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Pension Scheme Audit Services - Scottish Enterprise Pension and Life Assurance Scheme

Scottish Enterprise

This public procurement record has 2 releases in its history.

Award

18 May 2026 at 01:00

PCS Notice - Website Contract Award Notice
Tender

27 Feb 2026 at 00:00

PCS Notice - Website Contract Notice
Summary of the contracting process

The procurement process for the Pension Scheme Audit Services contract, initiated by Scottish Enterprise, focuses on delivering statutory audit services for the Scottish Enterprise Pension and Life Assurance Scheme. This tender, tagged as "P26-0060", is situated in Glasgow, within the UKM region, and falls under the services category with industry classifications related to financial auditing. The buying organisation, Scottish Enterprise, located at Atrium Court, 50 Waterloo Street, Glasgow, has awarded the contract to RSM UK Audit LLP for a value of GBP 110,000. The contract is scheduled to begin in April 2026 and conclude by 31 March 2030. The procurement was conducted through an open procedure, with the submission phase concluding on 26 March 2026 and the award phase beginning the same day.

This tender presents growth opportunities particularly for businesses specializing in audit and financial assessment services. With an estimated contract value between GBP 88,000 and GBP 120,000, participating firms could gain significant visibility and experience by engaging with a prestigious public authority like Scottish Enterprise. This procurement process was characterized by electronic submissions and a competitive landscape, with six bids received. Firms equipped to meet the audit and financial reporting requirements of large-scale pension schemes, as well as those committed to climate change considerations, stand well-positioned to bid competitively for similar future opportunities.

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Notice Information

Notice Title

Pension Scheme Audit Services - Scottish Enterprise Pension and Life Assurance Scheme

Notice Description

The purpose of this Invitation to Tender (ITT) is to appoint a single supplier to deliver statutory audit services to the Scottish Enterprise Pension and Life Assurance Scheme ("the Scheme"). It is anticipated that the contract will start April 2026 and end on 31 March 2030. The value of the contract is expected to be in the region of between GBP88,000 and GBP120,000 excluding VAT.

Lot Information

Lot 1

The purpose of this Invitation to Tender (ITT) is to appoint a single supplier to deliver statutory audit services to the Scottish Enterprise Pension and Life Assurance Scheme ("the Scheme"). Annually, the appointed supplier will be expected to conduct an independent audit of the Scheme's annual report and financial statements, prepare and deliver appropriate reports etc. It is anticipated that the contract will start April 2026 and end on 31 March 2030. The value of the contract is expected to be in the region of between GBP88,000 and GBP120,000 excluding VAT.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000820150
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY556035
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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

79212000 - Auditing services

79212100 - Financial auditing services

79212300 - Statutory audit services

Notice Value(s)

Tender Value
£120,000 £100K-£500K
Lots Value
£120,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£110,000 £100K-£500K

Notice Dates

Publication Date
18 May 20263 months ago
Submission Deadline
26 Mar 2026Expired
Future Notice Date
Not specified
Award Date
15 May 20263 months ago
Contract Period
Not specified - Not specified
Recurrence
The contract will be required to be retendered in 4 years

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Enterprise
Additional Buyers

Scottish Government

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G2 6HQ
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

RSM UK Audit LLP

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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