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ClosedFind a Tender · tender
BuyerCity, University of London t/a City St George's University of London
StatusClosed
Deadline8 Oct 2024
Value£500,000
Published6 Sept 2024

What is being bought

External Audit Services

Delivery location

UKI31

Categories

Statutory audit services 79212300

Lot details

Lot 1

External Audit Services

Statusactive

What is included

ItemCategoryQuantity
1Not publishedNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 79. The category anchor is Statutory audit services (79212300); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 7913,7404 median · 30.9 average (5,804 of 13,740 with a bid count)3.2 average (6,508 of 13,740 with named award suppliers)1 comparable price pairs
Same buyer0Not publishedNot publishedNot published
Delivery region: UKI31404 median · 13.7 average (19 of 40 with a bid count)2.3 average (19 of 40 with named award suppliers)Not published
Similar published value (0.5×–2×)1,1457 median · 7.6 average (20 of 1,145 with a bid count)1.2 average (20 of 1,145 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementYes
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byGPA
Submission policyNot published
Selection criteriasuitability, technical
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Documents & submission route

  • economicSelectionCriteria
  • technicalSelectionCriteria

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-0498e1
Latest release ID028656-2024
Latest release timestampFri Sep 06 2024 15:05:10 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statusactive
Procurement methodopen
Procurement method detailsOpen procedure
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: end2024-10-08T12:00:00+01:00
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: start2024-10-08T13:00:00+01:00
Award period: endNot published
Submission method detailshttps://www.delta-esourcing.com/respond/69934PURDH
Submission languagesen
Electronic catalogue policyNot published
Total tender value£500,000
Tender lots in source1
Tender items in source1
Tender documents in source2
Awards in latest release0
Contracts in latest release0
Parties in latest release2

Notice history

DateEventReference
6 Sept 2024tender028656-2024

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
{
  "id": "028656-2024",
  "tag": [
    "tender"
  ],
  "date": "2024-09-06T16:05:10+01:00",
  "ocid": "ocds-h6vhtk-0498e1",
  "buyer": {
    "id": "GB-FTS-123802",
    "name": "City, University of London t/a City St George's University of London"
  },
  "tender": {
    "id": "24/0043",
    "lots": [
      {
        "id": "1",
        "status": "active",
        "options": {
          "description": "The initial contract term may be extended by up a maximum of a further 24 months at the Authority's discretion."
        },
        "renewal": {
          "description": "This service will be subject to a tender exercise prior to contract expiry, or expiry of any extension options agreed between the parties as the case may be"
        },
        "hasOptions": true,
        "hasRenewal": true,
        "description": "External Audit Services",
        "contractPeriod": {
          "durationInDays": 1080
        },
        "submissionTerms": {
          "variantPolicy": "notAllowed"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryLocation": {
          "description": "Camden and City of London"
        },
        "deliveryAddresses": [
          {
            "region": "UKI31"
          }
        ]
      }
    ],
    "title": "External Audit Services",
    "value": {
      "amount": 500000,
      "currency": "GBP"
    },
    "status": "active",
    "coveredBy": [
      "GPA"
    ],
    "documents": [
      {
        "id": "economic",
        "documentType": "economicSelectionCriteria"
      },
      {
        "id": "technical",
        "documentType": "technicalSelectionCriteria"
      }
    ],
    "bidOpening": {
      "date": "2024-10-08T13:00:00+01:00"
    },
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "recurrence": {
      "description": "36-60 months"
    },
    "awardPeriod": {
      "startDate": "2024-10-08T13:00:00+01:00"
    },
    "description": "External Audit Services",
    "tenderPeriod": {
      "endDate": "2024-10-08T12:00:00+01:00"
    },
    "hasRecurrence": true,
    "reviewDetails": "The Authority will incorporate a Standstill (Alcatel) Period of a minimum of 10 Calendar Days into the procedure,   after the notification of its intention to award a contract, to allow for bidders to appeal its decision, and prior to concluding any contract with the preferred bidder.",
    "classification": {
      "id": "79212300",
      "scheme": "CPV",
      "description": "Statutory audit services"
    },
    "submissionTerms": {
      "languages": [
        "en"
      ]
    },
    "submissionMethod": [
      "electronicSubmission",
      "written"
    ],
    "procurementMethod": "open",
    "selectionCriteria": {
      "criteria": [
        {
          "type": "suitability",
          "appliesTo": [
            "supplier"
          ],
          "description": "Auditors must comply with the following statutory regulations: https://www.frc.org.uk/library/supervision/professional-bodies-supervision/oversight-of-audit/statutory-regulations/, and the following Standards: https://www.frc.org.uk/library/standards-codes-policy/audit-assurance-and-ethics/auditing-standards/"
        },
        {
          "type": "technical",
          "description": "Auditors must comply with the following: https://www.frc.org.uk/library/supervision/professional-bodies-supervision/oversight-of-audit/statutory-regulations/, and the following Standards: https://www.frc.org.uk/library/standards-codes-policy/audit-assurance-and-ethics/auditing-standards/"
        }
      ]
    },
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "https://www.delta-esourcing.com/respond/69934PURDH",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-FTS-123802",
      "name": "City, University of London t/a City St George's University of London",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI31",
        "locality": "London",
        "postalCode": "EC1V 0HB",
        "countryName": "United Kingdom",
        "streetAddress": "Northampton Square"
      },
      "details": {
        "url": "http://www.city.ac.uk",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "09",
            "scheme": "COFOG",
            "description": "Education"
          }
        ]
      },
      "identifier": {
        "legalName": "City, University of London t/a City St George's University of London"
      },
      "contactPoint": {
        "url": "https://www.delta-esourcing.com/tenders/UK-UK-London:-Statutory-audit-services./69934PURDH",
        "email": "david.burrows@city.ac.uk",
        "telephone": "+44 2070405060"
      }
    },
    {
      "id": "GB-FTS-123803",
      "name": "City,  University of London t/a City St George's, University of London",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "postalCode": "EC1V 0HB",
        "countryName": "United Kingdom",
        "streetAddress": "Northampton Square"
      },
      "identifier": {
        "legalName": "City,  University of London t/a City St George's, University of London"
      },
      "contactPoint": {
        "email": "david.burrows@city.ac.uk",
        "telephone": "+44 2070405060"
      }
    }
  ],
  "language": "en",
  "description": "The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.\nFor more information about this opportunity, please visit the Delta eSourcing portal at: \nhttps://www.delta-esourcing.com/tenders/UK-UK-London:-Statutory-audit-services./69934PURDH\nTo respond to this opportunity, please click here: \nhttps://www.delta-esourcing.com/respond/69934PURDH\n GO Reference: GO-202496-PRO-27617452",
  "initiationType": "tender"
}
Complete JSON history (1 releases)
6 Sept 2024 · 028656-2024 · tender
{
  "id": "028656-2024",
  "tag": [
    "tender"
  ],
  "date": "2024-09-06T16:05:10+01:00",
  "ocid": "ocds-h6vhtk-0498e1",
  "buyer": {
    "id": "GB-FTS-123802",
    "name": "City, University of London t/a City St George's University of London"
  },
  "tender": {
    "id": "24/0043",
    "lots": [
      {
        "id": "1",
        "status": "active",
        "options": {
          "description": "The initial contract term may be extended by up a maximum of a further 24 months at the Authority's discretion."
        },
        "renewal": {
          "description": "This service will be subject to a tender exercise prior to contract expiry, or expiry of any extension options agreed between the parties as the case may be"
        },
        "hasOptions": true,
        "hasRenewal": true,
        "description": "External Audit Services",
        "contractPeriod": {
          "durationInDays": 1080
        },
        "submissionTerms": {
          "variantPolicy": "notAllowed"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryLocation": {
          "description": "Camden and City of London"
        },
        "deliveryAddresses": [
          {
            "region": "UKI31"
          }
        ]
      }
    ],
    "title": "External Audit Services",
    "value": {
      "amount": 500000,
      "currency": "GBP"
    },
    "status": "active",
    "coveredBy": [
      "GPA"
    ],
    "documents": [
      {
        "id": "economic",
        "documentType": "economicSelectionCriteria"
      },
      {
        "id": "technical",
        "documentType": "technicalSelectionCriteria"
      }
    ],
    "bidOpening": {
      "date": "2024-10-08T13:00:00+01:00"
    },
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "recurrence": {
      "description": "36-60 months"
    },
    "awardPeriod": {
      "startDate": "2024-10-08T13:00:00+01:00"
    },
    "description": "External Audit Services",
    "tenderPeriod": {
      "endDate": "2024-10-08T12:00:00+01:00"
    },
    "hasRecurrence": true,
    "reviewDetails": "The Authority will incorporate a Standstill (Alcatel) Period of a minimum of 10 Calendar Days into the procedure,   after the notification of its intention to award a contract, to allow for bidders to appeal its decision, and prior to concluding any contract with the preferred bidder.",
    "classification": {
      "id": "79212300",
      "scheme": "CPV",
      "description": "Statutory audit services"
    },
    "submissionTerms": {
      "languages": [
        "en"
      ]
    },
    "submissionMethod": [
      "electronicSubmission",
      "written"
    ],
    "procurementMethod": "open",
    "selectionCriteria": {
      "criteria": [
        {
          "type": "suitability",
          "appliesTo": [
            "supplier"
          ],
          "description": "Auditors must comply with the following statutory regulations: https://www.frc.org.uk/library/supervision/professional-bodies-supervision/oversight-of-audit/statutory-regulations/, and the following Standards: https://www.frc.org.uk/library/standards-codes-policy/audit-assurance-and-ethics/auditing-standards/"
        },
        {
          "type": "technical",
          "description": "Auditors must comply with the following: https://www.frc.org.uk/library/supervision/professional-bodies-supervision/oversight-of-audit/statutory-regulations/, and the following Standards: https://www.frc.org.uk/library/standards-codes-policy/audit-assurance-and-ethics/auditing-standards/"
        }
      ]
    },
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "https://www.delta-esourcing.com/respond/69934PURDH",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-FTS-123802",
      "name": "City, University of London t/a City St George's University of London",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI31",
        "locality": "London",
        "postalCode": "EC1V 0HB",
        "countryName": "United Kingdom",
        "streetAddress": "Northampton Square"
      },
      "details": {
        "url": "http://www.city.ac.uk",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "id": "09",
            "scheme": "COFOG",
            "description": "Education"
          }
        ]
      },
      "identifier": {
        "legalName": "City, University of London t/a City St George's University of London"
      },
      "contactPoint": {
        "url": "https://www.delta-esourcing.com/tenders/UK-UK-London:-Statutory-audit-services./69934PURDH",
        "email": "david.burrows@city.ac.uk",
        "telephone": "+44 2070405060"
      }
    },
    {
      "id": "GB-FTS-123803",
      "name": "City,  University of London t/a City St George's, University of London",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "postalCode": "EC1V 0HB",
        "countryName": "United Kingdom",
        "streetAddress": "Northampton Square"
      },
      "identifier": {
        "legalName": "City,  University of London t/a City St George's, University of London"
      },
      "contactPoint": {
        "email": "david.burrows@city.ac.uk",
        "telephone": "+44 2070405060"
      }
    }
  ],
  "language": "en",
  "description": "The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.\nFor more information about this opportunity, please visit the Delta eSourcing portal at: \nhttps://www.delta-esourcing.com/tenders/UK-UK-London:-Statutory-audit-services./69934PURDH\nTo respond to this opportunity, please click here: \nhttps://www.delta-esourcing.com/respond/69934PURDH\n GO Reference: GO-202496-PRO-27617452",
  "initiationType": "tender"
}