Official UK procurement notice
Provision of Management Account support
Authority: LOCATED PROPERTY LIMITED (Central government)
Sectors: Financial and insurance services (66) Delivery: UK
Awarded value£33,190published contract · exc. VAT
Awarded 25 Jan 2021no call for competition
Awarded to Avec Partnership Ltd
What is being bought
Published requirement descriptionProvision of management accountancy support to complement and provide additional capacity and capability as required to in-house resources.
CPV: Financial consultancy services
The lotProcurement structure
single lot · no lot value publishedLot #1LocatED is looking to appoint a provider that can deliver management accountancy…Awarded
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.
Procedure terms & legal framework
From the official record- Procedure method
- Award procedure without prior publication of a call for competition
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 25 Jun 2021, 00:18 BST
- Last source update
- 25 Jun 2021, 00:18 BST
- FTS notice number
2021/S 000-014477- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02c000Find a Tender
- Why no open competition
- The procurement falls outside the scope of application of the directive
- Published justification
Requirement was advertised in Contracts Finder on 20 October 2021. This yielded 6 responses. Requirement was below threshold.
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £33,1901 contract exc. VAT
Bids received 66 from SMEs
Contracts signed 1latest 25 Jan 2021
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Avec Partnership LtdSMEProvision of Management Accountancy Support | £33,190 † | — | Awarded |
Contracts
Provision of Management Accountancy Support · Avec Partnership LtdSME
- Signed
- 25 Jan 2021
- Value
- £33,190
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 6bids · 6 electronic | 6 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- To be determinedReview body
Bidders & participating suppliers
1 commercial party on the notice- Avec Partnership LtdAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.