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Published 8 Sept 2025, 10:52 BST

Official UK procurement notice

OPDC Accountancy Support- Subsidiaries Financial Services

Official notice

Authority: Transport for London (Public body)

ServicesOpen procedureAbove thresholdSME suitableAccelerated
Published estimate£350,000≈ £117k / year · £420,000 inc. VAT
Submissions closed 23 Oct 2025
Contract term 3 yrsends 28 Nov 2028 · up to 28 Nov 2030 with extensions · starts 28 Nov 2025

What is being bought

Published requirement 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.

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.

CPV: Accounting services · Financial consultancy, financial transaction processing and clearing-house services · Financial management consultancy services

The lotProcurement structure

single lot · value published
Lot #1Renewal 3 yrsSMEPublished value£350,000
Contract period: 28 Nov 2025 – 28 Nov 2028 (3 yrs) · up to 28 Nov 2030 with extensionsValue: £350,000 exc. VAT · £420,000 inc. VAT
Delivery: UKEligibility: SME eligible
Extensions: An initial three year contract with the option to extend the contract for a further two years (1+1) at the Authority's discretion.

What it takes to win
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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 were scored
Quality: 80%Price: 20%
Published sub-criteria (2)
  • Technical: 80%
  • Commercial: 20%
Published award criteria (2)
  • Technical
  • Commercial
What this means for your bid
  • Price carries 20 of 100 points: a 10% discount moves about 2 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
Open 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
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
8 Sept 2025, 10:52 BST
Last source update
8 Sept 2025, 10:52 BST
Award evaluation window
Submission end – 11 Nov 2025
Authority reference
GLA82408
FTS notice number
2025/S 000-054552
Accelerated
State of urgency
Latest notice
Tender notice (UK4)
Classification (CPV)
Accounting servicesFinancial consultancy, financial transaction processing and clearing-house servicesFinancial management consultancy services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-059593 Find a Tender

How it was run

Official notice
Run through: SAP Ariba · Who buys & how to bid on SAP Ariba
Supplier login requiredElectronic submission allowedLanguage: EN
Access & registration note: Free buyer-specific invitations
Submission deadline
23 Oct 2025, 12:00 BST
Clarification deadline
16 Oct 2025, 23:59 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

All tender submissions to be done via TFL SAP Ariba Portal.

s1-eu.ariba.com/Sourcing/Main/aw ↗

Timeline

8 Sept 2025 → 28 Nov 2025 · 5 dates
  1. Tender notice published
    8 Sept 2025, 10:52 BST
  2. Clarification questions by373 days ago
    16 Oct 2025, 23:59 BST
  3. Submission deadline367 days ago
    23 Oct 2025, 12:00 BST
  4. Award decision expected by347 days ago
    11 Nov 2025, 23:59 GMT
  5. Contract starts331 days ago
    28 Nov 2025

Notice history

1 event · 1 release on Find a Tender
  1. Tender notice published
    8 Sept 2025, 10:52 BST
    UK4

Contracting authority & participating public bodies

Transport for London

Contracting authorityPublic authority - central government GB-PPON: PHMT-6197-NWNZ 5 Endeavour Square, London, London, E20 1JNContact name, email

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

Notices published for this procedure

  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender