---
title: "External Audit Contract 23/24"
ocid: "ocds-b5fd17-8b62e854-5fa0-440f-b509-03380b48d5ad"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-8b62e854-5fa0-440f-b509-03380b48d5ad"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-8b62e854-5fa0-440f-b509-03380b48d5ad.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-8b62e854-5fa0-440f-b509-03380b48d5ad.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2024-10-29"
---

# External Audit Contract 23/24

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-8b62e854-5fa0-440f-b509-03380b48d5ad

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-8b62e854-5fa0-440f-b509-03380b48d5ad)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-8b62e854-5fa0-440f-b509-03380b48d5ad.json)

## Summary

The Bank of England, located in London, has awarded an External Audit Contract for the fiscal year 23/24 to KPMG LLP. This contract falls under the auditing services category (CPV code 79212000) and pertains to the final year of KPMG's audit of the Bank, as well as supporting the transition to a new auditor. The contract was awarded through a direct award procurement method, and key dates include the contract start date of 28th February 2023 and the end date of 30th June 2024. The total contract value is £1,651,200.

This tender presents significant opportunities for businesses in the auditing and financial services sectors, particularly those looking to engage with large scale and high-profile clients like the Bank of England. Large auditing firms with relevant experience and the capacity to handle substantial contracts would be well-suited to such opportunities. The completion of this contract facilitates business growth for KPMG LLP, highlighting the potential for similar firms to secure and manage extensive auditing contracts in the future.

## Notice

To cover fees for KPMG's final year of auditing the Bank and to support the transition to the new Bank Auditor.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2eb09f1e-55d0-4c19-911b-7a8fc6664600 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Direct Award |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 29 Oct 2024 |
| Submission deadline | 1 Dec 2022 |
| Future notice date | Not specified |
| Award date | 28 Feb 2023 |
| Contract period | 28 Feb 2023 - 30 Jun 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,651,200 |
| Lots value | Not specified |
| Awards value | £1,651,200 |
| 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 | BANK OF ENGLAND |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2R 8AH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Walbrook |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | KPMG |

## CPV Codes

### Divisions

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

### Codes

- 79212000 - Auditing services

## Release History

- 29 Oct 2024 at 17:02 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2eb09f1e-55d0-4c19-911b-7a8fc6664600

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2eb09f1e-55d0-4c19-911b-7a8fc6664600
  29th October 2024 - Awarded contract notice on Contracts Finder

## 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-b5fd17-8b62e854-5fa0-440f-b509-03380b48d5ad. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-8b62e854-5fa0-440f-b509-03380b48d5ad.json.