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Brighter Futures for Children Request for Proposal (RFP) - External Auditor Services

Auditing services
South East (UKJ11)
Published value
Not published
Submission deadline 13 Oct 2023, 14:00 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Brighter Futures for Children : "Brighter Futures for Children Request for Proposal (RFP) - External Auditor Services". Published status: active. Published value: Value not published. 1 published lot. Recorded submission deadline: 13 Oct 2023, 14:00 BST. See the official notice for participation instructions.
Contracting AuthorityBrighter Futures for Children Scope & CategoriesNot publishedSubmission Window
Closed
13 Oct 2023, 14:00 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Brighter Futures for Children
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Brighter Futures for Children . These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
Not availableNo published reports
Bid counts are not published for this buyer
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 0 active published awards; 0 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityBrighter Futures for Children
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published13 Sept 2023, 15:51 BST
Last source update13 Sept 2023, 15:51 BST
Recurring procurementNo
ClassificationAuditing services
Delivery area
South East (UKJ11)
OCIDocds-h6vhtk-03fc7b
What is being bought
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 £75m 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.
What changed
From the official release history
  1. Status changed to active
    13 Sept 2023, 15:51 BST
  2. Official notice release published
    13 Sept 2023, 15:51 BST
  3. Submission deadline changed to 13 Oct 2023, 14:00 BST
    13 Sept 2023, 15:51 BST
  4. Buyer information updated
    13 Sept 2023, 15:51 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published valueNot published
    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 £75m 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.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    13 Sept 2023, 15:51 BST
  2. Submission deadline
    13 Oct 2023, 14:00 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Brighter Futures for Children

Contracting authority GB-FTS-92547
View buyer profile

  • Brighter Futures for Children
    buyer

    Civic Offices, Bridge Street, Reading, UKJ11
    pchub@reading.gov.uk
    Published organisation website

  • High Court of Justice of England and Wales
    reviewBody

    7 Rolls Buildings, Fetter Lane, London, EC4A 1NL
    +44 2079477156

  • The Cabinet Office
    reviewContactPoint

    70 Whitehall, London, SW1A 2AS
Documents (2)
Official links; attachments are not copied

  • economicSelectionCriteria

    tender
    economicSelectionCriteria

  • technicalSelectionCriteria

    tender
    technicalSelectionCriteria
Related procedures (0)
No data
No related procedures published