Section one: Contracting authority
one.1) Name and addresses
LocatED Property Limited
Roxburghe House
London
W1B2HA
Contact
Roger Miller
Telephone
+44 7917097688
Country
United Kingdom
NUTS code
UK - United Kingdom
Internet address(es)
Main address
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Education
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Provision of Management Account support
two.1.2) Main CPV code
- 66171000 - Financial consultancy services
two.1.3) Type of contract
Services
two.1.4) Short description
Provision of management accountancy support to complement and provide additional capacity and capability as required to in-house resources.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £33,190
two.2) Description
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
Main site or place of performance
LocatED provide services UK wide.
two.2.4) Description of the procurement
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.
two.2.5) Award criteria
Quality criterion - Name: Capability and Capacity / Weighting: 20
Quality criterion - Name: Methodology and approach / Weighting: 20
Quality criterion - Name: Resources available / Weighting: 30
Price - Weighting: 30
two.2.11) Information about options
Options: Yes
Description of options
1x12 months
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Award of a contract without prior publication of a call for competition in the cases listed below
- The procurement falls outside the scope of application of the regulations
Explanation:
Requirement was advertised in Contracts Finder on 20 October 2021. This yielded 6 responses. Requirement was below threshold.
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
Section five. Award of contract
Contract No
LC16
Title
Provision of Management Accountancy Support
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
25 January 2021
five.2.2) Information about tenders
Number of tenders received: 6
Number of tenders received from SMEs: 6
Number of tenders received by electronic means: 6
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Avec Partnership Ltd
Newton Aycliffe
Country
United Kingdom
NUTS code
- UKC - North East (England)
The contractor is an SME
Yes
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £33,190
Total value of the contract/lot: £33,190
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
To be determined
To be determined
Country
United Kingdom