---
title: "External Audit Services"
ocid: "ocds-h6vhtk-044e1d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-044e1d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-044e1d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-044e1d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "LONDON LGPS CIV LIMITED"
published: "2024-10-02"
---

# External Audit Services

Buyer: LONDON LGPS CIV LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-044e1d

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## Summary

The contracting authority, LONDON LGPS CIV LIMITED, has completed the procurement process for "External Audit Services" in the pension investment services category. Located in London, UK, this process concluded at the award stage on 2 October 2024. The open procedure tender involved a contract value of £2,000,000 GBP and is aimed at providing audit services for London CIV as an Alternative Investment Fund Manager (AIFM) covering a range of funds, in compliance with legal and best practice standards.

This tender presents significant business growth opportunities for firms specialising in financial auditing and regulatory compliance. Particularly suited for FCA-approved auditors, the contract includes annual statutory audits, reporting to management, and CASS assurance audits. With London CIV managing £15.9 billion AUM, the appointed firm, Grant Thornton UK LLP, stands to play a critical role in ensuring financial and regulatory integrity. Businesses capable of delivering high-quality audit services and adhering to UK financial reporting standards are ideal contenders for such contracts.

## Notice

London CIV is authorised as an Alternative Investment Fund Manager (AIFM) and had PS15.9 billion of assets under management as of 31 December 2023. In support of London CIV's strategic objectives, London CIV is seeking to appoint an independent auditor. The entities included in the tender are London LGPS CIV Ltd, 18 active funds and 2 closed funds structured under an Authorised Contractual Scheme (ACS) and 6 private market funds.

### Lot Information

Lot 1

Specific services will include, but will not be limited to: * Providing annual statutory and fund audits for London CIV as the AIFM and all its funds prepared in accordance with United Kingdom Generally Accepted Accounting Practice and the Companies Act 2006, Investment Association SORP or other applicable financial reporting and regulatory framework; * reporting to management, the Compliance, Audit & Risk (CARCO) Committee and the Board including attendance at meetings as appropriate in accordance with best practice; * CASS assurance audit - we do not currently hold any client money or assets , * Rates clearances on fund audits prior to year-end distribution payment.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/031617-2024 |
| 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, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Oct 2024 |
| Submission deadline | 30 Apr 2024 |
| Future notice date | Not specified |
| Award date | 2 Oct 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,000,000 |
| Lots value | £2,000,000 |
| Awards value | Not specified |
| Contracts value | £2,000,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LONDON LGPS CIV LIMITED |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE1 0NZ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI44 Lewisham and Southwark |
| Local authority | Southwark |
| Electoral ward | Borough & Bankside |
| Westminster constituency | Bermondsey and Old Southwark |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | GRANT THORNTON |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66131100 - Pension investment services

## Release History

- 2 Oct 2024 at 19:49 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/031617-2024
- 28 Mar 2024 at 11:35 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/010242-2024

## Notice URLs

- http://www.londonciv.org.uk
- https://londonciv.org.uk/

## 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-044e1d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-044e1d.json.