Official UK procurement notice
EXTERNAL AUDIT SERVICES · Lifestone Home Limited (Aug 2026)
Authority: Lifestone Home Limited (Public body)
What is being bought
Published requirement descriptionSettleParadigm wishes to appoint an external auditor to undertake the statutory annual financial external audit of the group and its subsidiaries. The intention is to commence with the year ending 31 March 2027 for a period of three years with an option to extend for up to two more years on a plus one basis (i.e. 3 years + 1 year + 1 year). For clarity, the maximum duration of the contract will be to complete the audit for year ending 31 March 2031 if both options to extend are taken. The scope of Services to be delivered under the Contract will be to undertake the external audit of the Group and its subsidiaries in line with current auditing standards and to opine on the statutory financial statements of the Group and subsidiaries that will be published on our website and submitted to the Regulator of Social Housing, our funders and investors.
- How the procedure runs: The tender will be conducted in two stages. The first stage is the tender submission which will be evaluate the conditions of participation, price and quality questions. After evaluation of this first stage, the three highest scoring tenderers will be shortlisted and invited to the second stage, the remaining companies will be deselected. The second stage is evaluation of a presentation. Following the presentation, the presentation scores will be combined with the scores from the first stage and the highest scoring tenderer overall will be awarded the contract.
- No preliminary market engagement: Preliminary Market Engagement has not been carried out as this is an established market.
CPV: Accounting and auditing services
The lotProcurement structure
single lot · value publishedLot #1RenewalPublished value£1,000,000
- Economic & financial standing
Refer to the procurement documents.
- Technical & professional ability
Refer to the procurement documents.
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 sub-criteria (3)
- Quality: 35%
- Presentation - 2nd Stage: 50%
- Price: 15%
Published award criteria (3)
- Price: Price submission.
- Quality: Written quality submission.
- Presentation - 2nd Stage: Presentation for 2nd Stage to the panel.
- Economic & financial standing
Refer to the procurement documents.
- Technical & professional ability
Refer to the procurement documents.
- Price carries 15 of 100 points: a 10% discount moves about 1.5 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
- Closed
- 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 Aug 2026, 11:59 BST
- Last source update
- 20 Aug 2026, 11:59 BST
- Award evaluation window
- Submission end – 2 Nov 2026
- Authority reference
DN826711- FTS notice number
2026/S 000-079392- Latest notice
- Tender notice (UK4)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-06e875Find a Tender
- How it runs
The tender will be conducted in two stages. The first stage is the tender submission which will be evaluate the conditions of participation, price and quality questions. After evaluation of this first stage, the three highest scoring tenderers will be shortlisted and invited to the second stage, the remaining companies will be deselected.
The second stage is evaluation of a presentation. Following the presentation, the presentation scores will be combined with the scores from the first stage and the highest scoring tenderer overall will be awarded the contract.
How it was run
Official notice- Submission deadline
- 17 Sept 2026, 12:00 BST
- Clarification deadline
- 10 Sept 2026, 17:00 BST
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
Timeline
20 Aug 2026 → 1 Dec 2026 · 5 dates- Tender notice published68 days ago20 Aug 2026, 11:59 BST
- Clarification questions by47 days ago10 Sept 2026, 17:00 BST
- Submission deadline40 days ago17 Sept 2026, 12:00 BST
- Today27 Oct 2026
- Award decision expected byin 6 days2 Nov 2026, 23:59 GMT
- Contract startsin 34 days1 Dec 2026
Notice history
1 event · 1 release on Find a Tender- Tender notice published20 Aug 2026, 11:59 BSTUK4
Contracting authority & participating public bodies
Official documents & specifications (1)
Official links; attachments are not copiedNotices published for this procedure
- Tender notice Tender notice on Find a Tender