Find a TenderAwarded
Published 6 Oct 2023, 17:06 BST

Official UK procurement notice

Asset Valuations for Statutory Financial Reporting

Official notice

Authority: Cherwell District Council (Local council)

ServicesOpen procedure
Published estimate£208,333exc. VAT34.4% below published estimate
Submissions closed 9 Nov 2023awarded 8 Feb 2024
Awarded to Montagu-Evans LLP

What is being bought

Published requirement description

This is a Contract Award Notice for 23PROC090 - Asset Valuations for Statutory Financial Reporting.

CPV: Accounting review services

The lotProcurement structure

single lot · value published
Lot #1This is a Contract Award Notice for 23PROC090 Asset Valuations for Statutory Financial…AwardedRenewalPublished value£208,333

This is a Contract Award Notice for 23PROC090 Asset Valuations for Statutory Financial Reporting.

Delivery: UK, South East · Oxfordshire
Extensions: Initial contract period is 3 years with an option to extend by up to 2 years at the Council's discretion.Variant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 60%Price: 40%
Published award criteria (2)
  • Quality: 60%
  • Price: 40%
What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
6 Oct 2023, 17:06 BST
Last source update
14 Feb 2024, 11:04 GMT
Award evaluation window
9 Nov 2023 – …
Authority reference
23PROC090
FTS notice number
2024/S 000-004890
Classification (CPV)
Accounting review services
Delivery area
UKSouth East (UKJ14)
Official registry OCID
ocds-h6vhtk-0408c7 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

How it was run

Official notice
Run through: EU-Supply (CTM) · Who buys & how to bid on EU-Supply
Public notice page · account needed to bidLanguage: EN
Access & registration note: Free · 5–10 minutes
Submission deadline
9 Nov 2023, 11:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bid validity
90 days from the deadline
Bids opened
9 Nov 2023, 11:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

9 Nov 2023 → 14 Feb 2024 · 3 dates
  1. Submission deadline
    9 Nov 2023, 11:00 GMT
  2. Bids opened
    9 Nov 2023, 11:00 GMT
  3. Notice published
    14 Feb 2024, 11:04 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    14 Feb 2024, 11:04 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £136,6761 contract exc. VAT
Bids received 7
Contracts signed 1latest 8 Feb 2024
Awarded toValueDateStatus
Montagu-Evans LLP23PROC090 Asset Valuations for Statutory Financial Reporting£136,676 †—Awarded

Contracts

  • 23PROC090 Asset Valuations for Statutory Financial Reporting · Montagu-Evans LLP

    Signed
    8 Feb 2024
    Value
    £136,676
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
7bids———

Contracting authority & participating public bodies

Cherwell District Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services n/a Bodicote House, White Post Road, Banbury, South East, OX15 4AAContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High Court of England and WalesMediation bodyReview bodyReview contact point London

Bidders & participating suppliers

1 commercial party on the notice
  • Montagu Evans LLPAwarded supplierOC312072 70 St Mary Axe, London, London, EC3A 8BEContact phone

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria