---
title: "Re-Advertisement: CORP - External Auditor for Lancashire and London Pensions Partnership"
ocid: "ocds-b5fd17-b7c72a78-adc8-11e6-9901-0019b9f3037b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b7c72a78-adc8-11e6-9901-0019b9f3037b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b7c72a78-adc8-11e6-9901-0019b9f3037b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b7c72a78-adc8-11e6-9901-0019b9f3037b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LANCASHIRE COUNTY COUNCIL"
published: "2017-03-09"
---

# Re-Advertisement: CORP - External Auditor for Lancashire and London Pensions Partnership

Buyer: LANCASHIRE COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-b7c72a78-adc8-11e6-9901-0019b9f3037b

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## Summary

The procurement process involves Lancashire County Council seeking an External Auditor for the Lancashire and London Pension Partnership (LLPP). This re-advertised tender is classified under accounting, auditing, and fiscal services and was published on 27 August 2015, with the tender period closing on 11 September 2015. The contract is valued at £150,000 and runs from 1 April 2016 to 30 September 2019, with operations taking place in the North West of England. The procurement method used is an open procedure.

This opportunity provides significant potential for businesses in the accounting and auditing sector, particularly small and medium enterprises (SMEs) alongside voluntary, community, and social enterprises (VCSEs). Companies with expertise in external auditing or those capable of managing the complexities of pension fund audits would be ideally suited to compete for this contract. Engaging with this tender not only allows for financial growth but also enhances reputation by partnering with established public sector entities.

## Notice

Lancashire and London Pension Partnership (LLPP). The Lancashire County Pension Fund (LCPF) and the London Pensions Fund Authority (LPFA) have agreed to create an Asset and Liability Management Partnership (ALM) which will involve creating a pool of investment assets in excess of PS10bn together with an "end to end" Pension Services Organisation which will provide services related to the management of the two funds through a company structure part of which will be regulated by the Financial Conduct Authority (FCA). There is an ambition to grow the Assets under Management to PS40bn and to grow the number of scheme members looked after by the administration business beyond the c 0.5m served by the two current organisations following the securing of the continuation of existing third party business. Following approval through the appropriate governance structures the two funds are now proceeding to create the LLPP's formal structures, including the appointment of independent Non-Executive Directors and an Independent Chair, and submit applications for regulatory approval to the FCA. The process is being driven to an ambitious timetable in order to maintain momentum with the aim of the LLPP formally launching on 1 April 2016. Lancashire County Council (as administering authority of LCPF) and LPFA require an External Auditor to provide the external audit of the financial statements for the LLPP and its associated entities, each having a financial year ending on 31 March (2016/2017, 2017/2018, 2018/2019). Additional information: Please note: This is a re-advertisement (previous RFQ - 5772280).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e1f2cd68-1a1b-430c-8b82-ea8c923ff7ce |
| 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 | 9 Mar 2017 |
| Submission deadline | 11 Sep 2015 |
| Future notice date | Not specified |
| Award date | 10 Sep 2015 |
| Contract period | 31 Mar 2016 - 30 Sep 2019 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £150,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| 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 | LANCASHIRE COUNTY COUNCIL |
| Locality | PRESTON |
| Post town | Preston |
| Postcode | PR1 8XJ |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD4 Lancashire |
| ITL 3 | TLD45 Mid Lancashire |
| Local authority | Preston |
| Electoral ward | City Centre |
| Westminster constituency | Preston |
| Delivery location | TLD North West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | NOT AWARDED BY LCC - TRANSFERRED TO MANAGEMENT OF LPP |

## CPV Codes

### Divisions

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

### Codes

- 79200000 - Accounting, auditing and fiscal services

## Release History

- 9 Mar 2017 at 08:55 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e1f2cd68-1a1b-430c-8b82-ea8c923ff7ce
- 18 Nov 2016 at 20:16 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/3453242f-9d51-4eef-a4d5-8d4d1cbebc7e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/e1f2cd68-1a1b-430c-8b82-ea8c923ff7ce
  9th March 2017 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/3453242f-9d51-4eef-a4d5-8d4d1cbebc7e
  27th August 2015 - Opportunity notice on Contracts Finder
- http://www3.lancashire.gov.uk/corporate/web/?siteid=6864&pageid=41137&e=e
  To apply, please select this link

## Provenance

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