---
title: "CORP - (Re-Advertisement) External Auditor for Lancashire and London Pensions Partnership"
ocid: "ocds-b5fd17-cf6f8325-adc8-11e6-9901-0019b9f3037b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-cf6f8325-adc8-11e6-9901-0019b9f3037b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-cf6f8325-adc8-11e6-9901-0019b9f3037b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-cf6f8325-adc8-11e6-9901-0019b9f3037b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LANCASHIRE COUNTY COUNCIL"
published: "2017-03-09"
---

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

Buyer: LANCASHIRE COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-cf6f8325-adc8-11e6-9901-0019b9f3037b

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## Summary

The procurement process is being conducted by Lancashire County Council for the position of External Auditor to serve the Lancashire and London Pensions Partnership (LLPP). This re-advertised tender, titled "CORP - (Re-Advertisement) External Auditor for Lancashire and London Pensions Partnership," falls under the industry category of accounting, auditing and fiscal services. The tender period ended on 16 October 2015, while the contract period is set to run from 1 April 2016 until 30 September 2019. The contract is valued at £150,000 and is being procured through an open procedure, with delivery located in the North West region of the United Kingdom.

This tender presents significant opportunities for professional services firms, particularly those specialising in accounting and auditing. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to participate, especially those with experience in public sector audits. As the LLPP seeks to manage substantial pooled investment assets, successful bidders will play a crucial role in overseeing financial statements, thus positioning themselves as key providers in a growing financial landscape.

## 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: Re-advertisement Please note this procurement is being undertaken by Lancashire County Council on behalf of the Lancashire and London Pensions Partnership. Please see tender documents for further information about the Lancashire and London Pensions Partnership.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ddc21f24-178d-4354-aa1e-e8a91c9b8194 |
| 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 | 16 Oct 2015 |
| Future notice date | Not specified |
| Award date | 15 Oct 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. |

## 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 09:07 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/ddc21f24-178d-4354-aa1e-e8a91c9b8194
- 18 Nov 2016 at 20:16 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/65d95ee3-1e85-44fd-885d-a9d80a1395e2

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/ddc21f24-178d-4354-aa1e-e8a91c9b8194
  9th March 2017 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/65d95ee3-1e85-44fd-885d-a9d80a1395e2
  22nd September 2015 - Opportunity notice on Contracts Finder
- http://www.lancashire.gov.uk/business/tenders-and-procurement/tenders/corp-external-auditor-for-lancashire-london-pensions-partnership.aspx
  To apply, please select this link

## Provenance

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