Find a TenderOpen for tender Tender notice
Published 2 Oct 2026, 13:42 BST

Official UK procurement notice

Financial Audit Services — UK public procurement notice

Authority: Places for People Group Limited (Public body)

3 lotsServicesCompetitive flexible procedureAbove thresholdSME suitableVCSE suitable
Published estimate£1,900,000envelope for 3 lots · £2,280,000 inc. VAT
Submission deadline 28 Oct 202612:00 GMT · 25d 22h left
Clarification cut-off 21 Oct 202612:00 BST · questions to the authority
Contract term 5 yrsup to 7 yrs with extensions · starts 1 Apr 2027
Bids per lot · this authority 3all categories · n=19 · competition analysis ↓

What is being bought3 lots · detail below

Published requirement description

The Places for People Group (“PfP”) invites proposals from suitably qualified and experienced audit firms to provide external audit services for the Group.

PfP is one of the UK's leading social enterprises as it owns, manages and develops homes and communities across the UK. The Group comprises registered housing providers together with commercial, leisure, development and support services businesses.

The purpose of this tender is to appoint an external auditor capable of delivering a high-quality, efficient and value-adding audit service across the Group.

The Group's auditor for the financial year ending 31 March 2027 is MHA. The successful bidder will be expected to participate in a structured transition and shadowing period during the FY26/27 audit cycle to ensure an effective transfer of knowledge and responsibilities.

For more information about this opportunity, please visit the eSourcing portal at:

https://procurementhub.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./57H2M6D999

To respond to this opportunity, please click here:

https://procurementhub.delta-esourcing.com/respond/57H2M6D999

  • How the procedure runs: Initial Tenders. Shortlisted providers will then be invited to a presentation and to submit a Final Tender

CPV: Accounting, auditing and fiscal services · Auditing services · Financial auditing services · Statutory audit services

Lots and requirements (3)Procurement structure

3 lots · all with a published value (£1,900,000 together) · same evaluation weights on every lot
Lot #1Lot 1: Lot 1: All Group entitiesRenewal 5 yrsSMEVCSEPublished value£1,900,000
The successful bidder for this lot will be expected to provide audit services for the Group company and all subsidiaries and JVs as required. Please note that responsibility for production and audit of JV accounts varies between partners on a case-by-case basis and so not all JV entities will be audited by the successful bidder. The successful bidder will be expected to be able to complete work on the Group audit, including all necessary work on key components, as well as any other entities in the Group with statutory or covenant deadlines, by the date of the Group Board meeting at the end of…
Contract period: 1 Apr 2027 — 31 Mar 2032 (5 yrs) · up to 7 yrs with extensionsEligibility: SME eligibleVCSE eligibleDelivery: UKTurnover guideline: ~£759,168/yr≈ 2× annual value
Value
£1,900,000 exc. VAT · £2,280,000 inc. VAT
Extensions
Initial term: 5 years Extension option: 2 additional years subject to performance and governance approvals Start date: term to commence with the audit of the financial year beginning 1 April 2027
79200000 Accounting, auditing and fiscal services79212100 Financial auditing services79212300 Statutory audit services

Who is likely to bid for this lot ↓

Lot #2Lot 2: Lot 2: Group accounts and key componentsRenewal 5 yrsSMEVCSEPublished value£0
The successful bidder for this lot will be expected to undertake the audit of the consolidated group accounts as well as for any key components of the Group. The successful bidder for this lot will be expected to determine which components need to be audited as part of this work on an annual basis as part of their planning approach, however as a minimum each year they will be expected to complete the following audits as a minimum: •Group company and consolidated Group accounts •All Registered Providers of Social Housing •All plcs •All obligor entities •All FCA-regulated entities •Any other en…
Contract period: 1 Apr 2027 — 31 Mar 2032 (5 yrs) · up to 7 yrs with extensionsEligibility: SME eligibleVCSE eligibleDelivery: UK
Value
£0 exc. VAT · £0 inc. VAT
Extensions
Initial term: 5 years Extension option: 2 additional years subject to performance and governance approvals Start date: term to commence with the audit of the financial year beginning 1 April 2027
79200000 Accounting, auditing and fiscal services79212000 Auditing services79212100 Financial auditing services79212300 Statutory audit services

Who is likely to bid for this lot ↓

Lot #3Lot 3: Commercial, Development and Leisure EntitiesRenewal 5 yrsSMEVCSEPublished value£0
The successful bidder for this lot will be expected to undertake the audit of the Group’s commercial companies, development companies (including JVs and other special purpose vehicles) and the individual entities within the Leisure sub-group. The specific entities to be audited may vary according to which specific entities are required to be completed as key components of the Group audit. The successful bidder for this lot will be required to complete all work necessary to enable filing of audited accounts within the statutory deadline of 9 months from the Group’s financial year end, 31 March…
Contract period: 1 Apr 2027 — 31 Mar 2032 (5 yrs) · up to 7 yrs with extensionsEligibility: SME eligibleVCSE eligibleDelivery: UK
Value
£0 exc. VAT · £0 inc. VAT
Extensions
Initial term: 5 years Extension option: 2 additional years subject to performance and governance approvals Start date: term to commence with the audit of the financial year beginning 1 April 2027
79200000 Accounting, auditing and fiscal services79212000 Auditing services79212100 Financial auditing services79212300 Statutory audit services

Who is likely to bid for this lot ↓

What it takes to win
i

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 are scored · same split on all 3 lots
Quality: 65%Price: 35%

No conditions of participation were published on the notice; check the tender documents.

Competition analysis · published record, not a forecast of who will bid

How Places for People Group Limited buys Accounting and auditing services (CPV 7921) — and who usually turns up

Places for People Group Limited’s own published record, next to the Greater London market for the same work. Frameworks and DPS are kept out: they attract a different number of bids. Whole-market view: Accounting and auditing services (CPV 7921) →

1

How the contest usually goes

Left: this authority. Right: the market where the work is delivered. Bids and award-vs-estimate pairs are per lot, from contested contracts only — direct awards (including PA 2023 transparency notices) report one bid by definition and are left out. On Procurement Act 2023 notices the count is the tenders assessed at the final stage, not every submission received; pairs compare like with like (VAT-exclusive, or VAT-inclusive on both sides). Empty means nothing was published, not filled in from elsewhere.

This authority

Places for People Group Limited

contract notices in 36 months: 1 in CPV 7921 · 8 in division 79 · 35 in all categories (1 without competition · 2 route not published)

Bids per lot
i

How many companies usually bid for work like this.

Middle value of published bid counts, one per lot, for this buyer or this region in the same sector.

Based on this buyer’s tenders in all categories, last 36 months: 19 lots. 4 lots are from Procurement Act 2023 notices (bids assessed, middle 3) and 15 from older notices (bids received, middle 4).

Nothing is filled in from UK-wide numbers. An empty tile means nothing usable was published.

3all categories · 36m · n=19 lots
Single-bid lots
i

How often only one company bid.

Share of lots that received exactly one bid, on the same competitions as the bids figure.

Based on this buyer’s tenders in all categories, last 36 months: 19 lots.

High means a thin market or an incumbent that is hard to beat.

11%all categories · 36m · n=19 lots
Award vs estimate
i

Do awards for work like this land above or below the estimate.

Estimate against award per lot, for this buyer or this region in the same sector.

Based on this buyer’s tenders in all categories, last 36 months: 2 pairs. Small sample.

A past pattern, not a price to bid.

at estimateall categories · 36m · n=2 pairs
Deadline → award date
i

How long buyers here take to decide after bids close.

Middle value in days from the deadline to the first award notice, on competitions that published both dates.

Based on this buyer’s tenders in all categories, last 36 months: 4 notices.

Only decided tenders count, so slow ones still waiting are not in.

Last 36 months.

69dall categories · 36m · n=4 notices
Notice updates
i

How often this buyer changes a notice after publishing it.

Middle number of amendments per notice. Deadline extensions and corrections both count.

Based on this buyer’s tenders in all categories, last 24 months: 91 notices.

Last 24 months.

0all categories · 24m · n=91 notices
Awarded without competition
i

How often this buyer awards without a competition.

Direct or limited awards as a share of its notices that say which procedure was used. These routes are legal in defined cases. This is just the record.

Based on this buyer’s tenders in this industry (CPV 79), last 36 months: 8 notices.

Last 36 months.

0%division 79 · 36m · n=8 notices
Bids per lot · history, not this notice’s lots robust · n=19
i

How the number of bidders is spread across lots.

Each lot with a published bid count is put in a band: one bid, two to three, four to six, seven or more. Real competitions only.

Based on 19 lots on 13 contested notices · all categories, last 36 months.

  • 1 bid 11%
  • 2–3 42%
  • 4–6 37%
  • 7+ 11%

Middle value 3 · 19 lots on 13 contested notices · all categories.

How procedures are run robust · n=8
i

Which procedures buyers here use.

Notices by the procedure they declare: open, selective, limited or direct. Open and selective are competitions; limited and direct are not.

Based on 8 notices · division 79, last 36 months.

  • Open 100%
  • Selective 0%
  • Limited 0%
  • Direct 0%

8 notices · division 79. Open and selective are competed (they feed the bid and price figures above); limited and direct are not; notices publishing no route are outside all four.

The market · authority’s region

Greater London · Accounting and auditing services (CPV 7921)

contract notices delivered in Greater London in 36 months: 73 in CPV 7921 (49 competed, 12 route not published) · 950 in division 79 (631 competed, 163 route not published) · the notice publishes no delivery location, so the authority’s registered region is used

Bids per lot
i

How many companies usually bid for work like this.

Middle value of published bid counts, one per lot, for this buyer or this region in the same sector.

Based on this region’s tenders in this sector (CPV 7921), last 36 months: 26 lots. 13 lots are from Procurement Act 2023 notices (bids assessed, middle 4) and 13 from older notices (bids received, middle 4).

Nothing is filled in from UK-wide numbers. An empty tile means nothing usable was published.

4CPV 7921 · 36m · n=26 lots
Single-bid lots
i

How often only one company bid.

Share of lots that received exactly one bid, on the same competitions as the bids figure.

Based on this region’s tenders in this sector (CPV 7921), last 36 months: 26 lots.

High means a thin market or an incumbent that is hard to beat.

12%CPV 7921 · 36m · n=26 lots
Award vs estimate
i

Do awards for work like this land above or below the estimate.

Estimate against award per lot, for this buyer or this region in the same sector.

Based on this region’s tenders in this sector (CPV 7921), last 36 months: 10 pairs.

A past pattern, not a price to bid.

1% belowCPV 7921 · 36m · n=10 pairs
Deadline → award date
i

How long buyers here take to decide after bids close.

Middle value in days from the deadline to the first award notice, on competitions that published both dates.

Based on this region’s tenders in this sector (CPV 7921), last 36 months: 14 notices.

Only decided tenders count, so slow ones still waiting are not in.

Last 36 months.

52dCPV 7921 · 36m · n=14 notices
SME bidders
i

How much of this market goes to small and medium firms.

SME bidders where buyers published the split, otherwise SME winners.

Based on this region’s tenders in this sector (CPV 7921), last 36 months: 20 lots.

Last 36 months.

53%CPV 7921 · 36m · n=20 lots
Winners based in the region
i

How much work like this goes to companies based in the delivery region.

Awards in this category delivered here where the winner’s registered address is in the region.

Based on this region’s tenders in this sector (CPV 7921), last 36 months: 25 awards.

Registered address, so a national firm with a local branch counts as outside.

Last 36 months.

88%CPV 7921 · 36m · n=25 awards
Bids per lot · history, not this notice’s lots robust · n=26
i

How the number of bidders is spread across lots.

Each lot with a published bid count is put in a band: one bid, two to three, four to six, seven or more. Real competitions only.

Based on 26 lots on 26 contested notices · CPV 7921, last 36 months.

  • 1 bid 12%
  • 2–3 31%
  • 4–6 42%
  • 7+ 15%

Middle value 4 · 26 lots on 26 contested notices · CPV 7921.

Winning award vs estimate robust · n=10
i

How often winners come in below, near or above the estimate.

Each lot with both an estimate and an award is placed by how far the award sat from the estimate.

Based on 10 lot pairs · CPV 7921, last 36 months.

A past pattern, not a price to bid.

  • Below estimate 40%
  • Within ±2% 30%
  • Above estimate 30%

10 lot pairs · CPV 7921.

robust · n=10
i

Where this tender’s estimate would land if the usual pattern repeats.

We apply the buyer’s usual movement between estimate and award (or the region’s) to the estimate on this notice.

This notice gives one total for several lots, so we show the percentage but do not turn it into pounds.

A benchmark, not a price to bid.

The middle award in Greater London (CPV 7921, n=10 pairs) lands 1% below. Applied to each lot’s own published value in the lot table below — the notice total (£1,900,000) is an envelope for 3 lots and is not converted.
Coverage and what to read with care
  • Each tile explains itself. The on a figure says what it is, how it is counted and which scope this notice’s own record came from (class, division, all categories, or the authority’s 24-month row). The two columns are never blended and nothing is filled from a UK-wide figure; an empty tile means the source published nothing usable. Long form: Methodology.
  • Coverage. Roughly 40 % of notices publish a bid count; about half publish an ITL1 delivery location, so the market column reads the authority’s registered region when the notice has none (labelled). About 30 % of award-vs-estimate pairs are exact matches — the buyer published the award at the estimate. n is on every figure; a thin sample is muted, never hidden.
  • “Match” and “relevance” are model scores from the nightly matcher, not published facts. Find a Tender does not publish who is bidding. Never shown: contact details, payment behaviour, or a recommended price.

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
Open for tender
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, CPTPP)
Recurring procurement
No (one-off requirement)
First published
2 Oct 2026, 13:42 BST
Last source update
2 Oct 2026, 13:42 BST
Award evaluation window
Submission end — 15 Mar 2027, 23:59 GMT
Latest notice
Tender notice (UK4)
Classification (CPV)
Accounting, auditing and fiscal servicesAuditing servicesFinancial auditing servicesStatutory audit services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-077fc2 Find a Tender
How it runs
Initial Tenders. Shortlisted providers will then be invited to a presentation and to submit a Final Tender

How to participate & submission route

Official notice Submit via Delta eSourcing
Submission portal named on this notice: Delta eSourcing · Who buys & how to bid on Delta
Public notice page · account needed to bidElectronic submission allowedLanguage: EN
Access & registration note: Free Select account; no DUNS asked at signup
Expression of interest (EOI)
—
Tender submission deadline
28 Oct 2026, 12:00 GMT
Clarification deadline
21 Oct 2026, 12:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

5 published dates · Europe/London
  1. Tender notice publishedjust passed
    2 Oct 2026, 13:42 BST
  2. Clarification questions byin 19 days
    21 Oct 2026, 12:00 BST
  3. Submission deadlinein 26 days
    28 Oct 2026, 12:00 GMT
  4. Award decision expected byin 164 days
    15 Mar 2027, 23:59 GMT
  5. Contract startsin 180 days
    1 Apr 2027, 00:00 BST

Commercial outcome & contract awards

Nothing awarded yet
Awards (0)
No award published
Contracts (0)
No contract published
Bid statistics
No aggregate bid statistics published

Notice history

1 event · 1 release on Find a Tender
  1. Tender notice published
    2 Oct 2026, 13:42 BSTUK4

Contracting authority & participating public bodies

Places for People Group Limited

Contracting authorityPublic authority - sub-central government GB-PPON: PCLC-2366-MYPY 305 Gray's Inn Road, London, London, WC1X 8QR [email protected]

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Conflict of interest declarationtenderConflict of interest declarationNot published

Notices published for this procedure

  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender