Official UK procurement notice
External Audit Services · UK public procurement notice
Authority: London School of Hygiene & Tropical Medicine (Education)
Re-procurement plannedInternal Audit Service · tender expected
What is being bought
Published requirement descriptionWe 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’.
- Recurrence: May 2028
CPV: Auditing services · Financial and insurance services · Financial auditing services
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£120,000
What it takes to wini
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 morei
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).
Published award criteria (2)
- Quality: 70%
- Price: 30%
- Price carries 30 of 100 points: a 10% discount moves about 3 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
- Yes · May 2028
- First published
- 19 Feb 2024, 13:49 GMT
- Last source update
- 9 Oct 2024, 13:49 BST
- Award evaluation window
- 22 Mar 2024 – …
- Authority reference
LSHTM-2023-10- FTS notice number
2024/S 000-032431- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-043b22Find a Tender
How it was run
Official notice- Submission deadline
- 22 Mar 2024, 13:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 22 Mar 2024, 13:00 GMT
Timeline
22 Mar 2024 → 9 Oct 2024 · 3 dates- Submission deadline22 Mar 2024, 13:00 GMT
- Bids opened22 Mar 2024, 13:00 GMT
- Notice published9 Oct 2024, 13:49 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete9 Oct 2024, 13:49 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| BDO LLP | £701,700 † | — | Awarded |
Contracts
External Audit Services · BDO LLP
- Signed
- 8 Aug 2024
- Value
- £701,700
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4bids · 4 electronic | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- The Royal Courts of JusticeReview body
Bidders & participating suppliers
1 commercial party on the notice- BDO LLPAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria