---
title: "External Audit Services"
ocid: "ocds-h6vhtk-043b22"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-043b22"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-043b22.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-043b22.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "LONDON SCHOOL OF HYGIENE & TROPICAL MEDICINE"
published: "2024-10-09"
---

# External Audit Services

Buyer: LONDON SCHOOL OF HYGIENE & TROPICAL MEDICINE  
Current stage: Award  
OCID: ocds-h6vhtk-043b22

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-043b22.json)

## Summary

The London School of Hygiene & Tropical Medicine (LSHTM) has entered the award stage of its public procurement process for External Audit Services. The chosen supplier, BDO LLP, has been awarded a contract valued at £701,700, which was signed on 8 August 2024. LSHTM, located in Central London, requires audit services to comply with the Companies Act and professional standards, covering both the institution and its subsidiary companies. This contract will span four years, starting in May 2024, with a focus on auditing financial statements for statutory compliance and regulatory reporting to the Office for Students. The procurement method followed an open procedure, ensuring a transparent selection process, with submission prerequisites defined on the official portal.

This tender offers substantial growth opportunities for businesses specialising in financial auditing services, particularly those capable of handling complex requirements for higher education institutions. Companies with proven expertise in statutory compliance audits and a track record of working with public law bodies stand to benefit greatly. The awarded contract aligns with the industry's demand for high-quality audit services and presents a lucrative engagement for firms adept at delivering consistent, high-standard financial reports. As LSHTM and its subsidiaries require meticulous financial oversight, businesses positioned to provide comprehensive audit solutions are well-suited to vie for similar future opportunities.

## Notice

We are looking to appoint a supplier to provide External Audit Services in accordance with the Companies Act and relevant professional standards. We are seeking to put in place a new contract for four years, commencing in May 2024. As a higher education institution, we are required to carry out external audit of our financial statements for statutory compliance purposes. In addition to this we are also required to provide audited annual financial statements to our regulator, the Office for Students. The scope of service includes audit of the school's financial statements and the subsidiary company financial statements, together known as 'the Group'.

### Lot Information

Lot 1

We are looking to appoint a supplier to provide External Audit Services in accordance with the Companies Act and relevant professional standards. We are seeking to put in place a new contract for four years, commencing in May 2024. As a higher education institution, we are required to carry out external audit of our financial statements for statutory compliance purposes. In addition to this we are also required to provide audited annual financial statements to our regulator, the Office for Students. The scope of service includes audit of the school's financial statements and the subsidiary company financial statements, together known as 'the Group'. There are a total of four subsidiary companies, of which three require an audit. Three subsidiaries are wholly owned UK subsidiaries (Chariot Innovations Limited, LSHTM Developments Limited and Sustainable Climate Impact Fund Limited). The fourth subsidiary is a non-trading Ugandan entity which is consolidated but does not require separate financial statements.

Renewal: The Contract Term is 2 years with optional extension of 2 periods of 12 month each. (2+1+1)

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/032431-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Oct 2024 |
| Submission deadline | 22 Mar 2024 |
| Future notice date | Not specified |
| Award date | 7 Aug 2024 |
| Contract period | Not specified |
| Recurrence | May 2028 |

## Values

| Field | Value |
| --- | --- |
| Tender value | £120,000 |
| Lots value | £120,000 |
| Awards value | Not specified |
| Contracts value | £701,700 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LONDON SCHOOL OF HYGIENE & TROPICAL MEDICINE |
| Locality | LONDON |
| Post town | Central London |
| Postcode | WC1E 7HT |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI36 Camden |
| Local authority | Camden |
| Electoral ward | Bloomsbury |
| Westminster constituency | Holborn and St Pancras |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

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

### Codes

- 66000000 - Financial and insurance services
- 79212000 - Auditing services
- 79212100 - Financial auditing services

## Release History

- 9 Oct 2024 at 12:49 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/032431-2024
- 19 Feb 2024 at 13:49 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/005384-2024

## Notice URLs

- http://www.bdo.co.uk
- http://www.lshtm.ac.uk
- https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=78490&B=LSHTM
- https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/104519

## 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-043b22. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-043b22.json.