Find a TenderAwarded
Published 4 Mar 2024, 16:15 GMT

Official UK procurement notice

Paradigm Trust – External Audit Services

Official notice

Authority: Paradigm Trust (Public body)

ServicesOpen procedure
Awarded value£28,280published contract · exc. VAT
Submissions closed 3 Apr 2024awarded 30 May 2024
Awarded to MA PARTNERS AUDIT LLP

What is being bought

Published requirement description

To supply External Audit Services to Paradigm Trust

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

The lotProcurement structure

single lot · no lot value published
Lot #1To supply External Audit Services to Paradigm Trust for 1 year to 31st May 2025 with…Awarded

To supply External Audit Services to Paradigm Trust for 1 year to 31st May 2025 with possible 4 x 12 month contract extensions to 31st May 2029

Delivery: East of England, London · London
Extensions: 60 month(s) from the commencement date, with 12 initial month(s) and option to extend 4x12 month(s)Variant bids: not allowed

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 were scored
Quality: 80%Price: 20%
Published sub-criteria (3)
  • Customer Requirements: 75%
  • Added Value: 5%
  • price: 20%
Published award criteria (3)
  • Customer Requirements: 75.00%
  • Added Value: 5.00%
  • Price: 20.00%
Conditions of participation3
  • Suitability

    In the first instance, candidates should register with multiquote.com and express an interest in the contract. Contract details can be found under the 'Opportunities’ section of the multiquote.com homepage. A Selection Questionnaire (SQ)must be completed and returned (via multiquote.com) as part of the request to participate process. Candidates will need to provide as part of the request to participate process evidence of business quality standards, accreditations, and relevant experience. Any candidate found to be guilty of serious misrepresentation in proving false or inaccurate information may be declared ineligible and not selected to continue with the process.

  • Economic & financial standing

    In the first instance, candidates should register with multiquote.com and express an interest in the contract. Contract details can be found under the 'Opportunities’ section of the multiquote.com homepage. A Selection Questionnaire (SQ)must be completed and returned (via multiquote.com) as part of the request to participate process. Candidates will need to provide as part of the request to participate process evidence of business quality standards, accreditations, and relevant experience. Any candidate found to be guilty of serious misrepresentation in proving false or inaccurate information may be declared ineligible and not selected to continue with the process.

    Minimum: Minimum Insurance Levels: £5m PL & EL and £2m PI
  • Technical & professional ability

    In the first instance, candidates should register with multiquote.com and express an interest in the contract. Contract details can be found under the 'Opportunities’ section of the multiquote.com homepage. A Selection Questionnaire (SQ)must be completed and returned (via multiquote.com) as part of the request to participate process. Candidates will need to provide as part of the request to participate process evidence of business quality standards, accreditations, and relevant experience. Any candidate found to be guilty of serious misrepresentation in proving false or inaccurate information may be declared ineligible and not selected to continue with the process.

    Minimum: Please refer to the tender document
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 · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
4 Mar 2024, 16:15 GMT
Last source update
30 May 2024, 11:39 BST
Award evaluation window
3 Apr 2024 – …
Authority reference
CA13726 -
FTS notice number
2024/S 000-016863
Classification (CPV)
Accounting and auditing servicesAccounting, auditing and fiscal servicesAuditing servicesFinancial auditing servicesStatutory audit services
Delivery area
East of England (UKH14)London (UKI4)
Official registry OCID
ocds-h6vhtk-044546 Find a Tender
Contract terms
Performance terms

Please refer to the tender document

Review and risk notes
Review procedure

The authority will incorporate a minimum 10 calendar day standstill period at the point that information on the award of the contract is communicated to tenderers. If an appeal regarding the award of contract has not been successfully resolved then the Public Contracts Regulations 2015 provide for aggrieved parties who have been harmed or are at risk of harm by breach of the rules to take action in the High Court. Any such action must be brought promptly (generally within 3 months).

Publisher note: Section II.3) – dates refer to the initial contract period and do not include the options of any extensions. Section IV.3.5) – any dates shown are an estimate. In the first instance, candidates should register with www.multiquote.com and express an interest in the contract, full details of the contract will be available. The Contracting Authority shall not be under any obligation to accept any tender. The Contracting Authority reserves the right to cancel the entire or parts of the tender, without such an action conferring any right to compensation on the Tenderers. The Contracting Authority has no liability to settle any cost incurred by the tenderer as a result of the tendering procedure.

How it was run

Official notice
Run through: MultiQuote · Who buys & how to bid on MultiQuote
Supplier login requiredLanguage: EN
Access & registration note: Free
Submission deadline
3 Apr 2024, 17:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
3 Apr 2024, 17:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

3 Apr 2024 → 30 May 2024 · 3 dates
  1. Submission deadline
    3 Apr 2024, 17:00 BST
  2. Bids opened
    3 Apr 2024, 17:00 BST
  3. Notice published
    30 May 2024, 11:39 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    30 May 2024, 11:39 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £28,2801 contract exc. VAT
Bids received 3
Contracts signed 1latest 30 May 2024
Awarded toValueDateStatus
MA PARTNERS AUDIT LLP£28,280 †—Awarded

Contracts

  • Paradigm Trust – External Audit Services · MA PARTNERS AUDIT LLP

    Signed
    30 May 2024
    Value
    £28,280
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids———

Contracting authority & participating public bodies

Paradigm Trust

Contracting authorityPublic bodyBody governed by public lawEducation c/o Culloden Primary School, Dee Street, London, UK, E14 0PTContact email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Tenet Education Services LtdMediation bodyReview bodyReview contact point SalfordContact email, phone

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.