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Official procurement procedure

Provision of Management Account support

Financial consultancy services
UK
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: LocatED Property Limited: "Provision of Management Account support". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityLocatED Property LimitedScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: LocatED Property Limited
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for LocatED Property Limited. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
3.5Bids / Report
50% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 2 active published awards; 2 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityLocatED Property Limited
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published25 Jun 2021, 00:18 BST
Last source update25 Jun 2021, 00:18 BST
Recurring procurementNot published
ClassificationFinancial consultancy services
Delivery area
UK
OCIDocds-h6vhtk-02c000
What is being bought
Provision of management accountancy support to complement and provide additional capacity and capability as required to in-house resources.
What changed
From the official release history
  1. Status changed to complete
    25 Jun 2021, 00:18 BST
  2. Official notice release published
    25 Jun 2021, 00:18 BST
  3. Buyer information updated
    25 Jun 2021, 00:18 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    LocatED is looking to appoint a provider that can deliver management accountancy support that will comprise the following: • Preparing reports on at least a monthly basis to allow the continued review of the company's performance against the annual administration running cost budget. • Producing timely and accurate monthly period-end journals and accruals as required. • Maintaining financial records for each scheme and service in a manner that facilitates management reports which will comprise of data provided by LocatED. • Calculate and submit the annual Corporation Tax (always a nil value) and VAT return to HMRC. • Maintaining compliance with internal financial and accounting policies and procedures. • Supporting the Associate Director of Finance in ensuring all statutory requirements of LocatED are met. • Assisting in the preparation of information for the annual audit. • Create and issue invoices to clients of LocatED should LocatED begin charging for services.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    25 Jun 2021, 00:18 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 25 Jan 2021, 00:00 GMT · £33,190
Commercial outcome and competition
Awards
Avec Partnership Ltd
Not published · Not published · active
Contracts
Provision of Management Accountancy Support
£33,190 · signed 25 Jan 2021, 00:00 GMT · active
Bid statistics
bids: 6 (lot 1)
electronicBids: 6 (lot 1)
smeBids: 6 (lot 1)
Buyer and organisations in this procedure

LocatED Property Limited

Contracting authority GB-FTS-20542
View buyer profile
  • LocatED Property Limited
    buyer

    Roxburghe House, London, UK, W1B2HA
    +44 7917097688
  • Avec Partnership Ltd
    supplier

    Newton Aycliffe, UKC
  • To be determined
    reviewBody

    To be determined
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleRequirement was advertised in Contracts Finder on 20 October 2021. This yielded 6 responses. Requirement was below threshold.