---
title: "Financial Audit Firm Rotation"
ocid: "ocds-h6vhtk-042517"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042517"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-042517.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-042517.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "HS1 LTD"
published: "2024-02-05"
---

# Financial Audit Firm Rotation

Buyer: HS1 LTD  
Current stage: Tender  
OCID: ocds-h6vhtk-042517

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-042517.json)

## Summary

The buying organisation, HS1 Ltd, has initiated a tender process titled "Financial Audit Firm Rotation" in the services category. The procurement stage is currently active, with a total contract value of £2.65 million GBP. The tender involves re-tendering the Financial Audit Services contract for the fiscal year ending 31 March 2025 onwards. The tender submission deadline is 7th March 2024. The procurement method is an open procedure, and the tender submission can be made electronically or in writing. The location of the procurement is in London.

This tender by HS1 Ltd presents a lucrative opportunity for financial audit firms looking to expand their client portfolio. Businesses specialising in financial auditing services would be well-suited to compete for this contract. The tender process involves an initial Pre-Qualification Questionnaire (PQQ) followed by an Invitation to Tender (ITT), providing clear evaluation criteria for potential bidders. The long contract period of ten years offers stability and long-term business prospects for successful bidders. The transparent evaluation process and detailed service specifications ensure a fair and competitive bidding process.

## Notice

This is a call for competition via an initial PQQ, and subsequent ITT for 'Financial Audit Services', for HS1 Ltd, as detailed in the associated PIN (ref 2023/S 000-036585) published 12 December 2023 on 'Find a Tender'. The instructions, service specification, evaluation criteria, and indicative timelines are provided in the attached pdf and spreadsheet (Annex A).

### Lot Information

Lot 1

HS1 Ltd has chosen to re-tender the Financial Audit Services contract (10-year contract) for the FY25 (year ending 31 March 2025) and beyond, as detailed in the corresponding PIN (reference 2023/S 000-036585) published on 'Find a Tender' on 12 December 2023. This is the call for competition via an initial PQQ, and subsequent ITT. The instructions, service specification, evaluation criteria, and indicative timelines are provided in the attached pdf.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/003789-2024 |
| Notice type | Planning 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 | Planning, Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Feb 2024 |
| Submission deadline | 7 Mar 2024 |
| Future notice date | 22 Jan 2024 |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,650,000 |
| Lots value | £2,500,000 |
| 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 | HS1 LTD |
| Locality | LONDON |
| Post town | North London |
| Postcode | N1 9AG |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI43 Haringey and Islington |
| Local authority | Islington |
| Electoral ward | Caledonian |
| Westminster constituency | Islington South and Finsbury |
| Delivery location | TLI London |

## CPV Codes

### Divisions

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

### Codes

- 79210000 - Accounting and auditing services
- 79212100 - Financial auditing services

## Release History

- 5 Feb 2024 at 21:49 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/003789-2024
- 12 Dec 2023 at 18:50 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/036585-2023

## Notice URLs

- http://www.highspeed1.co.uk
- https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=77813&B=HIGHSPEED1
- https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/73582

## 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-042517. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-042517.json.
