Find a TenderAwardedContract award notice
Published 20 May 2025, 13:44 BST

Official UK procurement notice

External Audit · BDO LLP for London School of Hygiene & Tropical Medicine (May 2025)

Official notice

Authority: London School of Hygiene & Tropical Medicine (Education)

ServicesCompetitive flexible procedureAbove thresholdSME suitable
Published estimate£700,000≈ £233k / year · £840,000 inc. VAT · 1 value update18.3% above published estimate
Submissions closed 27 Oct 2025awarded 26 Nov 2025
Award (standstill) to BDO LLP
Contract term 3 yrsends 12 Jan 2029 · up to 12 Jan 2031 with extensions · starts 12 Jan 2026

What is being bought

Published requirement description

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 a maximum of five years, commencing in January 2026. 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 three subsidiary companies, of which two require an audit (Chariot Innovations Limited and Sustainable Climate Impact Fund Limited). The third subsidiary is a non-trading Ugandan entity which is consolidated but does not require separate financial statements.

  • How the procedure runs: An initial assessment of tenders will be carried out as the first step and the top 3 highest scoring bidders will be taken forward and invited for interviews/presentation as the second and final stage.

CPV: Financial auditing services · Statutory audit services

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewal 3 yrsSMEPublished value£700,000
Contract period: 12 Jan 2026 – 12 Jan 2029 (3 yrs) · up to 12 Jan 2031 with extensionsValue: £700,000 exc. VAT · £840,000 inc. VAT
Delivery: LondonEligibility: SME eligible
Extensions: Initial contract term is 3 years with optional extension of 2 periods of 12 months each (3+1+1)

What it takes to win
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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
Competitive flexible procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Awarded
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Unspecified in notice
First published
20 May 2025, 13:44 BST
Last source update
1 Dec 2025, 13:00 GMT
Award evaluation window
Submission end – 25 Nov 2025
Authority reference
LSHTM-2025-017
FTS notice number
2025/S 000-053799
Latest notice
Contract award notice (UK6)
Classification (CPV)
Financial auditing servicesStatutory audit services
Delivery area
UKLondon (UKI)
Official registry OCID
ocds-h6vhtk-0518c5 Find a Tender
How it runs

An initial assessment of tenders will be carried out as the first step and the top 3 highest scoring bidders will be taken forward and invited for interviews/presentation as the second and final stage.

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 bidElectronic submission allowedLanguage: EN
Access & registration note: Free · 5–10 minutes
Submission deadline
27 Oct 2025, 10:00 GMT
Clarification deadline
24 Sept 2025, 17:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

20 May 2025 → 12 Jan 2026 · 11 dates
  1. Planning notice published
    20 May 2025, 13:44 BST
  2. Market engagement
    7 Jun 2025, 00:59 BST
  3. Tender notice published
    4 Sept 2025, 10:30 BST
  4. Next notice expected
    9 Sept 2025, 00:59 BST
  5. Clarification questions by392 days ago
    24 Sept 2025, 17:00 BST
  6. Submission deadline359 days ago
    27 Oct 2025, 10:00 GMT
  7. Award decision expected by329 days ago
    25 Nov 2025, 23:59 GMT
  8. Assessment summaries sent328 days ago
    27 Nov 2025
  9. Latest notice published324 days ago
    1 Dec 2025, 13:00 GMT
  10. Standstill ends313 days ago
    11 Dec 2025, 23:59 GMT
  11. Contract starts282 days ago
    12 Jan 2026

Notice history

11 events · 4 releases on Find a Tender · since 20 May 2025
  1. Preliminary market engagement notice published
    20 May 2025, 13:44 BST
    UK2
  2. Tender notice published
    4 Sept 2025, 10:30 BST
    UK4
  3. Published value published: £700,000
    4 Sept 2025, 10:30 BST
  4. Status changed to active
    4 Sept 2025, 10:30 BST
  5. Procurement method changed
    4 Sept 2025, 10:30 BST
  6. Deadline published: 23 Oct 2025, 16:00 BST
    4 Sept 2025, 10:30 BST
  7. Tender notice published
    9 Sept 2025, 09:14 BST
    UK4
  8. Deadline moved to 27 Oct 2025, 10:00 GMT
    9 Sept 2025, 09:14 BST
    +4 days · was 23 Oct 2025, 16:00 BST
  9. Contract award notice published
    1 Dec 2025, 13:00 GMT
    UK6
  10. Status changed to complete
    1 Dec 2025, 13:00 GMT
  11. Contract signature expected
    12 Dec 2025, 23:59 GMT
    scheduled
Published amendments (1)

The Tender submission deadline should be 06/10/2025 at 1pm

Routine re-releases (4)
  • 2025-05: 1 release · 20 May 2025

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £827,8541 award exc. VAT
Bids received 8
Awarded toValueDateStatus
BDO LLP12 Jan 2026 – 12 Jan 2029 · up to 12 Jan 2031Extensions: Optional extension of 2 periods of 12 months each.£827,85426 Nov 2025standstill to 11 Dec 2025Standstill

Bid statistics published by the authority

BidsSMEVCSEValid bid range
8final-stage tenders00—

Contracting authority & participating public bodies

London School of Hygiene & Tropical Medicine

Contracting authorityPublic authority - sub-central government GB-PPON: PHBN-2917-QXQQ Keppel Street,, London, London, WC1E 7HTContact name, email, phone

Bidders & participating suppliers

1 commercial party on the notice
  • BDO LLPAwarded supplierGB-PPON: PMQV-8736-WMJD 55 Baker Street, London, London, W1U 7EUContact email

Official documents & specifications (4)

Official links; attachments are not copied

Notices published for this procedure

  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender
  • Preliminary market engagement notice planningPreliminary market engagement noticeUK2Preliminary market engagement notice on Find a Tender