Find a TenderPlanned procurementPreliminary market engagement notice
Published 12 Aug 2026, 09:57 BST

Official UK procurement notice

Pre-Market Engagement – Provision of Internal Audit Services

Authority: Bedford College (Education)

ServicesBelow thresholdSME suitableVCSE suitable
Planned pipeline value£0pipeline notice, not a live tender
Tender notice expected 2 Nov 2026from the planned procurement notice
Contract term 2 moends 11 Mar 2027 · starts 11 Jan 2027

What is being bought

Published requirement description

Bedford College is undertaking a pre-market engagement (PME) exercise ahead of a planned procurement for the provision of internal audit services. The purpose of this engagement is to inform potential providers of the College's requirements, gather market feedback on the proposed scope and approach, and help shape a procurement process that secures a high-quality and cost-effective service. The anticipated scope includes the delivery of a risk-based internal audit service across the College and its subsidiaries, annual audit planning, reporting to the Audit Committee, and advisory support as required. This engagement is for market consultation purposes only and is not an invitation to tender, request for quotation, or call for competition. Participation in this engagement will not confer any advantage or disadvantage in any future procurement process

CPV: Internal audit services

The lotProcurement structure

single lot · no lot value published
Lot #1Planned 2 moSMEVCSE
Contract period: 11 Jan 2027 – 11 Mar 2027 (2 mo)
Delivery: UKEligibility: SME eligibleVCSE eligible

Who is likely to bid for this lot ↓

Pipeline intelligence · planning stage: how this market runs before the tender is published

How Bedford College buys Accounting and auditing services (CPV 7921), and who usually turns up

Bedford College’s published record next to the market for the same work. Frameworks and DPS are left out: they draw different bid counts. Whole-market view: Accounting and auditing services (CPV 7921) →

1

How the contest usually goes

Winner shares use published awards; bid and price charts use contested lots.

Question for the bid
This buyerBedford College · all categories
What to do with it
How often do SMEs win?
i

How often small and medium firms win.

Share of awards where the winner’s size is known.

The counts under this question show how many awards have a known supplier size.

Last 36 months.

Buyer: 2 of 2 known-size awards · market: CPV 7921 · UK-wide, n=349
2 of 222%

Small firms have won here. Neither number says whether you qualify; it describes who has been winning.

How often do local suppliers win?
i

How often local firms win similar work.

Winners with a registered address in the delivery region, out of awards with a known address.

Local means the winner is registered in the region where that award was delivered.

A local branch does not count if the registered address is elsewhere.

Last 36 months.

Buyer: 2 of 3 known-location awards · market: CPV 7921 · UK-wide, n=247
2 of 338%

Most of this buyer’s recorded winners were registered in the region where that award was delivered.

How long to a decision?
i

How long buyers here take to decide after bids close.

Middle value in days from the bid deadline to the award date, on competitions that published both.

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

Last 36 months.

Buyer: 4 decided notices · market: CPV 7921 · UK-wide, n=77
12 days46 days

Half of these awards have an award date within 12 days of the bid deadline.

How often single-bid or direct?
i

How often work is awarded with no recorded rival.

Direct awards and tenders where every published lot count shows one bid.

The market share is a minimum: some awards have no bid count.

Thin markets produce this too; it is not proof of a tailored specification.

Last 36 months.

Buyer: exactly 4 of 7 procurements with awards had no recorded rival · market: CPV 7921 · UK-wide, n=428
57%40%

Direct awards or one recorded bid are common here. Check the route before spending time on a bid.

How many bids did past lots attract?

i

How many bids past lots received.

Each colour is a bid-count range. Only competed lots with a published count are included.

Past bids do not predict this tender.

Last 36 months.

This buyer7 lots with bid counts · all categories
57% had one bid
The market182 lots with bid counts · CPV 7921 · UK-wide
13% had one bid
Buyer / market · select a colour for counts
1 bid57% / 13%
Buyer: 4 of 7 lots with published bid counts. Market: 23 of 182 lots with published bid counts.
2–30% / 40%
Buyer: 0 of 7 lots with published bid counts. Market: 72 of 182 lots with published bid counts.
4–629% / 31%
Buyer: 2 of 7 lots with published bid counts. Market: 56 of 182 lots with published bid counts.
7+14% / 17%
Buyer: 1 of 7 lots with published bid counts. Market: 31 of 182 lots with published bid counts.

How did awards compare with estimates?

i

Where winning prices landed against estimates.

Each colour shows awards below, close to or above the published estimate, one lot at a time.

Past prices are a guide, not a bid price.

Last 36 months.

This buyer5 lots with estimate and award · all categories
20% below estimate
The market128 lots with estimate and award · CPV 7921 · UK-wide
37% below estimate
Buyer / market · select a colour for counts
Below estimate20% / 37%
Buyer: 1 of 5 lots with an estimate and award. Market: 47 of 128 lots with an estimate and award.
Within ±2%0% / 37%
Buyer: 0 of 5 lots with an estimate and award. Market: 47 of 128 lots with an estimate and award.
Above estimate80% / 27%
Buyer: 4 of 5 lots with an estimate and award. Market: 34 of 128 lots with an estimate and award.
2

Assess each lot
i

What past awards tell you about each lot.

See the forecast, this buyer’s earlier suppliers and firms with relevant wins.

No supplier is confirmed as a bidder.

Open a lot for its forecast, this buyer’s previous supplier and possible competitors, from published award history, not a bid list

Lot #1CPV 79212 monthsSME suitableNo real estimate
Expected competition
i

How many bids this lot may attract.

The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.

Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative. The bar shows 182 past lots.

A forecast, not a list of bidders.

—No model forecast yet13% chance of a single bid
Past bids on 182 similar lots
1 bid13%
23 of 182 similar past lots received 1 bid (13%).
2–340%
72 of 182 similar past lots received 2–3 (40%).
4–631%
56 of 182 similar past lots received 4–6 (31%).
7+17%
31 of 182 similar past lots received 7+ (17%).
Comparable past lots usually drew 3 bids.
Commercial price forecast
i

Where the award price may land.

The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.

No comparable awards for this lot yet.

A statistical guide from past awards, not a price to bid.

—No real estimate
The buyer published £0 as the estimate (a placeholder, not the contract’s value), so there is nothing to forecast against.

Who has supplied this buyer on similar work?
i

Who has done similar work for this buyer.

Past contracts are matched by buyer, title and type of work.

A past supplier may not bid again.

No earlier contract of this buyer matches this lot on the published record.

Who could compete for this lot?
i

Who could compete for this lot?

Firms with relevant past wins. On a framework, we show firms on that agreement.

None is confirmed as a bidder.

Candidate suppliers for this notice have not been worked out yet, so this is not a verdict that nobody fits.

About this data
  • Source. Official UK public procurement notices (Find a Tender), reused under the Open Government Licence v3.0. New notices arrive through the day; the figures are rebuilt nightly.
  • Two views, kept apart. The authority’s own track record and the wider market for the same kind of work sit side by side and are never mixed. Where the local picture is too thin, a figure widens to a broader market and says which one it used.
  • Forecasts are labelled. The price forecast and its range, possible competitors and the earlier-work matches are our estimates from past awards: not published facts, not win chances and not price advice. Official notices do not say who is bidding.
  • Every figure shows what it rests on. Not every notice publishes a bid count, a value or a delivery region, so each figure carries the number of records behind it, and one built on few records is marked as such. The on a figure explains it; the counting rules are in the methodology. Spotted something wrong? Tell us.

Procedure terms & legal framework

From the official record
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Planned procurement
Procurement threshold
Below threshold
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
12 Aug 2026, 09:57 BST
Last source update
19 Aug 2026, 10:39 BST
Authority reference
CA18344
FTS notice number
2026/S 000-078839
Latest notice
Preliminary market engagement notice (UK2)
Classification (CPV)
Internal audit services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-06e20c Find a Tender

How it was run

Official notice
Submission deadline
—

Timeline

12 Aug 2026 → 11 Jan 2027 · 5 dates
  1. Planning notice published74 days ago
    12 Aug 2026, 09:57 BST
  2. Latest notice published67 days ago
    19 Aug 2026, 10:39 BST
  3. Market engagement52 days ago
    2 Sept 2026, 23:59 BST

    The Contracting Authority will conduct the procurement in accordance with the Procurement Act 2023 and the associated regulations, ensuring compliance with the statutory objectives.

  4. Today
    25 Oct 2026
  5. Tender notice expectedin 9 days
    2 Nov 2026, 23:59 GMT
  6. Contract startsin 78 days
    11 Jan 2027

Notice history

2 events · 2 releases on Find a Tender · since 12 Aug 2026
  1. Preliminary market engagement notice published
    12 Aug 2026, 09:57 BST
    UK2
  2. Preliminary market engagement notice published
    19 Aug 2026, 10:39 BST
    UK2

Commercial outcome & contract awards

Pipeline notice
Awards (0)
No award published
Contracts (0)
No contract published
Bid statistics
No aggregate bid statistics published

Contracting authority & participating public bodies

Bedford College

Contracting authorityPublic undertaking GB-PPON: PBCW-2828-YLLW Cauldwell Street, Bedford, East of England, MK42 9AHContact name, email, phone

Official documents & specifications (2)

Official links; attachments are not copied

Notices published for this procedure