including all necessary work on key components, as well as any other entities in the Group with statutory or covenant deadlines, by the date of the Group Board meeting at the end of July each year. Any entities with deadlines in advance of that date will also need to be completed in time to allow filing of audited accounts within the specified deadline. All other audit activity will need to completed in a timely manner to enable submission of audited accounts within the statutory deadline of 9 months from the Group's financial year end.

Renewal: Initial term: 5 years Extension option: 2 additional years subject to performance and governance approvals Start date: term to commence with the audit of the financial year beginning 1 April 2027

Lot 2: Lot 2: Group accounts and key components

The successful bidder for this lot will be expected to undertake the audit of the consolidated group accounts as well as for any key components of the Group. The successful bidder for this lot will be expected to determine which components need to be audited as part of this work on an annual basis as part of their planning approach, however as a minimum each year they will be expected to complete the following audits as a minimum: *Group company and consolidated Group accounts *All Registered Providers of Social Housing *All plcs *All obligor entities *All FCA-regulated entities *Any other entities that may have statutory or regulatory deadlines within the first six months of the financial year end. In addition to this minimum, the successful bidder will be expected to identify at the earliest opportunity the other entities on which it expects to need to conclude in order to reach an opinion on the Group accounts and either to complete this work or to ensure that the successful bidder completes the work to the necessary timeframe and completes any required specified procedures. The successful bidder will be required to complete all of the above in good time to allow approval of all relevant accounts at the Group Board's meeting at the end of July each year.

Renewal: Initial term: 5 years Extension option: 2 additional years subject to performance and governance approvals Start date: term to commence with the audit of the financial year beginning 1 April 2027

Lot 3: Commercial, Development and Leisure Entities

The successful bidder for this lot will be expected to undertake the audit of the Group's commercial companies, development companies (including JVs and other special purpose vehicles) and the individual entities within the Leisure sub-group. The specific entities to be audited may vary according to which specific entities are required to be completed as key components of the Group audit. The successful bidder for this lot will be required to complete all work necessary to enable filing of audited accounts within the statutory deadline of 9 months from the Group's financial year end, 31 March each year.

Renewal: Initial term: 5 years Extension option: 2 additional years subject to performance and governance approvals Start date: term to commence with the audit of the financial year beginning 1 April 2027

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-077fc2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/093365-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79200000 - Accounting, auditing and fiscal services

79212000 - Auditing services

79212100 - Financial auditing services

79212300 - Statutory audit services

Notice Value(s)

Tender Value
£1,900,000 £1M-£10M
Lots Value
£1,900,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
2 Oct 20264 days ago
Submission Deadline
28 Oct 20263 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Apr 2027 - 31 Mar 2032 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Places for People Group Limited
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
WC1X 8QR
Postcode Area
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified
Local Authority
Camden
Electoral Ward
King's Cross
Westminster Constituency
Holborn and St Pancras

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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