Official UK procurement notice
Tender for External Audit Services
Authority: Greatwell Homes (Public body)
What is being bought
Published requirement descriptionThe main purpose of the tender is to appoint an external auditor to determine if the annual financial statements for each year of the contract give a true and fair view of the state of affairs of Greatwell Homes at the reporting date and for the year under review taking into account the requirements of (or any update or replacement to):
•The Housing SORP 2018 – The Statement of Recommended Practice for social housing providers;
•The Accounting Direction for Private Registered Providers of Social Housing in England 2022;
•The Housing Act 1996 and the Housing and Regeneration Act 2008; and
•UK Generally Accepted Accounting Practice FRS 102
And any other applicable legislation or accepted accounting practice and in line with auditing standards.
To view this notice, please click here:
CPV: Statutory audit services
The lotProcurement structure
single lot · no lot value publishedLot #1PlannedRenewal
Pipeline intelligence · planning stage: how this market runs before the tender is published
How Greatwell Homes buys Accounting and auditing services (CPV 7921), and who usually turns up
Greatwell Homes’s own published record, next to the published market for the same work. Frameworks and DPS are kept out: they attract a different number of bids. Whole-market view: Accounting and auditing services (CPV 7921) →
How the contest usually goes
Winner shares use published awards; bid and price charts use contested lots.
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.
No small-firm winners recorded among this authority’s published awards in this sample.
i
How often local firms win similar work.
Winners with a registered address in the delivery region, out of awards with a known address.
Here, local means registered in East Midlands.
A local branch does not count if the registered address is elsewhere.
Most of this buyer’s recorded winners are registered outside East Midlands.
i
How long buyers here take to decide after bids close.
Middle value in days from the deadline to the first award notice, on competitions that published both dates.
Only decided tenders count, so slow ones still waiting are not in.
Half of these awards were announced within 63 days of the bid deadline.
i
How often work is awarded with no recorded rival.
Direct awards and tenders where every published lot count shows one bid.
Both shares are minimums: some awards have no bid count.
Thin markets produce this too; it is not proof of a tailored specification.
Missing bid counts may hide more single-bid awards. This share is a minimum.
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.
1 bid0% / 0%
2–329% / 33%
4–657% / 33%
7+14% / 33%
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.
Below estimate14% / 40%
Within ±2%86% / 60%
Above estimate0% / 0%
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.
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 7921Published estimate£504k
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 85 past lots.
A forecast, not a list of bidders.
1 bid16%
2–325%
4–619%
7+40%
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.
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.
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.
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
- 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
- 22 Oct 2025, 16:05 BST
- Last source update
- 22 Oct 2025, 16:05 BST
- FTS notice number
2025/S 000-067587- Latest notice
- Preliminary market engagement notice (UK2)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-05d1dfFind a Tender
How it was run
Official notice- Submission deadline
- —
Timeline
22 Oct 2025 → 1 Jun 2026 · 4 dates- Planning notice published364 days ago22 Oct 2025, 16:05 BST
- Market engagement313 days ago12 Dec 2025, 23:59 GMT
General information
It is mandatory for any interested suppliers to register on the CENTRAL DIGITAL PLATFORM which is part of the enhanced Find a Tender Service and to submit their tender through the Delta e-tendering solution.
This procurement will be progressed using the Competitive Flexible Procedure utilising the Procurement Act 2023.
Key aspects of the procurement will be:
•appropriate qualifications and registrations to carry out the audit of UK financial statements; and
•an understanding of the UK social housing sector with experience of auditing the financial statements of housing associations registered with the Regulator of Social Housing for England and Wales.
•The requirement to have adequate Professional Indemnity insurance on the contract start date and for the duration of the contract
•To have in place or to agree, where appropriate, to adopt the policies and procedures of Greatwell Homes in respect of:
- Sustainability – pricing, workforce & environmental.
- Quality Management System.
- Equality, Diversity and Inclusion Policy & Procedures.
- Data Protection Act – registered and compliant.
- Anti – Bribery Policy.
- Business Continuity Plan – disaster recovery procedures.
- Financial Crimes Compliance Policy.
- Modern Slavery Act Statement.
•Ability to work in an agile way, supporting Greatwell Homes flexible working practices and provide access to a secure on-line portal for the sharing of information.
Business Requirements
For each financial year for the duration of the contract we require:
In advance of each audit year end an Audit Strategy setting out the approach to the audit and including but not limited to details of the audit team, risks (including emerging risks) and mitigations and timescales.
An Audit Progress Report summarising the findings and recommendations from the interim stage of the audit.
An Audit Management Letter setting out the results of the audit including but not limited to the key audit areas and findings and audit observations and recommendations.
Annual Compliance Certificates as required by key stakeholders.
The audit must be completed and the signed audited financial statements and compliance certificates available to circulate or file within the timescales required to meet our legal, regulatory and contractual obligations.
Procurement Stage - Market Engagement:
- To highlight Initial Conditions of Participation to exclude any suppliers who are not appropriately qualified and registered to carry out the audit of financial statements in the UK or who do not have sufficient understanding of the UK social housing sector and experience auditing the financial statements of housing associations registered with the Regulator of Social Housing for England and Wales and who are not registered on the Central Digital Platform or able to submit their tender through the Delta e-tendering solution.
- Opportunity for clarification questions and feedback.
Procurement Stage - Tender:
- Greatwell Homes may exclude suppliers based on additional Conditions of Participation.
- Greatwell Homes reserves the right to add or remove stages throughout the procurement process.
- Tender Notice and Tender Documents published – estimated date December 2025
- Conflict of interest declaration
- Suppliers meeting the conditions of participation invited to submit tenders via Delta e-tendering platform –estimated date February 2026
- Shortlist invited to present to key personnel – estimated date April 2026
- Contract awarded to most advantageous tender – estimated date May 2026
Participation
Greatwell Homes welcomes interest from all suppliers who meet the conditions of participation outlined in this notice including SMEs and VCSEs.
- Tender notice expected306 days ago19 Dec 2025, 23:59 GMT
- Contract starts143 days ago1 Jun 2026, 00:00 BST
Notice history
1 event · 1 release on Find a Tender- Preliminary market engagement notice published22 Oct 2025, 16:05 BSTUK2
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
Official documents & specifications (1)
Official links; attachments are not copiedNotices published for this procedure
- Preliminary market engagement notice Preliminary market engagement notice on Find a Tender