Tender

Audit Services ITT 2025

  • Sovereign Network Group

UK4: Tender notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2025/S 000-029287

Procurement identifier (OCID): ocds-h6vhtk-052b02

Published 2 June 2025, 4:28pm

Last edited 4 June 2025, 11:00am

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Scope

Description

SNG are seeking to re-tender contracts for both internal and external audit services. The tender shall be divided between two Lots:

Lot 1 Internal Audit

Lot 2 External Audit

The Contracts will be for an initial term of 4 years extendable at SNG's sole option for a period of 3 years, giving a total of 7 years

Please note that due to segregation of duty and to prevent conflict of interest, no bidder can enter into a contract for both services.

Total value (estimated)

  • £0 including VAT

Above the relevant threshold

Contract dates (estimated)

  • 1 November 2025 to 31 October 2029
  • Possible extension to 31 October 2032
  • 7 years

Description of possible extension:

Subject to satisfactory performance of the successful bidders, there shall be the option for a 3 year extension to the individual contracts. These extensions shall also be subject to agreement in writing between the Parties

Main procurement category

Services

CPV classifications

  • 79200000 - Accounting, auditing and fiscal services
  • 79210000 - Accounting and auditing services
  • 79212000 - Auditing services
  • 79212200 - Internal audit services
  • 79212300 - Statutory audit services

Lot constraints

Maximum number of lots a supplier can be awarded: 1


Lot LOT-0001. Internal Audit

Description

The successful internal audit provider will collaborate closely with SNG's internal audit team to deliver internal audit services that align with SNG's strategic objectives.

The provider will adhere to the SNG Internal Audit Methodology, including structure and format of reporting, throughout the engagement.

Lot value (estimated)

  • £0 excluding VAT
  • £0 including VAT

Same for all lots

CPV classifications and contract dates are shown in the Scope section, because they are the same for all lots.


Lot LOT-0002. External Audit

Description

SNG is seeking to appoint a supplier to enter into an arrangement for the provision of External Statutory Audit Services,

The specific areas of the Company's business to be audited during any resulting arrangement would be based upon the legal requirements for a statutory audit and in line with appropriate accounting legislation. Proposals should allow for any known changes in accounting legislation

Lot value (estimated)

  • £0 excluding VAT
  • £0 including VAT

Same for all lots

CPV classifications and contract dates are shown in the Scope section, because they are the same for all lots.


Submission

Submission type

Requests to participate

Deadline for requests to participate

7 July 2025, 1:00pm

Submission address and any special instructions

All bidders must create an account with SNG's tender portal Intend - all documents must be submitted electronically to Intend

https://in-tendhost.co.uk/sovereign/aspx/Home

Tenders may be submitted electronically

Yes

Languages that may be used for submission

English

Award decision date (estimated)

14 October 2025

Recurring procurement

Publication date of next tender notice (estimated): 2 June 2029


Award criteria

This table displays the award criteria of the lot
Name Description Type
Simple description

Price 40%

Quality 55%

Social 5%

Price

Weighting description

Price 40%

Quality 55%

Social 5%


Other information

Conflicts assessment prepared/revised

Yes


Procedure

Procedure type

Competitive flexible procedure

Competitive flexible procedure description

This tender is to be undertaken in order to award contracts for an Internal Audit service contract and an External Audit service contract. The CFP shall comprise of the following steps:

Participation stage - issue of CPQ,

Invitation to tender and initial tender submission,

Top 5 Suppliers for each Lot invited to presentations and negotiations,

Best and Final Offers (BAFO) to be submitted,

Evaluation of BAFOs,

Contracts Award

Reduced tendering period

Yes

Pre-selected tenderers - utilities contract or not central government - minimum 10 days


Contracting authority

Sovereign Network Group

  • Companies House: RS007448

Sovereign House, Basing View

Basingstoke

RG21 4FA

United Kingdom

Region: UKJ37 - North Hampshire

Organisation type: Public undertaking (commercial organisation subject to public authority oversight)