--- title: "Brighter Futures for Children Request for Proposal (RFP) - External Auditor Services" ocid: "ocds-h6vhtk-03fc7b" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03fc7b" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03fc7b.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03fc7b.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "BRIGHTER FUTURES FOR CHILDREN" published: "2023-09-13" --- # Brighter Futures for Children Request for Proposal (RFP) - External Auditor Services Buyer: BRIGHTER FUTURES FOR CHILDREN Current stage: Tender OCID: ocds-h6vhtk-03fc7b [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03fc7b) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-03fc7b.json) ## Summary The Brighter Futures for Children Limited is seeking external audit services through a tender process for the remaining two accounting periods, 2024/25 and 2025/26. This tender opportunity arises from the need to appoint auditors in line with the Companies Act due to their 7-year contract with Reading Borough Council for running Children’s Services in Reading. There is a possible extension of up to three years beyond 2026, creating a business opportunity in auditing services. The deadline for submission is on 13th October 2023, and the procurement stage is currently active. Businesses in the auditing services industry are well-suited to compete for this tender opportunity by providing external audit services to a sizeable entity with a £75 million turnover per annum and 500 employed staff. The procurement method is an open procedure, and the submission method requires written submissions. Located in Reading, this contract offers a chance for growth and partnership with Brighter Futures for Children Limited, a public service company governed by public law. Its significance lies in the continued provision of services to the community through transparent and accountable financial practices. ## Notice As a private company Brighter Futures for Children Limited are required to appoint auditors in line with the Companies Act. The Company therefore requires the services of an external auditor. Brighter Futures for Children Limited, is already 5 years into a 7year contract with Reading Borough Council (RBC) to run Children's Services in Reading. The year end is 31 March 2024, and this tender is to provide external audit services for remaining two year accounting periods 2024/25, 2025/26. Please note there is a possible extension of a further three years should RBC issue a further contract to Brighter Futures for Children Limited beyond March 2026.Overall, the size of the entity is PS75m turnover per annum and 500 staff are employed. Further information about the background to the establishment of the company can be found in the attached Council report concerning the creation of the company. ### Lot Information Lot 1 As a private company Brighter Futures for Children Limited are required to appoint auditors in line with the Companies Act. The Company therefore requires the services of an external auditor. Brighter Futures for Children Limited, is already 5 years into a 7year contract with Reading Borough Council (RBC) to run Children's Services in Reading. The year end is 31 March 2024, and this tender is to provide external audit services for remaining two year accounting periods 2024/25, 2025/26. Please note there is a possible extension of a further three years should RBC issue a further contract to Brighter Futures for Children Limited beyond March 2026.Overall, the size of the entity is PS75m turnover per annum and 500 staff are employed. Further information about the background to the establishment of the company can be found in the attached Council report concerning the creation of the company. Renewal: Extension of up to 3 years subject to BFfC services to Reading Borough Council are continued beyond March 2026. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/027119-2023 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 13 Sep 2023 | | Submission deadline | 13 Oct 2023 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | BRIGHTER FUTURES FOR CHILDREN | | Locality | READING | | Post town | Not specified | | Postcode | N/A | | Country | Not specified | | ITL 1 | Not specified | | ITL 2 | Not specified | | ITL 3 | Not specified | | Local authority | Not specified | | Electoral ward | Not specified | | Westminster constituency | Not specified | | Delivery location | TLJ11 Berkshire | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79212000 - Auditing services ## Release History - 13 Sep 2023 at 14:51 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/027119-2023 ## Notice URLs - https://brighterfuturesforchildren.org/ - https://courttribunalfinder.service.gov.uk/courts/rolls-building - https://in-tendhost.co.uk/readingbc/aspx/Tenders/Current - https://www.gov.uk/government/organisations/cabinet-office ## 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-h6vhtk-03fc7b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03fc7b.json.