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ClosedFind a Tender · UK4

OPDC Accountancy Support- Subsidiaries Financial Services

Buyer: Transport for London →

View official notice ↗Official source

BuyerTransport for London
StatusClosed
Deadline23 Oct 2025
Value£350,000
Published8 Sept 2025

What is being bought

As part of its land assembly programme, OPDC has acquired land interests either by directly purchasing within the Old Oak and Park Royal area, or by purchasing a number of Special Purpose Vehicles (SPVs) which in turn hold the land interest. To date, OPDC has purchased the following SPVs, all of which are 100% owned by OPDC: OPDC requires good financial management of each SPV in order to meet statutory requirements for preparing accounts and paying relevant taxes. This directors of the SPVs, who are OPDC Executive Directors, also have certain responsibilities for which they are personally liable. In addition, the financial results from each SPV are incorporated into OPDC's and the GLA's financial reporting and accounts. Therefore good financial management and control of these subsidiaries is essential for OPDC.

Delivery location

UK, GB

Categories

Financial consultancy, financial transaction processing and clearing-house services 66170000Accounting services 79211000Financial management consultancy services 79412000

Lot details

Lot 1

No lot description published.

Statusactive
Value£350,000
Contract periodFrom 28 Nov 2025 to 28 Nov 2028
SME suitabilitySuitable for SMEs

Award criteria
Technical (80%)
Commercial (20%)

What is included

ItemCategoryQuantity
1Financial consultancy, financial transaction processing and clearing-house services, Accounting services, Financial management consultancy servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Financial consultancy, financial transaction processing and clearing-house services (66170000); 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 661,4243 median · 15.7 average (515 of 1,424 with a bid count)2.1 average (585 of 1,424 with named award suppliers)Not published
Same buyer4Not publishedNot publishedNot published
Delivery region: UK4505.5 median · 13.6 average (124 of 450 with a bid count)2.8 average (153 of 450 with named award suppliers)Not published
Similar published value (0.5×–2×)921 median · 1 average (1 of 92 with a bid count)1 average (1 of 92 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 requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byNot published
Submission policyallowed
Selection criteriaNot published
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.

Source data inventory

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

OCIDocds-h6vhtk-059593
Latest release ID054552-2025
Latest release timestampMon Sep 08 2025 09:52:37 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLhttps://www.find-tender.service.gov.uk/Notice/054552-2025
Tender statusactive
Procurement methodopen
Procurement method detailsOpen procedure
Main procurement categoryservices
Above thresholdYes
Legal basis2023/54
Tender period: startNot published
Tender period: end2025-10-23T12:00:00+01:00
Expression of interest deadlineNot published
Enquiry deadline2025-10-16T23:59:59+01:00
Award period: startNot published
Award period: end2025-11-11T23:59:59Z
Submission method detailsAll tender submissions to be done via TFL SAP Ariba Portal. https://s1-eu.ariba.com/Sourcing/Main/aw?awh=r&awssk=rOf2ZeU2KMO.r9zy&realm=TfL&dard=1#b0
Submission languagesen
Electronic catalogue policyNot published
Total tender value£350,000
Tender lots in source1
Tender items in source1
Tender documents in source3
Awards in latest release0
Contracts in latest release0
Parties in latest release1

Notice history

DateEventReference
8 Sept 2025tender054552-2025

All source data

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

Complete current OCDS release JSON
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            {
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          {
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    "value": {
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    "status": "active",
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        "id": "054552-2025",
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    "tenderPeriod": {
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    "aboveThreshold": true,
    "submissionTerms": {
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    "procurementMethod": "open",
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    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-PPON-PHMT-6197-NWNZ",
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        "email": "benjaminosaekwapong@tfl.gov.uk"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}
Complete JSON history (1 releases)
8 Sept 2025 · 054552-2025 · tender
{
  "id": "054552-2025",
  "tag": [
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  "date": "2025-09-08T10:52:37+01:00",
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            "description": "Accounting services"
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          {
            "id": "79412000",
            "scheme": "CPV",
            "description": "Financial management consultancy services"
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    "description": "As part of its land assembly programme, OPDC has acquired land interests either by directly purchasing within the Old Oak and Park Royal area, or by purchasing a number of Special Purpose Vehicles (SPVs) which in turn hold the land interest.\nTo date, OPDC has purchased the following SPVs, all of which are 100% owned by OPDC:\nOPDC requires good financial management of each SPV in order to meet statutory requirements for preparing accounts and paying relevant taxes. This directors of the SPVs, who are OPDC Executive Directors, also have certain responsibilities for which they are personally liable.\nIn addition, the financial results from each SPV are incorporated into OPDC's and the GLA's financial reporting and accounts. Therefore good financial management and control of these subsidiaries is essential for OPDC.",
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