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Official procurement procedure

Financial Audit Firm Rotation

Accounting and auditing services
Financial auditing services
Published value
£2,650,000
Submission deadline 7 Mar 2024, 17:00 GMT
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: HS1 Ltd: "Financial Audit Firm Rotation". Published status: active. Published value: £2,650,000. 1 published lot. Recorded submission deadline: 7 Mar 2024, 17:00 GMT. See the official notice for participation instructions.
Contracting AuthorityHS1 LtdScope & CategoriesNot publishedSubmission Window
Closed
7 Mar 2024, 17:00 GMT
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£2,650,000
Bidder Intelligence · Authority Profile: HS1 Ltd
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for HS1 Ltd. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
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: 1 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. Price reduction 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 Unpublished data stays unknown.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 AuthorityHS1 Ltd
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
Published5 Feb 2024, 21:49 GMT
Last source update5 Feb 2024, 21:49 GMT
Recurring procurementNot published
ClassificationAccounting and auditing services, Financial auditing services
Delivery area
OCIDocds-h6vhtk-042517
What is being bought
This is a call for competition via an initial PQQ, and subsequent ITT for 'Financial Audit Services', for HS1 Ltd, as detailed in the associated PIN (ref 2023/S 000-036585) published 12 December 2023 on 'Find a Tender'. The instructions, service specification, evaluation criteria, and indicative timelines are provided in the attached pdf and spreadsheet (Annex A).
What changed
From the official release history
  1. Published value updated to £2,650,000
    5 Feb 2024, 21:49 GMT
  2. Status changed to active
    5 Feb 2024, 21:49 GMT
  3. Official notice release published
    5 Feb 2024, 21:49 GMT
  4. Submission deadline changed to 7 Mar 2024, 17:00 GMT
    5 Feb 2024, 21:49 GMT
  5. Status changed to planned
    12 Dec 2023, 18:50 GMT
  6. Official notice release published
    12 Dec 2023, 18:50 GMT
  7. Buyer information updated
    12 Dec 2023, 18:50 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published value£2,500,000
    HS1 Ltd has chosen to re-tender the Financial Audit Services contract (10-year contract) for the FY25 (year ending 31 March 2025) and beyond, as detailed in the corresponding PIN (reference 2023/S 000-036585) published on 'Find a Tender' on 12 December 2023. This is the call for competition via an initial PQQ, and subsequent ITT. The instructions, service specification, evaluation criteria, and indicative timelines are provided in the attached pdf.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    5 Feb 2024, 21:49 GMT
  2. Submission deadline
    7 Mar 2024, 17:00 GMT
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

HS1 Ltd

Contracting authority GB-FTS-1158
View buyer profile
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published