---
title: "UK SBS PS16174 Prospectus checking for Student Loans"
ocid: "ocds-b5fd17-6c7036d6-adca-11e6-9901-0019b9f3037b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6c7036d6-adca-11e6-9901-0019b9f3037b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6c7036d6-adca-11e6-9901-0019b9f3037b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-6c7036d6-adca-11e6-9901-0019b9f3037b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UK SHARED BUSINESS SERVICES LIMITED"
published: "2016-11-30"
---

# UK SBS PS16174 Prospectus checking for Student Loans

Buyer: UK SHARED BUSINESS SERVICES LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-6c7036d6-adca-11e6-9901-0019b9f3037b

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## Summary

The UK Shared Business Services Limited is seeking to appoint an independent party to conduct an audit of the Student Loans prospectus through the tender titled "UK SBS PS16174 Prospectus checking for Student Loans". This procurement falls within the accounting and auditing services industry, with a clear deadline for bids by 18 November 2016 at 14:00 hours. The contract is set to begin on 24 November 2016 and will run until 31 March 2017. The procurement method is an open procedure, allowing any qualified supplier to submit a proposal, ensuring competitiveness and transparency in the process.

This tender presents a significant opportunity for businesses specialising in financial consultancy and auditing services, particularly small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). The selected auditor will provide essential reports that will enhance the confidence of the government and its joint lead managers in the financial accuracy of the prospectus. Firms with expertise in agreed-upon procedures (AUPs) and familiarity with international standards in auditing would be particularly well-suited to compete for this contract.

## Notice

***CLOSING TIME FOR BIDS IS 18/11/2016 at 14:00 HOURS. DO NOT APPLY DIRECTLY TO THE BUYER*** The aim of this tender is to source an independent party to conduct an audit into the Student Loans prospectus. This will provide Government and its Joint Lead Managers with confidence that the financial information within the Prospectus does not contain material errors and has been audited by a third party. The selected party will be required to provide a report of the AUPs and an ICMA comfort letter. This tender is to contract an independent party to, in accordance with International Standard on Related Services (ISRS) 4400 'Engagement to Perform Agreed Upon Procedures Regarding Financial Information", perform an audit of the financial information presented in the Prospectus. The work will be completed in the following two phases. The draft red Prospectus will be prepared based on the then-available data and AuPs will be performed on this draft in December 2016, prior to the launch of any transaction. During February 2016, the stratification tables quoted in the draft red Prospectus will be updated using the final data extract for the black Prospectus (please note that the additional tables, market data and the WAL data will not be updated between the red and black Prospectus). The ICMA letter will be provided on the final black Prospectus Additional information: As part of the strategic alliance between UK Shared Business Services Ltd (UK SBS) and Crown Commercial Service (CCS), UK SBS can use the CCS eSourcing Suite for future procurements. If you have not yet registered on the eSourcing Suite, this can be done online at https://gpsesourcing.cabinetoffice.gov.uk by following the link 'Register for CCS eSourcing'. Please note that, to register, you must have a valid DUNS number (as provided by Dun and Bradstreet) for the organisation which you are registering, who will be entering into a contract if invited to do so. Once you have registered on the eSourcing Suite, a registered user can express an interest for a specific procurement. This is done by emailing Expressionofinterest@crowncommercial.gov.uk. Your email must clearly state: the name and reference for the procurement you wish to register for; the name of the registered Bidder; and the name and contact details for the registered individual sending the email. Crown Commercial Service will process the email and then enable the Bidder to access the procurement online via the e-Sourcing Suite. The registered user will receive a notification email to alert them once this has been done. The Sourcing documents can then be accessed on the eSourcing Suite at: https://gpsesourcing.cabinetoffice.gov.uk using the instructions detailed in the Specification documents within Contracts Finder. As a user of the e-Sourcing Suite you will have access to Emptoris email messaging service which facilitates all messages sent to you and from you in relation to any specific RFX event. Please note it is your responsibility to access these emails on a regular basis to ensure you have sight of all relevant information. For technical assistance on use of the e-Sourcing Suite please contact Crown Commercial Service Helpdesk : Telephone: 0345 010 3503 Training documents to support Bidders utilise Emptoris CCS eSourcing are available in the Contracts Finder Tender documents section.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/81161738-d4a9-462f-91e4-f322e003c29d |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 Nov 2016 |
| Submission deadline | 18 Nov 2016 |
| Future notice date | Not specified |
| Award date | 25 Nov 2016 |
| Contract period | 30 Nov 2016 - 31 Mar 2017 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £33,250 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UK SHARED BUSINESS SERVICES LIMITED |
| Locality | SWINDON |
| Post town | Swindon |
| Postcode | SN1 1FF |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK7 Gloucestershire and Wiltshire |
| ITL 3 | TLK71 Swindon |
| Local authority | Swindon |
| Electoral ward | Central |
| Westminster constituency | Swindon South |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ERNST & YOUNG |

## CPV Codes

### Divisions

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

### Codes

- 66171000 - Financial consultancy services
- 79210000 - Accounting and auditing services

## Release History

- 30 Nov 2016 at 10:51 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/81161738-d4a9-462f-91e4-f322e003c29d
- 18 Nov 2016 at 20:16 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/8cea0a42-9cf4-4037-82cf-919c62b34aa2

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/81161738-d4a9-462f-91e4-f322e003c29d
  30th November 2016 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/8cea0a42-9cf4-4037-82cf-919c62b34aa2
  9th November 2016 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/d45c522d-b046-4fdc-b897-e80f5f190e0d
  PS16174 AW5.2 Price Schedule
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/766a38a5-52db-4558-8ef0-3c2fe5621645
  PS16174 ITQ Invitation to Quote questions
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/cc1103f6-d212-40c8-a11b-31d8b1de0299
  Bidder - Logging into Emptoris for the first time V1.0
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/e8516930-8cfc-44fd-abc7-78efeaffc03c
  PS16174-S1-Services purchasing contract
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/975b58bb-8b13-4365-8b08-cd2a61e74a16
  PS16174 ITQ Invitation to Quote
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/41e50b20-5a3c-43e6-8cb7-a9e79b4e2182
  Bidder Training V1.0
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/d7b855b8-39ac-45ed-b0d0-79dfea1e2454
  PS16174 AW5.2 Price Schedule
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/a77d0408-86cf-4ee9-9b14-abf59d5df412
  PS16174 ITQ Invitation to Quote questions
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/e4ff53cd-e77b-438b-82ab-3a6b5f0755f7
  Bidder - Logging into Emptoris for the first time V1.0
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/f60639c8-8198-4894-a7a4-b8a663d7ffd4
  PS16174-S1-Services purchasing contract
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/1cf39c2d-4d92-485a-a771-192e2c8d924e
  PS16174 ITQ Invitation to Quote
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/01438646-c933-457f-ad8c-12ff2bc35ceb
  Bidder Training V1.0

## Notice URLs

- https://gpsesourcing.cabinetoffice.gov.uk

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-6c7036d6-adca-11e6-9901-0019b9f3037b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6c7036d6-adca-11e6-9901-0019b9f3037b.json.